FY2027 Small Area FMR · Jenison, MI

ZIP 49429 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49429 (Jenison, MI) is $1,550 a month, up 2.0% from FY2026. That is 0% equal to the Holland-Grand Haven, MI area-wide FMR of $1,546.

2-bedroom SAFMR$1,550per month ▲ 2.0%

Area-wide 2 BR FMR$1,546Holland-Grand Haven, MI

Rank in the area11thof 28 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,395

2 BR Small Area FMR$1,550

110% of SAFMR$1,705

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

Studio$1,080▲ 2.9%

1 BR$1,360▲ 2.3%

2 BR$1,550▲ 2.0%

3 BR$1,950▲ 1.0%

4 BR$2,310▲ 2.2%

FY2027 FY2026

Where 49429 sits in the Holland-Grand Haven, MI area

Of the 28 ZIP codes HUD lists for the area, 49429 has the 11th 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 $1,550 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	$1,080	$972 – $1,188	$1,077	$1,050
1 bedroom	$1,360	$1,224 – $1,496	$1,357	$1,330
2 bedrooms	$1,550	$1,395 – $1,705	$1,546	$1,520
3 bedrooms	$1,950	$1,755 – $2,145	$1,947	$1,930
4 bedrooms	$2,310	$2,079 – $2,541	$2,306	$2,260

A household renting a two-bedroom home at the Small Area FMR of $1,550 needs about $62,000 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 49429 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

ZIP	Place	Distance	2 BR SAFMR
49418	Grandville	2.3 mi	$1,670
49428	Jenison	2.5 mi	$1,620
49519	Wyoming	3.8 mi	$1,590
49534	Grand Rapids	4.0 mi	$1,600
49509	Wyoming	5.0 mi	$1,380
49426	Hudsonville	5.7 mi	$1,660

Questions

What is the Fair Market Rent for ZIP code 49429?

HUD's FY2027 Small Area Fair Market Rents for 49429 are $1,080 (studio), $1,360 (1 BR), $1,550 (2 BR), $1,950 (3 BR) and $2,310 (4 BR) a month.

What is the Section 8 payment standard in 49429?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49429 that range is $1,395 to $1,705 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 49429?

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.