FY2027 Small Area FMR · Alto, MI

ZIP 49302 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49302 (Alto, MI) is $1,470 a month, unchanged from FY2026. That is 10% below the Grand Rapids-Wyoming, MI area-wide FMR of $1,630.

2-bedroom SAFMR$1,470per month ■ 0.0%

Area-wide 2 BR FMR$1,630Grand Rapids-Wyoming, MI

Rank in the area33rdof 50 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,323

2 BR Small Area FMR$1,470

110% of SAFMR$1,617

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

Studio$1,180■ 0.0%

1 BR$1,230■ 0.0%

2 BR$1,470■ 0.0%

3 BR$1,910▲ 0.5%

4 BR$2,180▲ 3.8%

FY2027 FY2026

Where 49302 sits in the Grand Rapids-Wyoming, MI area

Of the 50 ZIP codes HUD lists for the area, 49302 has the 33rd highest two-bedroom Small Area FMR. Grand Rapids-Wyoming, 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 $1,630 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,470 for this ZIP code instead.

ZIP code 49302 crosses more than one HUD area. HUD also lists it under Ionia County, MI (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,180	$1,062 – $1,298	$1,306	$1,180
1 bedroom	$1,230	$1,107 – $1,353	$1,365	$1,230
2 bedrooms	$1,470	$1,323 – $1,617	$1,630	$1,470
3 bedrooms	$1,910	$1,719 – $2,101	$2,113	$1,900
4 bedrooms	$2,180	$1,962 – $2,398	$2,417	$2,100

A household renting a two-bedroom home at the Small Area FMR of $1,470 needs about $58,800 a year to keep housing costs at 30% of income. The area median family income is $106,600 and the 80% low-income limit for four people is $85,300. ZIP code 49302 lies mainly in Kent County and Ionia County. See the Grand Rapids-Wyoming, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
49325	Freeport	6.6 mi	$1,380
49512	Grand Rapids	7.2 mi	$1,630
48815	Clarksville	7.3 mi	$1,380
49316	Caledonia	7.8 mi	$1,810
49333	Middleville	9.0 mi	$1,560
49331	Lowell	9.2 mi	$1,640

Questions

What is the Fair Market Rent for ZIP code 49302?

HUD's FY2027 Small Area Fair Market Rents for 49302 are $1,180 (studio), $1,230 (1 BR), $1,470 (2 BR), $1,910 (3 BR) and $2,180 (4 BR) a month.

What is the Section 8 payment standard in 49302?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49302 that range is $1,323 to $1,617 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 49302?

The FY2026 income limits of the Grand Rapids-Wyoming, MI area apply: median family income $106,600, low-income (80%) limit $85,300 for a family of four.