FY2027 Small Area FMR · Orleans, MI

ZIP 48865 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 48865 (Orleans, MI) is $1,090 a month, down 2.7% from FY2026. That is 12% below the Ionia County, MI area-wide FMR of $1,238.

2-bedroom SAFMR$1,090per month ▼ 2.7%

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

Rank in the area20thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$981

2 BR Small Area FMR$1,090

110% of SAFMR$1,199

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

Studio$760▼ 1.3%

1 BR$830▼ 2.4%

2 BR$1,090▼ 2.7%

3 BR$1,370■ 0.0%

4 BR$1,740▼ 2.8%

FY2027 FY2026

Where 48865 sits in the Ionia County, MI area

Of the 21 ZIP codes HUD lists for the area, 48865 has the 20th 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 $1,090 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	$760	$684 – $836	$862	$770
1 bedroom	$830	$747 – $913	$946	$850
2 bedrooms	$1,090	$981 – $1,199	$1,238	$1,120
3 bedrooms	$1,370	$1,233 – $1,507	$1,579	$1,370
4 bedrooms	$1,740	$1,566 – $1,914	$1,930	$1,790

A household renting a two-bedroom home at the Small Area FMR of $1,090 needs about $43,600 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 48865 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
48834	Fenwick	4.7 mi	$1,260
48870	Palo	6.2 mi	$1,260
48846	Ionia	7.6 mi	$1,190
48809	Belding	7.8 mi	$1,380
48884	Sheridan	8.7 mi	$1,210
48860	Muir	9.6 mi	$1,150

Questions

What is the Fair Market Rent for ZIP code 48865?

HUD's FY2027 Small Area Fair Market Rents for 48865 are $760 (studio), $830 (1 BR), $1,090 (2 BR), $1,370 (3 BR) and $1,740 (4 BR) a month.

What is the Section 8 payment standard in 48865?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 48865 that range is $981 to $1,199 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 48865?

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.