Michigan · FIPS 26059 · HUD FY 2027
Hillsdale County, Michigan Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Hillsdale County is $1,022 a month (rent plus utilities), 25% below the Michigan average of $1,361 and 42% below the U.S. average of $1,761. That is up $20 (2.0%) from FY 2026. At 30% of income, a household needs about $40,880 a year to afford it.
- $1,0222-bedroom FMR+$20 (+2.0%) vs FY 2026
- $7811-bedroom FMRMichigan: $1,101 · U.S.: $1,478
- $40,880Income for a 2-bedroom$20/hour full-time
- 58 of 832BR rank in Michigan1 = highest rent
| Unit | Hillsdale County FY 2027 | FY 2026 | Change | Michigan avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $712 | $691 | +$21 (+3.0%) | $1,003 | $1,379 | $28,480 |
| 1 bedroom | $781 | $764 | +$17 (+2.2%) | $1,101 | $1,478 | $31,240 |
| 2 bedrooms | $1,022 | $1,002 | +$20 (+2.0%) | $1,361 | $1,761 | $40,880 |
| 3 bedrooms | $1,274 | $1,252 | +$22 (+1.8%) | $1,697 | $2,266 | $50,960 |
| 4 bedrooms | $1,343 | $1,327 | +$16 (+1.2%) | $1,873 | $2,607 | $53,720 |
How Hillsdale County compares
- Hillsdale County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Michigan, 2-bedroom FMRs run from $1,014 (Tuscola County) to $1,804 (Washtenaw County).
- Studio to 4-bedroom: $712, $781, $1,022, $1,274, $1,343. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 13 ZIP codes mostly in Hillsdale County (by land area), the 2-bedroom figure ranges from $1,010 to $1,230.
Small Area FMRs by ZIP code in Hillsdale County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 49227 | $710 | $780 | $1,010 | $1,260 | $1,340 | +$40 (+4.1%) | 1% below |
| 49232 | $720 | $800 | $1,040 | $1,300 | $1,370 | +$20 (+2.0%) | 2% above |
| 49242 | $710 | $780 | $1,010 | $1,260 | $1,340 | +$20 (+2.0%) | 1% below |
| 49249 | $780 | $860 | $1,110 | $1,390 | $1,470 | −$20 (−1.8%) | 9% above |
| 49250 | $760 | $860 | $1,050 | $1,390 | $1,470 | +$10 (+1.0%) | 3% above |
| 49252 | $760 | $880 | $1,060 | $1,390 | $1,470 | +$60 (+6.0%) | 4% above |
| 49258 | $720 | $800 | $1,040 | $1,300 | $1,370 | no change | 2% above |
| 49262 | $810 | $890 | $1,170 | $1,460 | $1,540 | +$20 (+1.7%) | 14% above |
| 49266 | $790 | $860 | $1,130 | $1,410 | $1,490 | +$140 (+14.1%) | 11% above |
| 49271 | $770 | $850 | $1,110 | $1,380 | $1,460 | +$20 (+1.8%) | 9% above |
| 49274 | $720 | $790 | $1,010 | $1,280 | $1,350 | +$40 (+4.1%) | 1% below |
| 49282 | $800 | $880 | $1,140 | $1,430 | $1,500 | −$70 (−5.8%) | 12% above |
| 49288 | $860 | $940 | $1,230 | $1,530 | $1,620 | +$70 (+6.0%) | 20% 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).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.