Rent by ZIP · Monroe County
Rent in Monroe, MI 48162
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,200 (-0.8% vs FY2026). Renters in this ZIP code pay a median $925 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $830 | $830 | 0% | $747–913 | – |
| 1 bedroom | $910 | $920 | -1.1% | $819–1,001 | $812 ±$108 |
| 2 bedrooms | $1,200 | $1,210 | -0.8% | $1,080–1,320 | $988 ±$43 |
| 3 bedrooms | $1,450 | $1,460 | -0.7% | $1,305–1,595 | $796 ±$621 |
| 4 bedrooms | $1,940 | $1,960 | -1% | $1,746–2,134 | $1,000 ±$922 |
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 48162
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 48161 | Monroe | $1,220 | $1,006 |
| 48160 | Milan | $1,530 | $1,245 |
| 48164 | New Boston | $1,930 | – |
| 48159 | Maybee | $1,240 | $1,041 |
| 48165 | New Hudson | $1,870 | $2,028 |
| 48158 | Manchester | $1,500 | $1,561 |
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.