FY2027 Small Area FMR · Pewamo, MI

ZIP 48873 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 48873 (Pewamo, MI) is $1,150 a month, up 8.5% from FY2026. That is 7% below the Ionia County, MI area-wide FMR of $1,238.

2-bedroom SAFMR$1,150per month ▲ 8.5%

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

Rank in the area16thof 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$880▲ 11.4%

1 BR$920▲ 12.2%

2 BR$1,150▲ 8.5%

3 BR$1,470▲ 11.4%

4 BR$1,740▲ 8.8%

FY2027 FY2026

Where 48873 sits in the Ionia County, MI area

Of the 21 ZIP codes HUD lists for the area, 48873 has the 16th 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 $1,150 for this ZIP code instead.

ZIP code 48873 crosses more than one HUD area. HUD also lists it under Lansing-East Lansing, MI (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$880	$792 – $968	$862	$790
1 bedroom	$920	$828 – $1,012	$946	$820
2 bedrooms	$1,150	$1,035 – $1,265	$1,238	$1,060
3 bedrooms	$1,470	$1,323 – $1,617	$1,579	$1,320
4 bedrooms	$1,740	$1,566 – $1,914	$1,930	$1,600

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 $98,700 and the 80% low-income limit for four people is $73,300. ZIP code 48873 lies mainly in Ionia County and Clinton 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
48835	Fowler	5.2 mi	$1,150
48860	Muir	5.5 mi	$1,150
48851	Lyons	5.6 mi	$1,400
48894	Westphalia	6.0 mi	$1,150
48845	Hubbardston	7.3 mi	$1,150
48870	Palo	10.6 mi	$1,260

Questions

What is the Fair Market Rent for ZIP code 48873?

HUD's FY2027 Small Area Fair Market Rents for 48873 are $880 (studio), $920 (1 BR), $1,150 (2 BR), $1,470 (3 BR) and $1,740 (4 BR) a month.

What is the Section 8 payment standard in 48873?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 48873 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 48873?

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.