FY2027 Small Area FMR · Edenville, MI

ZIP 48620 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 48620 (Edenville, MI) is $1,340 a month, up 5.5% from FY2026. That is 11% above the Midland, MI area-wide FMR of $1,205.

2-bedroom SAFMR$1,340per month ▲ 5.5%

Area-wide 2 BR FMR$1,205Midland, MI

Rank in the area4thof 18 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,206

2 BR Small Area FMR$1,340

110% of SAFMR$1,474

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

Studio$1,000▲ 7.5%

1 BR$1,030▲ 5.1%

2 BR$1,340▲ 5.5%

3 BR$1,740▲ 3.6%

4 BR$2,020▲ 5.2%

FY2027 FY2026

Where 48620 sits in the Midland, MI area

Of the 18 ZIP codes HUD lists for the area, 48620 has the 4th highest two-bedroom Small Area FMR. Midland, 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 $1,205 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,340 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	$1,000	$900 – $1,100	$920	$930
1 bedroom	$1,030	$927 – $1,133	$936	$980
2 bedrooms	$1,340	$1,206 – $1,474	$1,205	$1,270
3 bedrooms	$1,740	$1,566 – $1,914	$1,498	$1,680
4 bedrooms	$2,020	$1,818 – $2,222	$1,790	$1,920

A household renting a two-bedroom home at the Small Area FMR of $1,340 needs about $53,600 a year to keep housing costs at 30% of income. The area median family income is $107,200 and the 80% low-income limit for four people is $85,750. ZIP code 48620 lies mainly in Midland County. See the Midland, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
48628	Hope	2.7 mi	$1,550
48657	Sanford	5.2 mi	$1,150
48612	Beaverton	7.8 mi	$1,090
48642	Midland	8.5 mi	$1,360
48618	Coleman	9.2 mi	$1,080
48652	Rhodes	10.8 mi	$1,210

Questions

What is the Fair Market Rent for ZIP code 48620?

HUD's FY2027 Small Area Fair Market Rents for 48620 are $1,000 (studio), $1,030 (1 BR), $1,340 (2 BR), $1,740 (3 BR) and $2,020 (4 BR) a month.

What is the Section 8 payment standard in 48620?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 48620 that range is $1,206 to $1,474 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 48620?

The FY2026 income limits of the Midland, MI area apply: median family income $107,200, low-income (80%) limit $85,750 for a family of four.