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Oakland County/AUBURN HILLS/48326

48326

ZIPSAFMR
Oakland County, MI
Zillow
BRFMR
Eff. Rent
0 BR$1,170▲$1,200
1 BR$1,300▲$1,220
2 BR$1,640▲$1,440
3 BR$2,000▲$1,870
4 BR$2,170▲$2,390
5 BR$2,496▲—
6 BR$2,870▲—
7 BR$3,300▲—
8 BR$3,795▲—

Purchase Price Calculator

Maximum purchase price
$152,067

Cost breakdown

+Likely effective rent$1,440
HUD FMR$1,640
Market rentUsed$1,440
Est. payment standard (92%)$1,510
Market rent is below the inferred standard ($1,510, 92% of FMR).
-Principal and interest-$769
Loan amount$121,654
Down payment$30,413
Rate6.50%
Term30 years
-Operating costs-$471
Property taxes-$152
Insurance-$175
Utilities$0
HOA$0
Management-$144
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,251(76.5% ROI)
Projected value
$163,759
Current value$152,067
Return breakdown
Property appreciation+$11,693
Loan principal paid down+$4,359
Rental cash flow+$7,200
5-year hold
+$39,755(130.7% ROI)
Projected value
$172,050
Current value$152,067
Return breakdown
Property appreciation+$19,983
Loan principal paid down+$7,772
Rental cash flow+$12,000
10-year hold
+$85,112(279.9% ROI)
Projected value
$194,659
Current value$152,067
Return breakdown
Property appreciation+$42,592
Loan principal paid down+$18,520
Rental cash flow+$24,000

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.96ratio
FMR$1,170
Market$1,220
vs market-$50

FMR is near market; voucher and private rents are aligned.

90% standard$1,053 / 0.86 ratio110% standard$1,287 / 1.05 ratio
0.96
1 BR
1 BR
1.07ratio
FMR$1,300
Market$1,220
vs market+$80

FMR is near market; voucher and private rents are aligned.

90% standard$1,170 / 0.96 ratio110% standard$1,430 / 1.17 ratio
1.07
2 BR
2 BR
1.14ratio
FMR$1,640
Market$1,440
vs market+$200

FMR is above market; underwrite to market rent.

90% standard$1,476 / 1.02 ratio110% standard$1,804 / 1.25 ratio
1.14
3 BR
3 BR
1.07ratio
FMR$2,000
Market$1,870
vs market+$130

FMR is near market; voucher and private rents are aligned.

90% standard$1,800 / 0.96 ratio110% standard$2,200 / 1.18 ratio
1.07
4 BR
4 BR
0.61ratio
FMR$2,170
Market$3,570
vs market-$1,400

FMR is below market; voucher rent may lag private rents.

90% standard$1,953 / 0.55 ratio110% standard$2,387 / 0.67 ratio
0.61
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 48326 (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.

What is FMR?What is SAFMR?Data sourcesIncomplete geosView county page

48326 fair market rent benchmarks

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 48326 shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,640 and the 4 bedroom fair market rent is $2,170.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for 48326
Bedroom sizeHUD FMR
Studio$1,170
1 bedroom$1,300
2 bedroom$1,640
3 bedroom$2,000
4 bedroom$2,170
Oakland County fair market rentAUBURN HILLS, MI fair market rent