Income Limits by County

FY2027 Small Area FMR · Lansing, MI

ZIP 48908 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 48908 (Lansing, MI) is $1,310 a month, up 5.6% from FY2026. That is 1% below the Lansing-East Lansing, MI area-wide FMR of $1,323.

2-bedroom SAFMR$1,310per month ▲ 5.6%
Area-wide 2 BR FMR$1,323Lansing-East Lansing, MI
Rank in the area25thof 58 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,179
2 BR Small Area FMR$1,310
110% of SAFMR$1,441

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

FY2027 FY2026

Where 48908 sits in the Lansing-East Lansing, MI area

$1,150$1,710median $1,305

Of the 58 ZIP codes HUD lists for the area, 48908 has the 25th 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 $1,310 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,030$927 – $1,133$1,036$950
1 bedroom$1,040$936 – $1,144$1,054$990
2 bedrooms$1,310$1,179 – $1,441$1,323$1,240
3 bedrooms$1,670$1,503 – $1,837$1,685$1,590
4 bedrooms$1,720$1,548 – $1,892$1,739$1,640

A household renting a two-bedroom home at the Small Area FMR of $1,310 needs about $52,400 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 48908 lies mainly in Eaton County. See the Lansing-East Lansing, MI metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
48813Charlotte1.2 mi$1,170
48876Potterville6.4 mi$1,290
49096Vermontville9.9 mi$1,150
48821Dimondale10.2 mi$1,290
48861Mulliken10.4 mi$1,310
48827Eaton Rapids10.8 mi$1,250

Questions

What is the Fair Market Rent for ZIP code 48908?

HUD's FY2027 Small Area Fair Market Rents for 48908 are $1,030 (studio), $1,040 (1 BR), $1,310 (2 BR), $1,670 (3 BR) and $1,720 (4 BR) a month.

What is the Section 8 payment standard in 48908?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 48908 that range is $1,179 to $1,441 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 48908?

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.