FY2027 Small Area FMR · Irons, MI
ZIP 49644 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49644 (Irons, MI) is $1,060 a month, up 9.3% from FY2026. That is 1% below the Lake County, MI area-wide FMR of $1,069.
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 49644 sits in the Lake County, MI area
Of the 11 ZIP codes HUD lists for the area, 49644 has the 6th highest two-bedroom Small Area FMR. Lake 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 $1,069 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,060 for this ZIP code instead.
ZIP code 49644 crosses more than one HUD area. HUD also lists it under Manistee County, MI (same figures) and Mason 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 | $760 | $684 – $836 | $763 | $690 |
| 1 bedroom | $810 | $729 – $891 | $817 | $740 |
| 2 bedrooms | $1,060 | $954 – $1,166 | $1,069 | $970 |
| 3 bedrooms | $1,410 | $1,269 – $1,551 | $1,418 | $1,340 |
| 4 bedrooms | $1,750 | $1,575 – $1,925 | $1,775 | $1,630 |
A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 a year to keep housing costs at 30% of income. The area median family income is $62,600 and the 80% low-income limit for four people is $66,900. ZIP code 49644 lies mainly in Lake County, Mason County and Manistee County. See the Lake 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 49644?
HUD's FY2027 Small Area Fair Market Rents for 49644 are $760 (studio), $810 (1 BR), $1,060 (2 BR), $1,410 (3 BR) and $1,750 (4 BR) a month.
What is the Section 8 payment standard in 49644?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49644 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 49644?
The FY2026 income limits of the Lake County, MI area apply: median family income $62,600, low-income (80%) limit $66,900 for a family of four.