48933
ZIPSAFMR
Ingham County, MI
BRFMR
Eff. Rent
0 BR$850$850
1 BR$890$890
2 BR$1,110$1,110
3 BR$1,420$1,380
4 BR$1,470$1,460
5 BR$1,690
6 BR$1,944
7 BR$2,236
8 BR$2,571

Market Alignment

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

Studio
Studio
0.92ratio
FMR$850
Market$920
vs market-$70

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

0.92
1 BR
1 BR
0.86ratio
FMR$890
Market$1,030
vs market-$140

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

0.86
2 BR
2 BR
0.93ratio
FMR$1,110
Market$1,200
vs market-$90

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

0.93
3 BR
3 BR
1.03ratio
FMR$1,420
Market$1,380
vs market+$40

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

1.03
4 BR
4 BR
1.01ratio
FMR$1,470
Market$1,460
vs market+$10

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

1.01
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit 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
$103,029
Rent
$1,110
Down payment
$20,606
Loan
$82,423
Mortgage
$521
Expenses
$389
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 48933 (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.