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St. Clair County/Marysville/48040

48040

ZIPSAFMR
St. Clair County, MI
Zillow

ZIP Investment Score

77Below average

095130300
BRFMR
Eff. Rent
0 BR$860$950
1 BR$960$1,040
2 BR$1,200$1,180
3 BR$1,460$1,280
4 BR$1,590$1,520
5 BR$1,828Not available
6 BR$2,103Not available
7 BR$2,418Not available
8 BR$2,781Not available

Purchase Price Calculator

Maximum purchase price
$113,431

Cost breakdown

+Likely effective rent$1,180
HUD FMR$1,200
Market rentUsed$1,180
Est. payment standard (99%)$1,190
-Principal and interest-$574
Loan amount$90,745
Down payment$22,686
Rate6.50%
Term30 years
-Operating costs-$406
Property taxes-$113
Insurance-$175
Utilities$0
HOA$0
Management-$118
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,173(84.5% ROI)
Projected value
$122,153
Return breakdown
Property appreciation+$8,722
Loan principal paid down+$3,251
Rental cash flow+$7,200
5-year hold
+$32,703(144.2% ROI)
Projected value
$128,337
Return breakdown
Property appreciation+$14,906
Loan principal paid down+$5,798
Rental cash flow+$12,000
10-year hold
+$69,585(306.7% ROI)
Projected value
$145,201
Return breakdown
Property appreciation+$31,770
Loan principal paid down+$13,815
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.78
1 BR
0.89
2 BR
1.02
3 BR
1.14
4 BR
1.05
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 48040 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 48040 (Marysville, MI) is $1,200 a month. That is up 2.6% from $1,170 in FY 2026. Marysville is in the Detroit-Warren-Livonia, MI HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 25 ZIP codes in St. Clair County, 48040 is tied for the 12th-highest two-bedroom rent (county range $1,020–$1,520). The median county two-bedroom FMR in Michigan is $1,085, so ZIP 48040 is 11% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 48040
BedroomsFY 2027Change90–110% range
Studio$860+2.4%$774–$946
1BR$960+3.2%$864–$1,056
2BR$1,200+2.6%$1,080–$1,320
3BR$1,460+2.1%$1,314–$1,606
4BR$1,590+2.6%$1,431–$1,749

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 48040
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$860$960$1,200$1,460$1,590
FY 2026$840$930$1,170$1,430$1,550
FY 2025$830$920$1,170$1,440$1,550
FY 2024$790$880$1,110$1,370$1,480
FY 2023$740$830$1,060$1,320$1,420

Two-bedroom rent in nearby St. Clair County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 48040
48022$1,180−1.7%
48023$1,520+26.7%
48027$1,030−14.2%
48028$1,190−0.8%
48032$1,160−3.3%
48039$1,120−6.7%
48040Current$1,200—
48041$1,100−8.3%
48049$1,320+10.0%
48054$1,400+16.7%
48059$1,2000.0%
48060$1,230+2.5%

Questions about ZIP 48040 rents

How much will Section 8 pay for a two-bedroom in ZIP 48040?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,200, that basic range is $1,080 to $1,320 a month. 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 ZIP 48040 in?

ZIP 48040 is in the Detroit-Warren-Livonia, MI HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 48040 for FY 2027?

The two-bedroom FMR rose 2.6%, from $1,170 in FY 2026 to $1,200 in FY 2027. Since FY 2023 it has risen 13.2%.

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

County fair market rentMarysville, MI fair market rentMI statewide rentsWhat is SAFMR?Data sources