ZIP 49023 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 49023 in the Niles, MI MSA FMR area.
$800Efficiency
$8901 bedroom
$1,1502 bedrooms
$1,5103 bedrooms
$1,5104 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $800 | $720 | $880 | $802 |
| 1 bedroom | $890 | $801 | $979 | $887 |
| 2 bedrooms | $1,150 | $1,035 | $1,265 | $1,152 |
| 3 bedrooms | $1,510 | $1,359 | $1,661 | $1,512 |
| 4 bedrooms | $1,510 | $1,359 | $1,661 | $1,514 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 49023?
HUD's FY2027 Small Area FMRs for ZIP 49023 (Niles, MI MSA) are $800 efficiency, $890 one bedroom, $1,150 two bedrooms, $1,510 three and $1,510 four bedrooms.
What payment standard can a housing authority set in ZIP 49023?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,035 to $1,265.