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Rent by ZIP · Oakland County

Rent in Oakland, MI 48363

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,500 (+0.7% vs FY2026).

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,080$1,060+1.9%$972–1,188–
1 bedroom$1,200$1,180+1.7%$1,080–1,320–
2 bedrooms$1,500$1,490+0.7%$1,350–1,650–
3 bedrooms$1,830$1,820+0.5%$1,647–2,013–
4 bedrooms$1,990$1,970+1%$1,791–2,189–

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 48363

Median gross rent–all sizes
Renter households813% of occupied homes
No cash rent58households

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
48362Lake Orion$1,360$1,168
48360Lake Orion$1,630$1,344
48359Lake Orion$1,630$1,699
48367Leonard$1,370$875
48357Highland$1,360$1,075
48356Highland$1,100$1,586

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.