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
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Mortgage rate
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ZIP 49020 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 49020 (Bedford, MI) is $1,233 a month. That is up 4.8% from $1,176 in FY 2026. Bedford is in the Battle Creek, MI MSA. The median county two-bedroom FMR in Michigan is $1,085, so ZIP 49020 is 14% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 49020
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$833
$863
+3.6%
$777–$949
1BR
$976
$1,032
+5.7%
$929–$1,135
2BR
$1,176
$1,233
+4.8%
$1,110–$1,356
3BR
$1,410
$1,469
+4.2%
$1,322–$1,616
4BR
$1,565
$1,653
+5.6%
$1,488–$1,818
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 49020
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$863
$1,032
$1,233
$1,469
$1,653
FY 2026
$833
$976
$1,176
$1,410
$1,565
FY 2025
$777
$899
$1,090
$1,313
$1,491
FY 2024
$745
$854
$1,038
$1,291
$1,488
FY 2023
$697
$779
$958
$1,224
$1,397
Questions about ZIP 49020 rents
How much will Section 8 pay for a two-bedroom in ZIP 49020?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,233, that basic range is $1,110 to $1,356 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 49020 in?
ZIP 49020 is in the Battle Creek, MI MSA. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 49020 for FY 2027?
The two-bedroom FMR rose 4.8%, from $1,176 in FY 2026 to $1,233 in FY 2027. Since FY 2023 it has risen 28.7%.
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 Fair Market Rents. 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