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Rent by ZIP · Monroe County

Rent in Monroe, MI 48161

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,220 (-2.4% vs FY2026). Renters in this ZIP code pay a median $975 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$850$860-1.2%$765–935$741 ±$533
1 bedroom$930$950-2.1%$837–1,023$731 ±$83
2 bedrooms$1,220$1,250-2.4%$1,098–1,342$1,006 ±$65
3 bedrooms$1,490$1,510-1.3%$1,341–1,639$1,315 ±$174
4 bedrooms$2,010$2,020-0.5%$1,809–2,211$1,553 ±$461

Small Area FMRs for the Monroe, MI MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Monroe, MI MSA, 2 bedrooms: $1,304.

What renters pay in 48161

Median gross rent$975±$63 · all sizes
Renter households2,66724% of occupied homes
No cash rent164households

How rents are spread

Under $1,00053%
$1,000–1,49932%
$1,500–1,99912%
$2,000–2,4991%
$2,500–2,9990%
$3,000–3,4990%
$3,500+2%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
48160Milan$1,530$1,245
48162Monroe$1,200$988
48159Maybee$1,240$1,041
48158Manchester$1,500$1,561
48164New Boston$1,930–
48157Luna Pier$1,200–

Fair Market Rents across Monroe County, MI · All MI counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.