FY2027 Small Area FMR · Tower, MI

ZIP 49792 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49792 (Tower, MI) is $1,100 a month, up 4.8% from FY2026. That is 0% equal to the Cheboygan County, MI area-wide FMR of $1,104.

2-bedroom SAFMR$1,100per month ▲ 4.8%

Area-wide 2 BR FMR$1,104Cheboygan County, MI

Rank in the area12thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$990

2 BR Small Area FMR$1,100

110% of SAFMR$1,210

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

Studio$780▲ 5.4%

1 BR$840▲ 5.0%

2 BR$1,100▲ 4.8%

3 BR$1,310▲ 4.0%

4 BR$1,480▲ 5.7%

FY2027 FY2026

Where 49792 sits in the Cheboygan County, MI area

Of the 17 ZIP codes HUD lists for the area, 49792 has the 12th highest two-bedroom Small Area FMR. Cheboygan 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 $1,104 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,100 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	$780	$702 – $858	$788	$740
1 bedroom	$840	$756 – $924	$844	$800
2 bedrooms	$1,100	$990 – $1,210	$1,104	$1,050
3 bedrooms	$1,310	$1,179 – $1,441	$1,315	$1,260
4 bedrooms	$1,480	$1,332 – $1,628	$1,490	$1,400

A household renting a two-bedroom home at the Small Area FMR of $1,100 needs about $44,000 a year to keep housing costs at 30% of income. The area median family income is $79,500 and the 80% low-income limit for four people is $66,900. ZIP code 49792 lies mainly in Cheboygan County. See the Cheboygan County, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
49765	Onaway	3.3 mi	$1,040
49705	Afton	8.0 mi	$1,010
49759	Millersburg	10.5 mi	$1,270
49749	Indian River	14.0 mi	$1,170
49799	Wolverine	15.4 mi	$1,010
49791	Topinabee	17.0 mi	$1,140

Questions

What is the Fair Market Rent for ZIP code 49792?

HUD's FY2027 Small Area Fair Market Rents for 49792 are $780 (studio), $840 (1 BR), $1,100 (2 BR), $1,310 (3 BR) and $1,480 (4 BR) a month.

What is the Section 8 payment standard in 49792?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49792 that range is $990 to $1,210 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 49792?

The FY2026 income limits of the Cheboygan County, MI area apply: median family income $79,500, low-income (80%) limit $66,900 for a family of four.