FY2027 Small Area FMR · Homer, MI
ZIP 49245 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49245 (Homer, MI) is $1,160 a month, up 2.7% from FY2026. That is 6% below the Battle Creek, MI area-wide FMR of $1,233.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 49245 sits in the Battle Creek, MI area
Of the 23 ZIP codes HUD lists for the area, 49245 has the 13th highest two-bedroom Small Area FMR. Battle Creek, 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 $1,233 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,160 for this ZIP code instead.
ZIP code 49245 crosses more than one HUD area. HUD also lists it under Jackson, MI (same figures), Branch County, MI (same figures) and Hillsdale County, MI (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $810 | $729 – $891 | $863 | $800 |
| 1 bedroom | $970 | $873 – $1,067 | $1,032 | $940 |
| 2 bedrooms | $1,160 | $1,044 – $1,276 | $1,233 | $1,130 |
| 3 bedrooms | $1,390 | $1,251 – $1,529 | $1,469 | $1,350 |
| 4 bedrooms | $1,550 | $1,395 – $1,705 | $1,653 | $1,500 |
A household renting a two-bedroom home at the Small Area FMR of $1,160 needs about $46,400 a year to keep housing costs at 30% of income. The area median family income is $80,700 and the 80% low-income limit for four people is $66,900. ZIP code 49245 lies mainly in Calhoun County, Branch County and Jackson County. See the Battle Creek, MI county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 49245?
HUD's FY2027 Small Area Fair Market Rents for 49245 are $810 (studio), $970 (1 BR), $1,160 (2 BR), $1,390 (3 BR) and $1,550 (4 BR) a month.
What is the Section 8 payment standard in 49245?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49245 that range is $1,044 to $1,276 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 49245?
The FY2026 income limits of the Battle Creek, MI area apply: median family income $80,700, low-income (80%) limit $66,900 for a family of four.