FY2027 Small Area FMR · Mackinac Island, MI

ZIP 49757 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49757 (Mackinac Island, MI) is $1,590 a month, up 7.4% from FY2026. That is 50% above the Mackinac County, MI area-wide FMR of $1,057.

2-bedroom SAFMR$1,590per month ▲ 7.4%

Area-wide 2 BR FMR$1,057Mackinac County, MI

Rank in the area1stof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,431

2 BR Small Area FMR$1,590

110% of SAFMR$1,749

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

Studio$1,210▲ 8.0%

1 BR$1,220▲ 8.0%

2 BR$1,590▲ 7.4%

3 BR$1,940▲ 9.6%

4 BR$2,240▲ 6.7%

FY2027 FY2026

Where 49757 sits in the Mackinac County, MI area

Of the 14 ZIP codes HUD lists for the area, 49757 has the 1st highest two-bedroom Small Area FMR. Mackinac 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 $1,057 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,590 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	$1,210	$1,089 – $1,331	$803	$1,120
1 bedroom	$1,220	$1,098 – $1,342	$808	$1,130
2 bedrooms	$1,590	$1,431 – $1,749	$1,057	$1,480
3 bedrooms	$1,940	$1,746 – $2,134	$1,287	$1,770
4 bedrooms	$2,240	$2,016 – $2,464	$1,486	$2,100

A household renting a two-bedroom home at the Small Area FMR of $1,590 needs about $63,600 a year to keep housing costs at 30% of income. The area median family income is $84,300 and the 80% low-income limit for four people is $67,450. ZIP code 49757 lies mainly in Mackinac County. See the Mackinac County, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
49701	Mackinaw City	8.2 mi	$1,120
49781	Saint Ignace	8.7 mi	$1,010
49775	Pointe Aux Pins	9.1 mi	$1,590
49745	Hessel	13.5 mi	$1,010
49718	Carp Lake	14.2 mi	$1,140
49755	Levering	17.6 mi	$1,170

Questions

What is the Fair Market Rent for ZIP code 49757?

HUD's FY2027 Small Area Fair Market Rents for 49757 are $1,210 (studio), $1,220 (1 BR), $1,590 (2 BR), $1,940 (3 BR) and $2,240 (4 BR) a month.

What is the Section 8 payment standard in 49757?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49757 that range is $1,431 to $1,749 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 49757?

The FY2026 income limits of the Mackinac County, MI area apply: median family income $84,300, low-income (80%) limit $67,450 for a family of four.