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Rent by ZIP · Oakland County

Rent in Farmington, MI 48331

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,180 (+2.8% vs FY2026). Renters in this ZIP code pay a median $1,828 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,560$1,520+2.6%$1,404–1,716–
1 bedroom$1,740$1,690+3%$1,566–1,914$1,721 ±$35
2 bedrooms$2,180$2,120+2.8%$1,962–2,398$1,876 ±$101
3 bedrooms$2,650$2,590+2.3%$2,385–2,915$1,088 ±$1,061
4 bedrooms$2,880$2,810+2.5%$2,592–3,168$3,149 ±$642

Small Area FMRs for the Detroit-Warren-Livonia, MI HUD Metro FMR Area. 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 Detroit-Warren-Livonia, MI HUD Metro FMR Area, 2 bedrooms: $1,459.

What renters pay in 48331

Median gross rent$1,828±$62 · all sizes
Renter households1,86021% of occupied homes
No cash rent79households

How rents are spread

Under $1,0002%
$1,000–1,4994%
$1,500–1,99967%
$2,000–2,49914%
$2,500–2,9998%
$3,000–3,4994%
$3,500+1%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
48329Waterford$1,650$1,543
48328Waterford$1,300$1,174
48334Farmington$1,910$1,720
48327Waterford$1,310$1,159
48335Farmington$1,980$1,646
48326Auburn Hills$1,730$1,473

Fair Market Rents across Oakland 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.