48302
ZIPSAFMR
Oakland County, MI
BRFMR
Eff. Rent
0 BR$1,470$1,440
1 BR$1,640$1,390
2 BR$2,060$1,690
3 BR$2,520$2,520
4 BR$2,730$2,730
5 BR$3,139
6 BR$3,610
7 BR$4,152
8 BR$4,775

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.02ratio
FMR$1,470
Market$1,440
vs market+$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.02
1 BR
1 BR
1.18ratio
FMR$1,640
Market$1,390
vs market+$250

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.18
2 BR
2 BR
1.22ratio
FMR$2,060
Market$1,690
vs market+$370

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.22
3 BR
3 BR
0.87ratio
FMR$2,520
Market$2,900
vs market-$380

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.87
4 BR
4 BR
0.77ratio
FMR$2,730
Market$3,540
vs market-$810

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.77
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$244,199
Rent
$2,060
Down payment
$48,840
Loan
$195,359
Mortgage
$1,235
Expenses
$625
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 48302 (MI) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.