FY2027 Small Area FMR · Corunna, MI

ZIP 48817 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 48817 (Corunna, MI) is $1,150 a month, down 1.7% from FY2026. That is 6% above the Shiawassee County, MI area-wide FMR of $1,085.

2-bedroom SAFMR$1,150per month ▼ 1.7%

Area-wide 2 BR FMR$1,085Shiawassee County, MI

Rank in the area9thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,035

2 BR Small Area FMR$1,150

110% of SAFMR$1,265

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

Studio$850▼ 1.2%

1 BR$880▼ 1.1%

2 BR$1,150▼ 1.7%

3 BR$1,540▼ 1.9%

4 BR$1,740▲ 1.2%

FY2027 FY2026

Where 48817 sits in the Shiawassee County, MI area

Of the 21 ZIP codes HUD lists for the area, 48817 has the 9th highest two-bedroom Small Area FMR. Shiawassee 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 $1,085 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,150 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	$850	$765 – $935	$798	$860
1 bedroom	$880	$792 – $968	$829	$890
2 bedrooms	$1,150	$1,035 – $1,265	$1,085	$1,170
3 bedrooms	$1,540	$1,386 – $1,694	$1,457	$1,570
4 bedrooms	$1,740	$1,566 – $1,914	$1,644	$1,720

A household renting a two-bedroom home at the Small Area FMR of $1,150 needs about $46,000 a year to keep housing costs at 30% of income. The area median family income is $87,600 and the 80% low-income limit for four people is $70,100. ZIP code 48817 lies mainly in Shiawassee County. See the Shiawassee County, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
48449	Lennon	5.2 mi	$1,280
48476	Vernon	5.2 mi	$1,010
48867	Owosso	7.4 mi	$1,040
48429	Durand	7.9 mi	$1,010
48460	New Lothrop	8.6 mi	$1,010
48433	Flushing	9.8 mi	$1,190

Questions

What is the Fair Market Rent for ZIP code 48817?

HUD's FY2027 Small Area Fair Market Rents for 48817 are $850 (studio), $880 (1 BR), $1,150 (2 BR), $1,540 (3 BR) and $1,740 (4 BR) a month.

What is the Section 8 payment standard in 48817?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 48817 that range is $1,035 to $1,265 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 48817?

The FY2026 income limits of the Shiawassee County, MI area apply: median family income $87,600, low-income (80%) limit $70,100 for a family of four.