ZIP 49073 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 49073 in the Barry County, MI FMR area.

Barry County, MI

$910Efficiency
$9201 bedroom
$1,2102 bedrooms
$1,5703 bedrooms
$1,8204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$910$819$1,001$1,034
1 bedroom$920$828$1,012$1,041
2 bedrooms$1,210$1,089$1,331$1,362
3 bedrooms$1,570$1,413$1,727$1,704
4 bedrooms$1,820$1,638$2,002$2,061

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Lansing-East Lansing, MI MSA

$910Efficiency
$9201 bedroom
$1,2102 bedrooms
$1,5703 bedrooms
$1,8204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$910$819$1,001$1,036
1 bedroom$920$828$1,012$1,054
2 bedrooms$1,210$1,089$1,331$1,323
3 bedrooms$1,570$1,413$1,727$1,685
4 bedrooms$1,820$1,638$2,002$1,739

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 49073

$56,000average adjusted gross income per tax return (2022)
$38,629average salaries and wages per return
2,130tax returns filed
26%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00031.9%
$25,000 to $50,00025.4%
$50,000 to $75,00016.9%
$75,000 to $100,00010.3%
$100,000 to $200,00014.1%
$200,000 or more1.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 17.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 49073?

HUD's FY2027 Small Area FMRs for ZIP 49073 (Barry County, MI) are $910 efficiency, $920 one bedroom, $1,210 two bedrooms, $1,570 three and $1,820 four bedrooms.

What payment standard can a housing authority set in ZIP 49073?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,089 to $1,331.

How affordable is rent in ZIP 49073?

Tax returns filed from ZIP 49073 reported an average adjusted gross income of $56,000 (2022). A two-bedroom unit at the Small Area FMR costs $14,520 a year, or 26% of that income.