48840
ZIPSAFMR
Shiawassee County, MI
BRFMR
Eff. Rent
0 BR$960$960
1 BR$1,000$1,000
2 BR$1,250$1,250
3 BR$1,610$1,610
4 BR$1,660$1,660
5 BR$1,909
6 BR$2,195
7 BR$2,525
8 BR$2,903

Market Alignment

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

Studio
Studio
0.67ratio
FMR$960
Market$1,430
vs market-$470

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

0.67
1 BR
1 BR
0.81ratio
FMR$1,000
Market$1,230
vs market-$230

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

0.81
2 BR
2 BR
0.77ratio
FMR$1,250
Market$1,630
vs market-$380

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

0.77
3 BR
3 BR
0.67ratio
FMR$1,610
Market$2,420
vs market-$810

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

0.67
4 BR
4 BR
0.57ratio
FMR$1,660
Market$2,910
vs market-$1,250

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

0.57
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$123,833
Rent
$1,250
Down payment
$24,767
Loan
$99,066
Mortgage
$626
Expenses
$424
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 48840 (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.

48840 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 48840 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,250 and the 4 bedroom fair market rent is $1,660.

Use this page for searches like 48840 FMR, 48840 fair market rent, and 48840 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 48840
Bedroom sizeHUD FMR
Studio$960
1 bedroom$1,000
2 bedroom$1,250
3 bedroom$1,610
4 bedroom$1,660