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St. Clair County/East China/48054

48054

ZIPSAFMR
St. Clair County, MI
Zillow

ZIP Investment Score

82Below average

095130300
BRFMR
Eff. Rent
0 BR$1,000$1,000
1 BR$1,120$1,120
2 BR$1,400$1,400
3 BR$1,700$1,700
4 BR$1,850$1,850
5 BR$2,128Not available
6 BR$2,447Not available
7 BR$2,814Not available
8 BR$3,236Not available

Purchase Price Calculator

Maximum purchase price
$146,123

Cost breakdown

+Likely effective rent$1,400
HUD FMRUsed$1,400
Market rentN/A
Est. payment standardN/A
-Principal and interest-$739
Loan amount$116,898
Down payment$29,225
Rate6.50%
Term30 years
-Operating costs-$461
Property taxes-$146
Insurance-$175
Utilities$0
HOA$0
Management-$140
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,624(77.4% ROI)
Projected value
$157,358
Return breakdown
Property appreciation+$11,235
Loan principal paid down+$4,188
Rental cash flow+$7,200
5-year hold
+$38,670(132.3% ROI)
Projected value
$165,325
Return breakdown
Property appreciation+$19,202
Loan principal paid down+$7,469
Rental cash flow+$12,000
10-year hold
+$82,723(283.1% ROI)
Projected value
$187,050
Return breakdown
Property appreciation+$40,927
Loan principal paid down+$17,796
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
--
Mortgage rate
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ZIP 48054 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 48054 (East China, MI) is $1,400 a month. That is up 5.3% from $1,330 in FY 2026. East China 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, 48054 has the 5th-highest two-bedroom rent (county range $1,020–$1,520). The median county two-bedroom FMR in Michigan is $1,085, so ZIP 48054 is 29% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 48054
BedroomsFY 2027Change90–110% range
Studio$1,000+5.3%$900–$1,100
1BR$1,120+5.7%$1,008–$1,232
2BR$1,400+5.3%$1,260–$1,540
3BR$1,700+4.9%$1,530–$1,870
4BR$1,850+5.1%$1,665–$2,035

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 48054
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,000$1,120$1,400$1,700$1,850
FY 2026$950$1,060$1,330$1,620$1,760
FY 2025$900$990$1,250$1,530$1,660
FY 2024$770$860$1,100$1,360$1,470
FY 2023$710$800$1,020$1,270$1,370

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

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 48054
48032$1,160−17.1%
48039$1,120−20.0%
48040$1,200−14.3%
48041$1,100−21.4%
48049$1,320−5.7%
48054Current$1,400—
48059$1,200−14.3%
48060$1,230−12.1%
48061$1,270−9.3%
48063$1,480+5.7%
48064$1,020−27.1%
48074$1,410+0.7%

Questions about ZIP 48054 rents

How much will Section 8 pay for a two-bedroom in ZIP 48054?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,400, that basic range is $1,260 to $1,540 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 48054 in?

ZIP 48054 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 48054 for FY 2027?

The two-bedroom FMR rose 5.3%, from $1,330 in FY 2026 to $1,400 in FY 2027. Since FY 2023 it has risen 37.3%.

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 rentEast China, MI fair market rentMI statewide rentsWhat is SAFMR?Data sources