FMR is below market; voucher rent may lag private rents.
0.61
1 BR
1 BR
0.79ratio
FMR$1,190
Market$1,510
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR
0.86ratio
FMR$1,440
Market$1,670
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR
0.96ratio
FMR$1,890
Market$1,970
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR
0.82ratio
FMR$1,930
Market$2,350
vs market-$420
FMR is below market; voucher rent may lag private rents.
0.82
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 49610 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 49610 (Acme, MI) is $1,440 a month. That is up 5.9% from $1,360 in FY 2026. Acme is in the Grand Traverse County, 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 $1,436. Among 13 ZIP codes in Grand Traverse County, 49610 is tied for the 5th-highest two-bedroom rent (county range $1,230–$1,600). The median county two-bedroom FMR in Michigan is $1,085, so ZIP 49610 is 33% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 49610
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,140
$1,180
+3.5%
$1,062–$1,298
1BR
$1,150
$1,190
+3.5%
$1,071–$1,309
2BR
$1,360
$1,440
+5.9%
$1,296–$1,584
3BR
$1,750
$1,890
+8.0%
$1,701–$2,079
4BR
$1,800
$1,930
+7.2%
$1,737–$2,123
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 49610
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,180
$1,190
$1,440
$1,890
$1,930
FY 2026
$1,140
$1,150
$1,360
$1,750
$1,800
FY 2025
$1,040
$1,050
$1,250
$1,540
$1,660
FY 2024area FMR
$1,044
$1,061
$1,232
$1,490
$1,641
FY 2023area FMR
$750
$914
$1,085
$1,321
$1,458
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Grand Traverse County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 49610?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,436, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,292 to $1,580 a month; under the ZIP-level Small Area FMR of $1,440 it would be $1,296 to $1,584. 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 49610 in?
ZIP 49610 is in the Grand Traverse County, MI HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,436.
How much did fair market rent change in ZIP 49610 for FY 2027?
The two-bedroom FMR rose 5.9%, from $1,360 in FY 2026 to $1,440 in FY 2027. Since FY 2025 it has risen 15.2%.
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