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Fair Market Rent · Michigan

Fair Market Rent in Monroe County, MI

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$908studio
$9971 bedroom
$1,3042 bedrooms
$1,5953 bedrooms
$2,1534 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Monroe County is $1,304 a month, -1.7% from FY2026. Monroe County is part of the Monroe, MI MSA (a metro 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

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$908$914-0.7%$817–999
1 bedroom$997$1,011-1.4%$897–1,097
2 bedrooms$1,304$1,326-1.7%$1,174–1,434
3 bedrooms$1,595$1,605-0.6%$1,436–1,755
4 bedrooms$2,153$2,147+0.3%$1,938–2,368

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 Monroe County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
48117Carleton$1,330$1,093$1,120
48131Dundee$1,460$1,351$1,243
48133Erie$1,200$919$988
48140Ida$1,330$979$979
48144Lambertville$1,350–$1,141
48145La Salle$1,310$1,076$1,032
48157Luna Pier$1,200–$395
48159Maybee$1,240$1,041$1,040
48160Milan$1,530$1,245$1,177
48161Monroe$1,220$1,006$975
48162Monroe$1,200$988$925
48166Newport$1,440$1,120$1,202
48177Samaria$1,570––
48179South Rockwood$1,660$1,360$1,350
48182Temperance$1,570$1,367$1,328
49267Ottawa Lake$1,240–$866
49270Petersburg$1,260$875$918

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.