FY2027 Small Area FMR · Palms, MI

ZIP 48465 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 48465 (Palms, MI) is $1,170 a month, up 4.5% from FY2026. That is 15% above the Sanilac County, MI area-wide FMR of $1,014.

2-bedroom SAFMR$1,170per month ▲ 4.5%

Area-wide 2 BR FMR$1,014Sanilac County, MI

Rank in the area2ndof 25 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,053

2 BR Small Area FMR$1,170

110% of SAFMR$1,287

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

Studio$830▲ 7.8%

1 BR$890▲ 4.7%

2 BR$1,170▲ 4.5%

3 BR$1,490▲ 3.5%

4 BR$1,540▲ 1.3%

FY2027 FY2026

Where 48465 sits in the Sanilac County, MI area

Of the 25 ZIP codes HUD lists for the area, 48465 has the 2nd highest two-bedroom Small Area FMR. Sanilac County, MI is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,170 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$830	$747 – $913	$723	$770
1 bedroom	$890	$801 – $979	$775	$850
2 bedrooms	$1,170	$1,053 – $1,287	$1,014	$1,120
3 bedrooms	$1,490	$1,341 – $1,639	$1,290	$1,440
4 bedrooms	$1,540	$1,386 – $1,694	$1,333	$1,520

A household renting a two-bedroom home at the Small Area FMR of $1,170 needs about $46,800 a year to keep housing costs at 30% of income. The area median family income is $77,800 and the 80% low-income limit for four people is $66,900. ZIP code 48465 lies mainly in Sanilac County. See the Sanilac County, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
48456	Minden City	4.9 mi	$1,070
48427	Deckerville	5.1 mi	$1,010
48434	Forestville	6.1 mi	$1,130
48470	Ruth	9.0 mi	$1,190
48419	Carsonville	12.1 mi	$1,060
48410	Argyle	12.4 mi	$1,110

Questions

What is the Fair Market Rent for ZIP code 48465?

HUD's FY2027 Small Area Fair Market Rents for 48465 are $830 (studio), $890 (1 BR), $1,170 (2 BR), $1,490 (3 BR) and $1,540 (4 BR) a month.

What is the Section 8 payment standard in 48465?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 48465 that range is $1,053 to $1,287 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 48465?

The FY2026 income limits of the Sanilac County, MI area apply: median family income $77,800, low-income (80%) limit $66,900 for a family of four.