FY2027 Small Area FMR · Almont, MI

ZIP 48003 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 48003 (Almont, MI) is $1,140 a month, down 8.1% from FY2026. That is 22% below the Detroit-Warren-Livonia, MI area-wide FMR of $1,459.

2-bedroom SAFMR$1,140per month ▼ 8.1%

Area-wide 2 BR FMR$1,459Detroit-Warren-Livonia, MI

Rank in the area225thof 250 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,026

2 BR Small Area FMR$1,140

110% of SAFMR$1,254

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$820▼ 7.9%

1 BR$910▼ 8.1%

2 BR$1,140▼ 8.1%

3 BR$1,390▼ 7.9%

4 BR$1,510▼ 7.9%

FY2027 FY2026

Where 48003 sits in the Detroit-Warren-Livonia, MI area

Of the 250 ZIP codes HUD lists for the area, 48003 has the 225th highest two-bedroom Small Area FMR. Detroit-Warren-Livonia, MI is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,026 and $1,254 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$820	$738 – $902	$1,047	$890
1 bedroom	$910	$819 – $1,001	$1,167	$990
2 bedrooms	$1,140	$1,026 – $1,254	$1,459	$1,240
3 bedrooms	$1,390	$1,251 – $1,529	$1,777	$1,510
4 bedrooms	$1,510	$1,359 – $1,661	$1,929	$1,640

A household renting a two-bedroom home at the Small Area FMR of $1,140 needs about $45,600 a year to keep housing costs at 30% of income. The area median family income is $104,800 and the 80% low-income limit for four people is $83,850. ZIP code 48003 lies mainly in Lapeer County. See the Detroit-Warren-Livonia, MI metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
48428	Dryden	5.8 mi	$1,390
48065	Romeo	5.9 mi	$1,350
48002	Allenton	6.3 mi	$1,300
48367	Leonard	8.1 mi	$1,370
48005	Armada	8.2 mi	$1,320
48014	Capac	8.6 mi	$1,020

Questions

What is the Fair Market Rent for ZIP code 48003?

HUD's FY2027 Small Area Fair Market Rents for 48003 are $820 (studio), $910 (1 BR), $1,140 (2 BR), $1,390 (3 BR) and $1,510 (4 BR) a month.

What is the Section 8 payment standard in 48003?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 48003 that range is $1,026 to $1,254 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 48003?

The FY2026 income limits of the Detroit-Warren-Livonia, MI area apply: median family income $104,800, low-income (80%) limit $83,850 for a family of four.