FY2027 Small Area FMR · Long Lake, MI

ZIP 48743 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 48743 (Long Lake, MI) is $1,140 a month, up 15.2% from FY2026. That is 12% above the Iosco County, MI area-wide FMR of $1,014.

2-bedroom SAFMR$1,140per month ▲ 15.2%

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

Rank in the area3rdof 13 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$960▲ 18.5%

1 BR$1,010▲ 20.2%

2 BR$1,140▲ 15.2%

3 BR$1,530▲ 14.2%

4 BR$1,820▲ 13.8%

FY2027 FY2026

Where 48743 sits in the Iosco County, MI area

Of the 13 ZIP codes HUD lists for the area, 48743 has the 3rd highest two-bedroom Small Area FMR. Iosco 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 $1,140 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	$960	$864 – $1,056	$894	$810
1 bedroom	$1,010	$909 – $1,111	$916	$840
2 bedrooms	$1,140	$1,026 – $1,254	$1,014	$990
3 bedrooms	$1,530	$1,377 – $1,683	$1,404	$1,340
4 bedrooms	$1,820	$1,638 – $2,002	$1,695	$1,600

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 $69,800 and the 80% low-income limit for four people is $66,900. ZIP code 48743 lies mainly in Iosco County. See the Iosco County, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
48739	Hale	5.0 mi	$1,140
48761	South Branch	5.0 mi	$1,060
48635	Lupton	7.5 mi	$1,050
48737	Glennie	11.4 mi	$1,060
48770	Whittemore	13.3 mi	$1,010
48654	Rose City	13.6 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 48743?

HUD's FY2027 Small Area Fair Market Rents for 48743 are $960 (studio), $1,010 (1 BR), $1,140 (2 BR), $1,530 (3 BR) and $1,820 (4 BR) a month.

What is the Section 8 payment standard in 48743?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 48743 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 48743?

The FY2026 income limits of the Iosco County, MI area apply: median family income $69,800, low-income (80%) limit $66,900 for a family of four.