FY2027 Small Area FMR · East Lansing, MI

ZIP 48823 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 48823 (East Lansing, MI) is $1,540 a month, up 6.2% from FY2026. That is 16% above the Lansing-East Lansing, MI area-wide FMR of $1,323.

2-bedroom SAFMR$1,540per month ▲ 6.2%

Area-wide 2 BR FMR$1,323Lansing-East Lansing, MI

Rank in the area3rdof 58 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,386

2 BR Small Area FMR$1,540

110% of SAFMR$1,694

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

Studio$1,210▲ 9.0%

1 BR$1,230▲ 6.0%

2 BR$1,540▲ 6.2%

3 BR$1,960▲ 5.4%

4 BR$2,020▲ 5.2%

FY2027 FY2026

Where 48823 sits in the Lansing-East Lansing, MI area

Of the 58 ZIP codes HUD lists for the area, 48823 has the 3rd highest two-bedroom Small Area FMR. Lansing-East Lansing, 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 $1,323 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,540 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	$1,210	$1,089 – $1,331	$1,036	$1,110
1 bedroom	$1,230	$1,107 – $1,353	$1,054	$1,160
2 bedrooms	$1,540	$1,386 – $1,694	$1,323	$1,450
3 bedrooms	$1,960	$1,764 – $2,156	$1,685	$1,860
4 bedrooms	$2,020	$1,818 – $2,222	$1,739	$1,920

A household renting a two-bedroom home at the Small Area FMR of $1,540 needs about $61,600 a year to keep housing costs at 30% of income. The area median family income is $102,600 and the 80% low-income limit for four people is $82,100. ZIP code 48823 lies mainly in Ingham County and Clinton County. See the Lansing-East Lansing, MI metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
48825	East Lansing	2.7 mi	$1,540
48824	East Lansing	2.9 mi	$1,520
48912	Lansing	3.7 mi	$1,380
48840	Haslett	4.1 mi	$1,310
48808	Bath	4.5 mi	$1,520
48933	Lansing	5.3 mi	$1,170

Questions

What is the Fair Market Rent for ZIP code 48823?

HUD's FY2027 Small Area Fair Market Rents for 48823 are $1,210 (studio), $1,230 (1 BR), $1,540 (2 BR), $1,960 (3 BR) and $2,020 (4 BR) a month.

What is the Section 8 payment standard in 48823?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 48823 that range is $1,386 to $1,694 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 48823?

The FY2026 income limits of the Lansing-East Lansing, MI area apply: median family income $102,600, low-income (80%) limit $82,100 for a family of four.