Rent by ZIP · Saginaw County
Rent in Saginaw, MI 48602
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,120 (+2.8% vs FY2026). Renters in this ZIP code pay a median $933 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $780 | $750 | +4% | $702–858 | $815 ±$291 |
| 1 bedroom | $880 | $830 | +6% | $792–968 | $685 ±$80 |
| 2 bedrooms | $1,120 | $1,090 | +2.8% | $1,008–1,232 | $900 ±$48 |
| 3 bedrooms | $1,440 | $1,400 | +2.9% | $1,296–1,584 | $1,120 ±$48 |
| 4 bedrooms | $1,470 | $1,440 | +2.1% | $1,323–1,617 | $1,313 ±$85 |
Small Area FMRs for the Saginaw, 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 Saginaw, MI MSA, 2 bedrooms: $1,141.
What renters pay in 48602
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 |
|---|---|---|---|
| 48601 | Saginaw | $1,110 | $814 |
| 48603 | Saginaw | $1,250 | $1,055 |
| 48604 | Saginaw | $1,260 | $1,032 |
| 48607 | Saginaw | $1,220 | – |
| 48609 | Saginaw | $1,100 | $926 |
| 48610 | Alger | $1,230 | – |
Fair Market Rents across Saginaw 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.