Metro FMR area · MI · HUD FY 2027

Monroe, MI Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Monroe, MI area is $1,304 a month, 4% below the Michigan average and 26% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 25 ZIP codes range from $1,200 to $1,930.

$1,3042-bedroom FMR−$22 (−1.7%) vs FY 2026
$9971-bedroom FMRU.S.: $1,478
$52,160Income for a 2-bedroomat 30% of income
155,505Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,304/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Monroe, MI FMR	$1,304	$52,160	–
Michigan average	$1,361	$54,422	–
U.S. average	$1,761	$70,432	–

Monroe, MI Fair Market Rents, FY 2027 vs FY 2026
Unit	Monroe, MI FY 2027	FY 2026	Change	Michigan avg	U.S. avg	Income needed
Studio	$908	$914	−$6 (−0.7%)	$1,003	$1,379	$36,320
1 bedroom	$997	$1,011	−$14 (−1.4%)	$1,101	$1,478	$39,880
2 bedrooms	$1,304	$1,326	−$22 (−1.7%)	$1,361	$1,761	$52,160
3 bedrooms	$1,595	$1,605	−$10 (−0.6%)	$1,697	$2,266	$63,800
4 bedrooms	$2,153	$2,147	+$6 (+0.3%)	$1,873	$2,607	$86,120

Counties in this FMR area

Counties in the Monroe, MI FMR area
County	Residents in area
Monroe County, MI	155,505

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 $1,350.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Monroe, MI
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
48111	$1,100	$1,220	$1,530	$1,860	$2,020	+$60 (+4.1%)	17% above
48117	$930	$1,020	$1,330	$1,630	$2,200	−$10 (−0.7%)	2% above
48131	$1,020	$1,120	$1,460	$1,790	$2,410	−$20 (−1.4%)	12% above
48133	$830	$910	$1,200	$1,450	$1,940	+$40 (+3.4%)	8% below
48134	$980	$1,090	$1,370	$1,670	$1,820	−$10 (−0.7%)	5% above
48140	$920	$1,010	$1,330	$1,620	$2,190	−$20 (−1.5%)	2% above
48144	$940	$1,030	$1,350	$1,650	$2,230	−$10 (−0.7%)	4% above
48145	$910	$1,000	$1,310	$1,600	$2,160	−$120 (−8.4%)	about the same as
48157	$830	$910	$1,200	$1,450	$1,940	−$60 (−4.8%)	8% below
48159	$860	$950	$1,240	$1,520	$2,050	−$40 (−3.1%)	5% below
48160	$1,230	$1,250	$1,530	$1,850	$2,190	+$30 (+2.0%)	17% above
48161	$850	$930	$1,220	$1,490	$2,010	−$30 (−2.4%)	6% below
48162	$830	$910	$1,200	$1,450	$1,940	−$10 (−0.8%)	8% below
48164	$1,380	$1,540	$1,930	$2,350	$2,560	+$50 (+2.7%)	48% above
48166	$1,000	$1,100	$1,440	$1,760	$2,380	−$40 (−2.7%)	10% above
48177	$1,090	$1,200	$1,570	$1,920	$2,590	+$30 (+1.9%)	20% above
48179	$1,160	$1,270	$1,660	$2,030	$2,740	−$20 (−1.2%)	27% above
48182	$1,090	$1,200	$1,570	$1,920	$2,590	+$30 (+1.9%)	20% above
48191	$1,410	$1,450	$1,750	$2,100	$2,310	no change	34% above
49228	$860	$940	$1,230	$1,550	$1,940	+$50 (+4.2%)	6% below
49229	$1,230	$1,250	$1,500	$1,790	$1,980	+$50 (+3.4%)	15% above
49238	$830	$910	$1,200	$1,480	$1,940	+$60 (+5.3%)	8% below
49267	$860	$950	$1,240	$1,540	$1,970	−$130 (−9.5%)	5% below
49270	$880	$960	$1,260	$1,540	$2,080	−$50 (−3.8%)	3% below
49276	$990	$1,080	$1,420	$1,770	$2,040	no change	9% above

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.