FY2027 Small Area FMR · Osseo, MI

ZIP 49266 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49266 (Osseo, MI) is $1,130 a month, up 14.1% from FY2026. That is 11% above the Hillsdale County, MI area-wide FMR of $1,022.

2-bedroom SAFMR$1,130per month ▲ 14.1%

Area-wide 2 BR FMR$1,022Hillsdale County, MI

Rank in the area8thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

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

Studio$790▲ 16.2%

1 BR$860▲ 14.7%

2 BR$1,130▲ 14.1%

3 BR$1,410▲ 13.7%

4 BR$1,490▲ 13.7%

FY2027 FY2026

Where 49266 sits in the Hillsdale County, MI area

Of the 22 ZIP codes HUD lists for the area, 49266 has the 8th highest two-bedroom Small Area FMR. Hillsdale 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 $1,022 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,130 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	$790	$711 – $869	$712	$680
1 bedroom	$860	$774 – $946	$781	$750
2 bedrooms	$1,130	$1,017 – $1,243	$1,022	$990
3 bedrooms	$1,410	$1,269 – $1,551	$1,274	$1,240
4 bedrooms	$1,490	$1,341 – $1,639	$1,343	$1,310

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 a year to keep housing costs at 30% of income. The area median family income is $81,300 and the 80% low-income limit for four people is $66,900. ZIP code 49266 lies mainly in Hillsdale County. See the Hillsdale County, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
49271	Pittsford	4.9 mi	$1,110
49242	Hillsdale	5.1 mi	$1,010
49232	Camden	9.2 mi	$1,040
49262	North Adams	9.5 mi	$1,170
49288	Waldron	9.5 mi	$1,230
49247	Hudson	10.7 mi	$1,100

Questions

What is the Fair Market Rent for ZIP code 49266?

HUD's FY2027 Small Area Fair Market Rents for 49266 are $790 (studio), $860 (1 BR), $1,130 (2 BR), $1,410 (3 BR) and $1,490 (4 BR) a month.

What is the Section 8 payment standard in 49266?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49266 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 49266?

The FY2026 income limits of the Hillsdale County, MI area apply: median family income $81,300, low-income (80%) limit $66,900 for a family of four.