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Mecosta County/Blanchard/49310

49310

ZIPSAFMR
Mecosta County, MI
Zillow

ZIP Investment Score

95Above average

095130300
BRFMR
Eff. Rent
0 BR$1,020$1,020
1 BR$1,070$1,070
2 BR$1,290$1,290
3 BR$1,650$1,650
4 BR$1,820$1,820
5 BR$2,093Not available
6 BR$2,407Not available
7 BR$2,768Not available
8 BR$3,183Not available

Purchase Price Calculator

Maximum purchase price
$129,777

Cost breakdown

+Likely effective rent$1,290
HUD FMRUsed$1,290
Market rentN/A
Est. payment standardN/A
-Principal and interest-$656
Loan amount$103,822
Down payment$25,955
Rate6.50%
Term30 years
-Operating costs-$434
Property taxes-$130
Insurance-$175
Utilities$0
HOA$0
Management-$129
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,898(80.5% ROI)
Projected value
$139,756
Return breakdown
Property appreciation+$9,979
Loan principal paid down+$3,720
Rental cash flow+$7,200
5-year hold
+$35,687(137.5% ROI)
Projected value
$146,831
Return breakdown
Property appreciation+$17,054
Loan principal paid down+$6,633
Rental cash flow+$12,000
10-year hold
+$76,154(293.4% ROI)
Projected value
$166,126
Return breakdown
Property appreciation+$36,349
Loan principal paid down+$15,806
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

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
--
Mortgage rate
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ZIP 49310 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 49310 (Blanchard, MI) is $1,290 a month. That is up 6.6% from $1,210 in FY 2026. Blanchard is in the Mecosta County, MI non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,063. Among 18 ZIP codes in Mecosta County, 49310 is tied for the 2nd-highest two-bedroom rent (county range $1,010–$1,490). The median county two-bedroom FMR in Michigan is $1,085, so ZIP 49310 is 19% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 49310
BedroomsFY 2027Change90–110% range
Studio$1,020+4.1%$918–$1,122
1BR$1,070+4.9%$963–$1,177
2BR$1,290+6.6%$1,161–$1,419
3BR$1,650+5.1%$1,485–$1,815
4BR$1,820+11.0%$1,638–$2,002

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 49310
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,020$1,070$1,290$1,650$1,820
FY 2026$980$1,020$1,210$1,570$1,640
FY 2025$760$800$930$1,220$1,260
FY 2024$670$760$930$1,150$1,270
FY 2023$620$680$830$1,020$1,230

Two-bedroom rent in nearby Mecosta County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 49310
49305$1,010−21.7%
49307$1,080−16.3%
49310Current$1,290—
49320$1,010−21.7%
49329$1,220−5.4%
49332$1,030−20.2%
49336$1,100−14.7%
49337$1,170−9.3%
49338$1,160−10.1%
49340$1,010−21.7%
49342$1,070−17.1%
49346$1,010−21.7%

Questions about ZIP 49310 rents

How much will Section 8 pay for a two-bedroom in ZIP 49310?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,063, which applies unless the housing authority uses Small Area FMRs, that basic range is $957 to $1,169 a month; under the ZIP-level Small Area FMR of $1,290 it would be $1,161 to $1,419. 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 49310 in?

ZIP 49310 is in the Mecosta County, MI non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,063.

How much did fair market rent change in ZIP 49310 for FY 2027?

The two-bedroom FMR rose 6.6%, from $1,210 in FY 2026 to $1,290 in FY 2027. Since FY 2023 it has risen 55.4%.

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 Small Area Fair Market Rents and area FMRs. 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

County fair market rentBlanchard, MI fair market rentMI statewide rentsWhat is SAFMR?Data sources