FY2027 Small Area FMR · Ferrysburg, MI
ZIP 49409 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49409 (Ferrysburg, MI) is $1,590 a month, up 6.0% from FY2026. That is 3% above the Holland-Grand Haven, MI area-wide FMR of $1,546.
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 49409 sits in the Holland-Grand Haven, MI area
Of the 28 ZIP codes HUD lists for the area, 49409 has the 9th highest two-bedroom Small Area FMR. Holland-Grand Haven, 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 $1,546 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,590 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,110 | $999 – $1,221 | $1,077 | $1,040 |
| 1 bedroom | $1,380 | $1,242 – $1,518 | $1,357 | $1,310 |
| 2 bedrooms | $1,590 | $1,431 – $1,749 | $1,546 | $1,500 |
| 3 bedrooms | $1,990 | $1,791 – $2,189 | $1,947 | $1,900 |
| 4 bedrooms | $2,350 | $2,115 – $2,585 | $2,306 | $2,220 |
A household renting a two-bedroom home at the Small Area FMR of $1,590 needs about $63,600 a year to keep housing costs at 30% of income. The area median family income is $113,700 and the 80% low-income limit for four people is $90,950. ZIP code 49409 lies mainly in Ottawa County. See the Holland-Grand Haven, 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 49409?
HUD's FY2027 Small Area Fair Market Rents for 49409 are $1,110 (studio), $1,380 (1 BR), $1,590 (2 BR), $1,990 (3 BR) and $2,350 (4 BR) a month.
What is the Section 8 payment standard in 49409?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49409 that range is $1,431 to $1,749 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 49409?
The FY2026 income limits of the Holland-Grand Haven, MI area apply: median family income $113,700, low-income (80%) limit $90,950 for a family of four.