49440
ZIPSAFMR
Muskegon County, MI
BRFMR
Eff. Rent
0 BR$720$790
1 BR$800$880
2 BR$1,040$1,110
3 BR$1,270$1,400
4 BR$1,380$1,520
5 BR$1,587
6 BR$1,825
7 BR$2,099
8 BR$2,414

Purchase Price Calculator

Maximum purchase price
$103,029

Cost breakdown

+Likely effective rent$1,110
HUD FMR$1,040
Market rent$1,140
Est. payment standard (106%)Used$1,110
Estimated payment standard is $1,110 (106% of FMR).
-Principal and interest-$521
Loan amount$82,423
Down payment$20,606
Rate6.50%
Term30 years
-Operating costs-$389
Property taxes-$103
Insurance-$175
Utilities$0
HOA$0
Management-$111
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,075(87.7% ROI)
Projected value
$110,951
Current value$103,029
Return breakdown
Property appreciation+$7,922
Loan principal paid down+$2,953
Rental cash flow+$7,200
5-year hold
+$30,805(149.5% ROI)
Projected value
$116,568
Current value$103,029
Return breakdown
Property appreciation+$13,539
Loan principal paid down+$5,266
Rental cash flow+$12,000
10-year hold
+$65,405(317.4% ROI)
Projected value
$131,886
Current value$103,029
Return breakdown
Property appreciation+$28,857
Loan principal paid down+$12,548
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
0.77ratio
FMR$720
Market$930
vs market-$210

FMR is below market; voucher rent may lag private rents.

90% standard$648 / 0.70 ratio110% standard$792 / 0.85 ratio
0.77
1 BR
1 BR
0.70ratio
FMR$800
Market$1,150
vs market-$350

FMR is below market; voucher rent may lag private rents.

90% standard$720 / 0.63 ratio110% standard$880 / 0.77 ratio
0.70
2 BR
2 BR
0.91ratio
FMR$1,040
Market$1,140
vs market-$100

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

90% standard$936 / 0.82 ratio110% standard$1,144 / 1.00 ratio
0.91
3 BR
3 BR
0.69ratio
FMR$1,270
Market$1,830
vs market-$560

FMR is below market; voucher rent may lag private rents.

90% standard$1,143 / 0.62 ratio110% standard$1,397 / 0.76 ratio
0.69
4 BR
4 BR
0.78ratio
FMR$1,380
Market$1,770
vs market-$390

FMR is below market; voucher rent may lag private rents.

90% standard$1,242 / 0.70 ratio110% standard$1,518 / 0.86 ratio
0.78
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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 49440 (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.

49440 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 49440 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,040 and the 4 bedroom fair market rent is $1,380.

Use this page for searches like 49440 FMR, 49440 fair market rent, and 49440 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 49440
Bedroom sizeHUD FMR
Studio$720
1 bedroom$800
2 bedroom$1,040
3 bedroom$1,270
4 bedroom$1,380