FY2027 Small Area FMR · Lacota, MI

ZIP 49063 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49063 (Lacota, MI) is $1,040 a month, up 2.0% from FY2026. That is 0% equal to the Van Buren County, MI area-wide FMR of $1,040.

2-bedroom SAFMR$1,040per month ▲ 2.0%

Area-wide 2 BR FMR$1,040Van Buren County, MI

Rank in the area19thof 24 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$720▼ 1.4%

1 BR$800▲ 2.6%

2 BR$1,040▲ 2.0%

3 BR$1,370▲ 3.0%

4 BR$1,420▲ 0.7%

FY2027 FY2026

Where 49063 sits in the Van Buren County, MI area

Of the 24 ZIP codes HUD lists for the area, 49063 has the 19th highest two-bedroom Small Area FMR. Van Buren 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 $1,040 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 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	$720	$648 – $792	$724	$730
1 bedroom	$800	$720 – $880	$795	$780
2 bedrooms	$1,040	$936 – $1,144	$1,040	$1,020
3 bedrooms	$1,370	$1,233 – $1,507	$1,370	$1,330
4 bedrooms	$1,420	$1,278 – $1,562	$1,425	$1,410

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $94,400 and the 80% low-income limit for four people is $75,500. ZIP code 49063 lies mainly in Van Buren County. See the Van Buren County, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
49056	Grand Junction	3.9 mi	$1,230
49090	South Haven	4.3 mi	$1,150
49027	Breedsville	5.4 mi	$1,050
49450	Pullman	5.5 mi	$1,410
49013	Bangor	7.5 mi	$1,130
49026	Bloomingdale	8.9 mi	$1,150

Questions

What is the Fair Market Rent for ZIP code 49063?

HUD's FY2027 Small Area Fair Market Rents for 49063 are $720 (studio), $800 (1 BR), $1,040 (2 BR), $1,370 (3 BR) and $1,420 (4 BR) a month.

What is the Section 8 payment standard in 49063?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49063 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 49063?

The FY2026 income limits of the Van Buren County, MI area apply: median family income $94,400, low-income (80%) limit $75,500 for a family of four.