FY2027 Small Area FMR · Oden, MI

ZIP 49764 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49764 (Oden, MI) is $1,250 a month, up 20.2% from FY2026. That is 6% below the Emmet County, MI area-wide FMR of $1,336.

2-bedroom SAFMR$1,250per month ▲ 20.2%

Area-wide 2 BR FMR$1,336Emmet County, MI

Rank in the area6thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,125

2 BR Small Area FMR$1,250

110% of SAFMR$1,375

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

Studio$940▲ 28.8%

1 BR$950▲ 18.8%

2 BR$1,250▲ 20.2%

3 BR$1,480▲ 17.5%

4 BR$1,640▲ 18.0%

FY2027 FY2026

Where 49764 sits in the Emmet County, MI area

Of the 13 ZIP codes HUD lists for the area, 49764 has the 6th 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 $1,250 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	$940	$846 – $1,034	$1,015	$730
1 bedroom	$950	$855 – $1,045	$1,021	$800
2 bedrooms	$1,250	$1,125 – $1,375	$1,336	$1,040
3 bedrooms	$1,480	$1,332 – $1,628	$1,592	$1,260
4 bedrooms	$1,640	$1,476 – $1,804	$1,756	$1,390

A household renting a two-bedroom home at the Small Area FMR of $1,250 needs about $50,000 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 49764 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

ZIP	Place	Distance	2 BR SAFMR
49722	Conway	1.7 mi	$1,340
49706	Alanson	2.5 mi	$1,250
49717	Burt Lake	6.6 mi	$1,250
49770	Petoskey	7.3 mi	$1,360
49716	Brutus	7.5 mi	$1,250
49769	Pellston	10.3 mi	$1,260

Questions

What is the Fair Market Rent for ZIP code 49764?

HUD's FY2027 Small Area Fair Market Rents for 49764 are $940 (studio), $950 (1 BR), $1,250 (2 BR), $1,480 (3 BR) and $1,640 (4 BR) a month.

What is the Section 8 payment standard in 49764?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49764 that range is $1,125 to $1,375 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 49764?

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.