FY2027 Small Area FMR · Flint, MI

ZIP 48503 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 48503 (Flint, MI) is $1,060 a month, up 9.3% from FY2026. That is 6% below the Flint, MI area-wide FMR of $1,133.

2-bedroom SAFMR$1,060per month ▲ 9.3%

Area-wide 2 BR FMR$1,133Flint, MI

Rank in the area30thof 39 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$954

2 BR Small Area FMR$1,060

110% of SAFMR$1,166

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

Studio$740▲ 7.2%

1 BR$880▲ 8.6%

2 BR$1,060▲ 9.3%

3 BR$1,300▲ 8.3%

4 BR$1,510▲ 7.1%

FY2027 FY2026

Where 48503 sits in the Flint, MI area

Of the 39 ZIP codes HUD lists for the area, 48503 has the 30th highest two-bedroom Small Area FMR. Flint, 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 $1,133 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,060 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	$740	$666 – $814	$792	$690
1 bedroom	$880	$792 – $968	$939	$810
2 bedrooms	$1,060	$954 – $1,166	$1,133	$970
3 bedrooms	$1,300	$1,170 – $1,430	$1,391	$1,200
4 bedrooms	$1,510	$1,359 – $1,661	$1,613	$1,410

A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 a year to keep housing costs at 30% of income. The area median family income is $82,100 and the 80% low-income limit for four people is $66,900. ZIP code 48503 lies mainly in Genesee County. See the Flint, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
48502	Flint	1.4 mi	$1,090
48507	Flint	2.3 mi	$1,130
48529	Burton	3.3 mi	$1,200
48504	Flint	4.2 mi	$1,090
48532	Flint	4.4 mi	$1,080
48505	Flint	5.0 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 48503?

HUD's FY2027 Small Area Fair Market Rents for 48503 are $740 (studio), $880 (1 BR), $1,060 (2 BR), $1,300 (3 BR) and $1,510 (4 BR) a month.

What is the Section 8 payment standard in 48503?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 48503 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 48503?

The FY2026 income limits of the Flint, MI area apply: median family income $82,100, low-income (80%) limit $66,900 for a family of four.