FY2027 Small Area FMR · Fife Lake, MI
ZIP 49633 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49633 (Fife Lake, MI) is $1,370 a month, up 8.7% from FY2026. That is 5% below the Grand Traverse County, MI area-wide FMR of $1,436.
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 49633 sits in the Grand Traverse County, MI area
Of the 13 ZIP codes HUD lists for the area, 49633 has the 8th highest two-bedroom Small Area FMR. Grand Traverse 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 $1,436 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,370 for this ZIP code instead.
ZIP code 49633 crosses more than one HUD area. HUD also lists it under Kalkaska County, MI (same figures), Missaukee County, MI (same figures) and Wexford County, MI (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,100 | $990 – $1,210 | $1,181 | $970 |
| 1 bedroom | $1,110 | $999 – $1,221 | $1,188 | $1,010 |
| 2 bedrooms | $1,370 | $1,233 – $1,507 | $1,436 | $1,260 |
| 3 bedrooms | $1,860 | $1,674 – $2,046 | $1,883 | $1,650 |
| 4 bedrooms | $1,900 | $1,710 – $2,090 | $1,928 | $1,670 |
A household renting a two-bedroom home at the Small Area FMR of $1,370 needs about $54,800 a year to keep housing costs at 30% of income. The area median family income is $113,900 and the 80% low-income limit for four people is $91,100. ZIP code 49633 lies mainly in Kalkaska County, Grand Traverse County and Wexford County. See the Grand Traverse County, 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 49633?
HUD's FY2027 Small Area Fair Market Rents for 49633 are $1,100 (studio), $1,110 (1 BR), $1,370 (2 BR), $1,860 (3 BR) and $1,900 (4 BR) a month.
What is the Section 8 payment standard in 49633?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49633 that range is $1,233 to $1,507 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 49633?
The FY2026 income limits of the Grand Traverse County, MI area apply: median family income $113,900, low-income (80%) limit $91,100 for a family of four.