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Home/MI/Monroe County

Monroe County, MI

CountySAFMR
Found 25 ZIPs
Zillow

County Median Investment Score

82Below average

095130300
BRFMR
Eff. Rent
0 BR$830 – $1,410$720 – $1,550
1 BR$910 – $1,540$870 – $1,310
2 BR$1,200 – $1,930$1,140 – $1,740
3 BR$1,450 – $2,350$1,410 – $2,060
4 BR$1,820 – $2,740$1,450 – $2,380
5 BR$2,392Not available
6 BR$2,751Not available
7 BR$3,163Not available
8 BR$3,638Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
3
0.78-1.42
1 BR
3
3
0.88-1.27
2 BR
3
3
0.81-1.35
3 BR
3
3
0.87-1.43
4 BR
6
0.80-1.73
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Monroe County, MI fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 25 ZIP codes in Monroe County, MI ranges from $1,200 to $1,930 a month, with a median of $1,350. That is down 2.2% from $1,380 in FY 2026. Monroe County is in the Monroe, MI MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,304. The median county two-bedroom FMR in Michigan is $1,085, so Monroe County is 24% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Monroe County, MI
BedroomsFY 2027Change90–110% range
Studio$940−4.1%$846–$1,034
1BR$1,030−4.6%$927–$1,133
2BR$1,350−2.2%$1,215–$1,485
3BR$1,650−3.5%$1,485–$1,815
4BR$2,080−3.3%$1,872–$2,288

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Monroe County, MI
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$940$1,030$1,350$1,650$2,080
FY 2026$980$1,080$1,380$1,710$2,150
FY 2025$950$1,060$1,330$1,650$2,020
FY 2024$870$970$1,250$1,560$1,930
FY 2023$790$890$1,140$1,440$1,850

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
48164$1,930+43.0%
48191$1,750+29.6%
48179$1,660+23.0%
48177$1,570+16.3%
48182$1,570+16.3%
48111$1,530+13.3%
48160$1,530+13.3%
49229$1,500+11.1%
48131$1,460+8.1%
48166$1,440+6.7%
49276$1,420+5.2%
48134$1,370+1.5%
48144$1,3500.0%
48117$1,330−1.5%
48140$1,330−1.5%
48145$1,310−3.0%
49270$1,260−6.7%
48159$1,240−8.1%
49267$1,240−8.1%
49228$1,230−8.9%
48161$1,220−9.6%
48133$1,200−11.1%
48157$1,200−11.1%
48162$1,200−11.1%

Showing the 24 highest of 25 ZIP codes.

Questions about Monroe County, MI rents

How much will Section 8 pay for a two-bedroom in Monroe County, MI?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,304, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,174 to $1,434 a month; under the ZIP-level Small Area FMR of $1,350 it would be $1,215 to $1,485. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Monroe County, MI in?

Monroe County, MI is in the Monroe, MI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,304.

How much did fair market rent change in Monroe County, MI for FY 2027?

The two-bedroom FMR fell 2.2%, from $1,380 in FY 2026 to $1,350 in FY 2027. Since FY 2023 it has risen 18.4%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

MI statewide rentsWhat is SAFMR?Data sources