Fair Market Rent · Michigan
Fair Market Rent in Iron County, MI
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Iron County is $1,132 a month, +6% from FY2026. Iron County is part of the Iron County, MI (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $808 | $756 | +6.9% | $727–889 |
| 1 bedroom | $865 | $814 | +6.3% | $778–952 |
| 2 bedrooms | $1,132 | $1,068 | +6% | $1,019–1,245 |
| 3 bedrooms | $1,349 | $1,281 | +5.3% | $1,214–1,484 |
| 4 bedrooms | $1,488 | $1,414 | +5.2% | $1,339–1,637 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Iron County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.