FY2027 Small Area FMR · Beaver Island, MI

ZIP 49782 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49782 (Beaver Island, MI) is $1,070 a month, up 4.9% from FY2026. That is 4% below the Charlevoix County, MI area-wide FMR of $1,119.

2-bedroom SAFMR$1,070per month ▲ 4.9%

Area-wide 2 BR FMR$1,119Charlevoix County, MI

Rank in the area8thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$760▲ 5.6%

1 BR$820▲ 3.8%

2 BR$1,070▲ 4.9%

3 BR$1,480▲ 4.2%

4 BR$1,550▼ 2.5%

FY2027 FY2026

Where 49782 sits in the Charlevoix County, MI area

Of the 10 ZIP codes HUD lists for the area, 49782 has the 8th highest two-bedroom Small Area FMR. Charlevoix 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 $1,119 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 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	$760	$684 – $836	$798	$720
1 bedroom	$820	$738 – $902	$855	$790
2 bedrooms	$1,070	$963 – $1,177	$1,119	$1,020
3 bedrooms	$1,480	$1,332 – $1,628	$1,549	$1,420
4 bedrooms	$1,550	$1,395 – $1,705	$1,619	$1,590

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $97,400 and the 80% low-income limit for four people is $77,900. ZIP code 49782 lies mainly in Charlevoix County. See the Charlevoix County, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
49838	Gould City	26.4 mi	$1,120
49740	Harbor Springs	27.8 mi	$1,380
49720	Charlevoix	30.8 mi	$1,190
49762	Naubinway	31.4 mi	$1,220
49718	Carp Lake	33.2 mi	$1,140
49769	Pellston	33.7 mi	$1,260

Questions

What is the Fair Market Rent for ZIP code 49782?

HUD's FY2027 Small Area Fair Market Rents for 49782 are $760 (studio), $820 (1 BR), $1,070 (2 BR), $1,480 (3 BR) and $1,550 (4 BR) a month.

What is the Section 8 payment standard in 49782?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49782 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 49782?

The FY2026 income limits of the Charlevoix County, MI area apply: median family income $97,400, low-income (80%) limit $77,900 for a family of four.