FY2027 Small Area FMR · Jackson, MI

ZIP 49203 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49203 (Jackson, MI) is $1,300 a month, up 3.2% from FY2026. That is 8% above the Jackson, MI area-wide FMR of $1,201.

2-bedroom SAFMR$1,300per month ▲ 3.2%

Area-wide 2 BR FMR$1,201Jackson, MI

Rank in the area12thof 31 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,170

2 BR Small Area FMR$1,300

110% of SAFMR$1,430

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

Studio$970▲ 6.6%

1 BR$1,060▲ 3.9%

2 BR$1,300▲ 3.2%

3 BR$1,710▲ 3.0%

4 BR$1,710▼ 2.8%

FY2027 FY2026

Where 49203 sits in the Jackson, MI area

Of the 31 ZIP codes HUD lists for the area, 49203 has the 12th highest two-bedroom Small Area FMR. Jackson, 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 $1,201 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,300 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	$970	$873 – $1,067	$896	$910
1 bedroom	$1,060	$954 – $1,166	$984	$1,020
2 bedrooms	$1,300	$1,170 – $1,430	$1,201	$1,260
3 bedrooms	$1,710	$1,539 – $1,881	$1,576	$1,660
4 bedrooms	$1,710	$1,539 – $1,881	$1,578	$1,760

A household renting a two-bedroom home at the Small Area FMR of $1,300 needs about $52,000 a year to keep housing costs at 30% of income. The area median family income is $101,200 and the 80% low-income limit for four people is $74,150. ZIP code 49203 lies mainly in Jackson County. See the Jackson, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
49202	Jackson	3.2 mi	$1,120
49254	Michigan Center	4.1 mi	$1,340
49201	Jackson	5.5 mi	$1,200
49234	Clarklake	6.7 mi	$1,450
49283	Spring Arbor	7.9 mi	$1,460
49246	Horton	8.8 mi	$1,110

Questions

What is the Fair Market Rent for ZIP code 49203?

HUD's FY2027 Small Area Fair Market Rents for 49203 are $970 (studio), $1,060 (1 BR), $1,300 (2 BR), $1,710 (3 BR) and $1,710 (4 BR) a month.

What is the Section 8 payment standard in 49203?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49203 that range is $1,170 to $1,430 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 49203?

The FY2026 income limits of the Jackson, MI area apply: median family income $101,200, low-income (80%) limit $74,150 for a family of four.