FY2027 Small Area FMR · Shelby, MI

ZIP 49455 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49455 (Shelby, MI) is $1,010 a month, up 4.1% from FY2026. That is 0% equal to the Oceana County, MI area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 4.1%

Area-wide 2 BR FMR$1,014Oceana County, MI

Rank in the area10thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$720▲ 4.3%

1 BR$780▲ 5.4%

2 BR$1,010▲ 4.1%

3 BR$1,220▲ 1.7%

4 BR$1,610▲ 3.9%

FY2027 FY2026

Where 49455 sits in the Oceana County, MI area

Of the 12 ZIP codes HUD lists for the area, 49455 has the 10th highest two-bedroom Small Area FMR. Oceana 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 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	$720	$648 – $792	$723	$690
1 bedroom	$780	$702 – $858	$775	$740
2 bedrooms	$1,010	$909 – $1,111	$1,014	$970
3 bedrooms	$1,220	$1,098 – $1,342	$1,217	$1,200
4 bedrooms	$1,610	$1,449 – $1,771	$1,595	$1,550

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $78,100 and the 80% low-income limit for four people is $66,900. ZIP code 49455 lies mainly in Oceana County. See the Oceana County, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
49446	New Era	4.1 mi	$1,020
49436	Mears	6.4 mi	$1,230
49420	Hart	9.0 mi	$1,020
49452	Rothbury	9.3 mi	$1,070
49437	Montague	10.1 mi	$1,120
49449	Pentwater	12.7 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 49455?

HUD's FY2027 Small Area Fair Market Rents for 49455 are $720 (studio), $780 (1 BR), $1,010 (2 BR), $1,220 (3 BR) and $1,610 (4 BR) a month.

What is the Section 8 payment standard in 49455?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49455 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 49455?

The FY2026 income limits of the Oceana County, MI area apply: median family income $78,100, low-income (80%) limit $66,900 for a family of four.