Michigan · FIPS 26137 · HUD FY 2027
Otsego County, Michigan Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Otsego County is $1,192 a month (rent plus utilities), 12% below the Michigan average of $1,361 and 32% below the U.S. average of $1,761. That is up $92 (8.4%) from FY 2026. At 30% of income, a household needs about $47,680 a year to afford it.
- $1,1922-bedroom FMR+$92 (+8.4%) vs FY 2026
- $9441-bedroom FMRMichigan: $1,101 · U.S.: $1,478
- $47,680Income for a 2-bedroom$23/hour full-time
- 27 of 832BR rank in Michigan1 = highest rent
| Unit | Otsego County FY 2027 | FY 2026 | Change | Michigan avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $938 | $852 | +$86 (+10.1%) | $1,003 | $1,379 | $37,520 |
| 1 bedroom | $944 | $858 | +$86 (+10.0%) | $1,101 | $1,478 | $37,760 |
| 2 bedrooms | $1,192 | $1,100 | +$92 (+8.4%) | $1,361 | $1,761 | $47,680 |
| 3 bedrooms | $1,511 | $1,445 | +$66 (+4.6%) | $1,697 | $2,266 | $60,440 |
| 4 bedrooms | $1,676 | $1,560 | +$116 (+7.4%) | $1,873 | $2,607 | $67,040 |
How Otsego County compares
- Otsego 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: $938, $944, $1,192, $1,511, $1,676. 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 3 ZIP codes mostly in Otsego County (by land area), the 2-bedroom figure ranges from $1,110 to $1,190.
Small Area FMRs by ZIP code in Otsego County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 49735 | $940 | $940 | $1,190 | $1,510 | $1,670 | +$100 (+9.2%) | about the same as |
| 49751 | $830 | $940 | $1,110 | $1,460 | $1,570 | +$60 (+5.7%) | 7% below |
| 49795 | $920 | $930 | $1,180 | $1,490 | $1,660 | +$40 (+3.5%) | 1% below |
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.