FY2027 Small Area FMR · Ionia, MI

ZIP 48846 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 48846 (Ionia, MI) is $1,190 a month, up 2.6% from FY2026. That is 4% below the Ionia County, MI area-wide FMR of $1,238.

2-bedroom SAFMR$1,190per month ▲ 2.6%

Area-wide 2 BR FMR$1,238Ionia County, MI

Rank in the area15thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,071

2 BR Small Area FMR$1,190

110% of SAFMR$1,309

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

Studio$830▲ 3.8%

1 BR$910▲ 3.4%

2 BR$1,190▲ 2.6%

3 BR$1,520▲ 7.0%

4 BR$1,850■ 0.0%

FY2027 FY2026

Where 48846 sits in the Ionia County, MI area

Of the 21 ZIP codes HUD lists for the area, 48846 has the 15th highest two-bedroom Small Area FMR. Ionia 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 $1,238 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,190 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	$830	$747 – $913	$862	$800
1 bedroom	$910	$819 – $1,001	$946	$880
2 bedrooms	$1,190	$1,071 – $1,309	$1,238	$1,160
3 bedrooms	$1,520	$1,368 – $1,672	$1,579	$1,420
4 bedrooms	$1,850	$1,665 – $2,035	$1,930	$1,850

A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 a year to keep housing costs at 30% of income. The area median family income is $98,700 and the 80% low-income limit for four people is $73,300. ZIP code 48846 lies mainly in Ionia County. See the Ionia County, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
48851	Lyons	6.6 mi	$1,400
48865	Orleans	7.6 mi	$1,090
48881	Saranac	8.1 mi	$1,090
48860	Muir	8.3 mi	$1,150
48870	Palo	9.3 mi	$1,260
48834	Fenwick	10.2 mi	$1,260

Questions

What is the Fair Market Rent for ZIP code 48846?

HUD's FY2027 Small Area Fair Market Rents for 48846 are $830 (studio), $910 (1 BR), $1,190 (2 BR), $1,520 (3 BR) and $1,850 (4 BR) a month.

What is the Section 8 payment standard in 48846?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 48846 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 48846?

The FY2026 income limits of the Ionia County, MI area apply: median family income $98,700, low-income (80%) limit $73,300 for a family of four.