49301
ZIPSAFMR
Kent County, MI
BRFMR
Eff. Rent
0 BR$1,850$1,960
1 BR$1,920$2,020
2 BR$2,300$2,350
3 BR$2,970$2,410
4 BR$3,290$2,620
5 BR$3,783
6 BR$4,351
7 BR$5,004
8 BR$5,754

Purchase Price Calculator

Maximum purchase price
$287,293

Cost breakdown

+Likely effective rent$2,350
HUD FMR$2,300
Market rent$2,370
Est. payment standard (102%)Used$2,350
Estimated payment standard is $2,350 (102% of FMR).
-Principal and interest-$1,453
Loan amount$229,834
Down payment$57,459
Rate6.50%
Term30 years
-Operating costs-$697
Property taxes-$287
Insurance-$175
Utilities$0
HOA$0
Management-$235
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,525(65.3% ROI)
Projected value
$309,383
Current value$287,293
Return breakdown
Property appreciation+$22,090
Loan principal paid down+$8,234
Rental cash flow+$7,200
5-year hold
+$64,437(112.1% ROI)
Projected value
$325,045
Current value$287,293
Return breakdown
Property appreciation+$37,753
Loan principal paid down+$14,684
Rental cash flow+$12,000
10-year hold
+$139,456(242.7% ROI)
Projected value
$367,759
Current value$287,293
Return breakdown
Property appreciation+$80,466
Loan principal paid down+$34,990
Rental cash flow+$24,000

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Market Alignment

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

Studio
Studio
0.92ratio
FMR$1,850
Market$2,020
vs market-$170

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

90% standard$1,665 / 0.82 ratio110% standard$2,035 / 1.01 ratio
0.92
1 BR
1 BR
0.93ratio
FMR$1,920
Market$2,070
vs market-$150

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

90% standard$1,728 / 0.83 ratio110% standard$2,112 / 1.02 ratio
0.93
2 BR
2 BR
0.97ratio
FMR$2,300
Market$2,370
vs market-$70

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

90% standard$2,070 / 0.87 ratio110% standard$2,530 / 1.07 ratio
0.97
3 BR
3 BR
1.23ratio
FMR$2,970
Market$2,410
vs market+$560

FMR is above market; underwrite to market rent.

90% standard$2,673 / 1.11 ratio110% standard$3,267 / 1.36 ratio
1.23
4 BR
4 BR
1.26ratio
FMR$3,290
Market$2,620
vs market+$670

FMR is above market; underwrite to market rent.

90% standard$2,961 / 1.13 ratio110% standard$3,619 / 1.38 ratio
1.26
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

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 49301 (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.

49301 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 49301 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,300 and the 4 bedroom fair market rent is $3,290.

Use this page for searches like 49301 FMR, 49301 fair market rent, and 49301 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 49301
Bedroom sizeHUD FMR
Studio$1,850
1 bedroom$1,920
2 bedroom$2,300
3 bedroom$2,970
4 bedroom$3,290