Metro FMR area · MI · HUD FY 2027
Grand Rapids-Wyoming, MI Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Grand Rapids-Wyoming, MI area is $1,630 a month, 20% above the Michigan average and 7% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 50 ZIP codes range from $1,380 to $2,450.
- $1,6302-bedroom FMR+$99 (+6.5%) vs FY 2026
- $1,3651-bedroom FMRU.S.: $1,478
- $65,200Income for a 2-bedroomat 30% of income
- 663,150Residents1 county
| Unit | Grand Rapids-Wyoming, MI FY 2027 | FY 2026 | Change | Michigan avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,306 | $1,232 | +$74 (+6.0%) | $1,003 | $1,379 | $52,240 |
| 1 bedroom | $1,365 | $1,278 | +$87 (+6.8%) | $1,101 | $1,478 | $54,600 |
| 2 bedrooms | $1,630 | $1,531 | +$99 (+6.5%) | $1,361 | $1,761 | $65,200 |
| 3 bedrooms | $2,113 | $1,980 | +$133 (+6.7%) | $1,697 | $2,266 | $84,520 |
| 4 bedrooms | $2,417 | $2,189 | +$228 (+10.4%) | $1,873 | $2,607 | $96,680 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Kent County, MI | 663,150 |
Small Area FMRs by ZIP code
Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,610.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 48809 | $1,110 | $1,160 | $1,380 | $1,790 | $1,980 | +$80 (+6.2%) | 15% below |
| 48815 | $1,110 | $1,160 | $1,380 | $1,790 | $1,980 | +$80 (+6.2%) | 15% below |
| 48838 | $1,110 | $1,160 | $1,380 | $1,790 | $1,980 | +$80 (+6.2%) | 15% below |
| 49301 | $1,960 | $2,050 | $2,450 | $3,180 | $3,630 | +$150 (+6.5%) | 50% above |
| 49302 | $1,180 | $1,230 | $1,470 | $1,910 | $2,180 | no change | 10% below |
| 49303 | $1,110 | $1,160 | $1,380 | $1,790 | $1,980 | +$80 (+6.2%) | 15% below |
| 49306 | $1,460 | $1,530 | $1,830 | $2,370 | $2,710 | +$90 (+5.2%) | 12% above |
| 49315 | $1,420 | $1,500 | $1,790 | $2,310 | $2,650 | +$110 (+6.5%) | 10% above |
| 49316 | $1,440 | $1,500 | $1,810 | $2,330 | $2,680 | +$90 (+5.2%) | 11% above |
| 49318 | $1,110 | $1,200 | $1,460 | $1,790 | $2,040 | −$60 (−3.9%) | 10% below |
| 49319 | $1,150 | $1,200 | $1,430 | $1,850 | $2,120 | +$40 (+2.9%) | 12% below |
| 49321 | $1,180 | $1,230 | $1,470 | $1,910 | $2,180 | +$130 (+9.7%) | 10% below |
| 49323 | $1,150 | $1,200 | $1,510 | $1,850 | $2,170 | +$200 (+15.3%) | 7% below |
| 49325 | $1,110 | $1,160 | $1,380 | $1,790 | $1,980 | +$80 (+6.2%) | 15% below |
| 49326 | $1,110 | $1,160 | $1,380 | $1,790 | $1,980 | +$80 (+6.2%) | 15% below |
| 49327 | $1,110 | $1,160 | $1,380 | $1,790 | $1,980 | +$80 (+6.2%) | 15% below |
| 49330 | $1,280 | $1,350 | $1,610 | $2,090 | $2,390 | +$90 (+5.9%) | 1% below |
| 49331 | $1,290 | $1,360 | $1,640 | $2,120 | $2,450 | +$200 (+13.9%) | 1% above |
| 49333 | $1,190 | $1,190 | $1,560 | $1,950 | $2,360 | −$10 (−0.6%) | 4% below |
| 49341 | $1,390 | $1,460 | $1,740 | $2,260 | $2,580 | +$70 (+4.2%) | 7% above |
| 49343 | $1,110 | $1,160 | $1,380 | $1,790 | $1,980 | +$80 (+6.2%) | 15% below |
| 49345 | $1,110 | $1,200 | $1,380 | $1,790 | $2,040 | +$80 (+6.2%) | 15% below |
| 49347 | $1,110 | $1,160 | $1,380 | $1,790 | $1,980 | +$50 (+3.8%) | 15% below |
| 49348 | $1,110 | $1,160 | $1,400 | $1,790 | $2,040 | no change | 14% below |
| 49351 | $1,310 | $1,370 | $1,630 | $2,110 | $2,420 | +$100 (+6.5%) | same |
| 49403 | $1,110 | $1,200 | $1,380 | $1,790 | $2,040 | +$40 (+3.0%) | 15% below |
| 49418 | $1,310 | $1,410 | $1,670 | $2,150 | $2,470 | +$120 (+7.7%) | 2% above |
| 49435 | $1,110 | $1,200 | $1,380 | $1,790 | $2,040 | +$80 (+6.2%) | 15% below |
| 49468 | $1,310 | $1,370 | $1,630 | $2,110 | $2,420 | +$100 (+6.5%) | same |
| 49501 | $1,310 | $1,370 | $1,630 | $2,110 | $2,420 | +$100 (+6.5%) | same |
| 49503 | $1,410 | $1,470 | $1,760 | $2,280 | $2,610 | +$150 (+9.3%) | 8% above |
| 49504 | $1,300 | $1,360 | $1,620 | $2,100 | $2,400 | +$190 (+13.3%) | 1% below |
| 49505 | $1,390 | $1,450 | $1,730 | $2,240 | $2,570 | +$160 (+10.2%) | 6% above |
| 49506 | $1,430 | $1,500 | $1,790 | $2,320 | $2,650 | +$90 (+5.3%) | 10% above |
| 49507 | $1,280 | $1,340 | $1,600 | $2,070 | $2,370 | +$70 (+4.6%) | 2% below |
| 49508 | $1,310 | $1,370 | $1,640 | $2,130 | $2,430 | +$90 (+5.8%) | 1% above |
| 49509 | $1,110 | $1,160 | $1,380 | $1,790 | $2,020 | +$60 (+4.5%) | 15% below |
| 49510 | $1,310 | $1,370 | $1,630 | $2,110 | $2,420 | +$100 (+6.5%) | same |
| 49512 | $1,310 | $1,370 | $1,630 | $2,110 | $2,420 | +$100 (+6.5%) | same |
| 49514 | $1,310 | $1,370 | $1,630 | $2,110 | $2,420 | +$100 (+6.5%) | same |
| 49515 | $1,310 | $1,370 | $1,630 | $2,110 | $2,420 | +$100 (+6.5%) | same |
| 49516 | $1,310 | $1,370 | $1,630 | $2,110 | $2,420 | +$100 (+6.5%) | same |
| 49518 | $1,310 | $1,370 | $1,630 | $2,110 | $2,420 | +$100 (+6.5%) | same |
| 49519 | $1,270 | $1,330 | $1,590 | $2,060 | $2,360 | +$100 (+6.7%) | 2% below |
| 49525 | $1,490 | $1,560 | $1,860 | $2,410 | $2,760 | +$50 (+2.8%) | 14% above |
| 49534 | $1,240 | $1,360 | $1,600 | $2,070 | $2,380 | +$70 (+4.6%) | 2% below |
| 49544 | $1,230 | $1,290 | $1,540 | $2,000 | $2,280 | +$90 (+6.2%) | 6% below |
| 49546 | $1,420 | $1,480 | $1,770 | $2,290 | $2,620 | +$100 (+6.0%) | 9% above |
| 49548 | $1,230 | $1,290 | $1,540 | $2,000 | $2,280 | +$110 (+7.7%) | 6% below |
| 49588 | $1,310 | $1,370 | $1,630 | $2,110 | $2,420 | +$100 (+6.5%) | same |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.