FY2027 Small Area FMR · Cross Village, MI
ZIP 49723 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49723 (Cross Village, MI) is $1,340 a month. That is 0% equal to the Emmet County, MI area-wide FMR of $1,336.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
Where 49723 sits in the Emmet County, MI area
Of the 13 ZIP codes HUD lists for the area, 49723 has the 3rd highest two-bedroom Small Area FMR. Emmet 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 $1,336 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,340 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,020 | $918 – $1,122 | $1,015 | — |
| 1 bedroom | $1,020 | $918 – $1,122 | $1,021 | — |
| 2 bedrooms | $1,340 | $1,206 – $1,474 | $1,336 | — |
| 3 bedrooms | $1,600 | $1,440 – $1,760 | $1,592 | — |
| 4 bedrooms | $1,760 | $1,584 – $1,936 | $1,756 | — |
A household renting a two-bedroom home at the Small Area FMR of $1,340 needs about $53,600 a year to keep housing costs at 30% of income. The area median family income is $101,700 and the 80% low-income limit for four people is $81,350. ZIP code 49723 lies mainly in Emmet County. See the Emmet 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 49723?
HUD's FY2027 Small Area Fair Market Rents for 49723 are $1,020 (studio), $1,020 (1 BR), $1,340 (2 BR), $1,600 (3 BR) and $1,760 (4 BR) a month.
What is the Section 8 payment standard in 49723?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49723 that range is $1,206 to $1,474 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 49723?
The FY2026 income limits of the Emmet County, MI area apply: median family income $101,700, low-income (80%) limit $81,350 for a family of four.