FY2027 Small Area FMR · Negaunee, MI

ZIP 49866 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 49866 (Negaunee, MI) is $1,040 a month, up 7.2% from FY2026. That is 13% below the Marquette County, MI area-wide FMR of $1,199.

2-bedroom SAFMR$1,040per month ▲ 7.2%

Area-wide 2 BR FMR$1,199Marquette County, MI

Rank in the area13thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$720▲ 7.5%

1 BR$880▲ 6.0%

2 BR$1,040▲ 7.2%

3 BR$1,240▲ 6.0%

4 BR$1,500▼ 0.7%

FY2027 FY2026

Where 49866 sits in the Marquette County, MI area

Of the 17 ZIP codes HUD lists for the area, 49866 has the 13th highest two-bedroom Small Area FMR. Marquette 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 $1,199 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 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	$720	$648 – $792	$835	$670
1 bedroom	$880	$792 – $968	$1,012	$830
2 bedrooms	$1,040	$936 – $1,144	$1,199	$970
3 bedrooms	$1,240	$1,116 – $1,364	$1,429	$1,170
4 bedrooms	$1,500	$1,350 – $1,650	$1,696	$1,510

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $99,900 and the 80% low-income limit for four people is $76,700. ZIP code 49866 lies mainly in Marquette County. See the Marquette County, MI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
49871	Palmer	7.0 mi	$1,030
49855	Marquette	7.2 mi	$1,280
49849	Ishpeming	10.4 mi	$1,030
49814	Champion	15.7 mi	$1,070
49841	Gwinn	17.9 mi	$1,030
49833	Little Lake	19.9 mi	$1,200

Questions

What is the Fair Market Rent for ZIP code 49866?

HUD's FY2027 Small Area Fair Market Rents for 49866 are $720 (studio), $880 (1 BR), $1,040 (2 BR), $1,240 (3 BR) and $1,500 (4 BR) a month.

What is the Section 8 payment standard in 49866?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 49866 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 49866?

The FY2026 income limits of the Marquette County, MI area apply: median family income $99,900, low-income (80%) limit $76,700 for a family of four.