ZIP 49102 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 49102 in the Niles, MI MSA FMR area.

Niles, MI MSA

$850Efficiency

$9401 bedroom

$1,2202 bedrooms

$1,6003 bedrooms

$1,6104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$850	$765	$935	$802
1 bedroom	$940	$846	$1,034	$887
2 bedrooms	$1,220	$1,098	$1,342	$1,152
3 bedrooms	$1,600	$1,440	$1,760	$1,512
4 bedrooms	$1,610	$1,449	$1,771	$1,514

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

Cass County, MI

$850Efficiency

$9401 bedroom

$1,2202 bedrooms

$1,6003 bedrooms

$1,6104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$850	$765	$935	$869
1 bedroom	$940	$846	$1,034	$974
2 bedrooms	$1,220	$1,098	$1,342	$1,095
3 bedrooms	$1,600	$1,440	$1,760	$1,393
4 bedrooms	$1,610	$1,449	$1,771	$1,830

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

Income in ZIP 49102

$69,225average adjusted gross income per tax return (2022)

$46,988average salaries and wages per return

600tax returns filed

21%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	30.0%
$25,000 to $50,000	20.0%
$50,000 to $75,000	16.7%
$75,000 to $100,000	11.7%
$100,000 to $200,000	18.3%
$200,000 or more	3.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 49102?

HUD's FY2027 Small Area FMRs for ZIP 49102 (Niles, MI MSA) are $850 efficiency, $940 one bedroom, $1,220 two bedrooms, $1,600 three and $1,610 four bedrooms.

What payment standard can a housing authority set in ZIP 49102?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,098 to $1,342.

How affordable is rent in ZIP 49102?

Tax returns filed from ZIP 49102 reported an average adjusted gross income of $69,225 (2022). A two-bedroom unit at the Small Area FMR costs $14,640 a year, or 21% of that income.