FMR is below market; voucher rent may lag private rents.
0.66
1 BR
1 BR
1.05ratio
FMR$1,200
Market$1,140
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.05
2 BR
2 BR
1.00ratio
FMR$1,370
Market$1,370
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR
0.97ratio
FMR$1,740
Market$1,800
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.97
4 BR
4 BR
1.03ratio
FMR$2,040
Market$1,980
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.03
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 49430 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 49430 (Lamont, MI) is $1,370 a month. That is up 7.0% from $1,280 in FY 2026. Lamont is in the Holland-Grand Haven, MI HUD Metro 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 metro-wide two-bedroom FMR of $1,546. Among 28 ZIP codes in Ottawa County, 49430 is tied for the 24th-highest two-bedroom rent (county range $1,370–$1,790). The median county two-bedroom FMR in Michigan is $1,085, so ZIP 49430 is 26% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 49430
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$880
$950
+8.0%
$855–$1,045
1BR
$1,120
$1,200
+7.1%
$1,080–$1,320
2BR
$1,280
$1,370
+7.0%
$1,233–$1,507
3BR
$1,620
$1,740
+7.4%
$1,566–$1,914
4BR
$1,890
$2,040
+7.9%
$1,836–$2,244
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 49430
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$950
$1,200
$1,370
$1,740
$2,040
FY 2026
$880
$1,120
$1,280
$1,620
$1,890
FY 2025
$840
$1,010
$1,140
$1,500
$1,630
FY 2024
$930
$1,120
$1,260
$1,660
$1,780
FY 2023
$910
$1,020
$1,150
$1,530
$1,590
Two-bedroom rent in nearby Ottawa County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 49430?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,546, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,391 to $1,701 a month; under the ZIP-level Small Area FMR of $1,370 it would be $1,233 to $1,507. 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 49430 in?
ZIP 49430 is in the Holland-Grand Haven, MI HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,546.
How much did fair market rent change in ZIP 49430 for FY 2027?
The two-bedroom FMR rose 7.0%, from $1,280 in FY 2026 to $1,370 in FY 2027. Since FY 2023 it has risen 19.1%.
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