Rent by ZIP · Saginaw County
Rent in Saginaw, MI 48638
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,140 (+0.9% vs FY2026). Renters in this ZIP code pay a median $949 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $790 | $780 | +1.3% | $711–869 | $783 ±$112 |
| 1 bedroom | $890 | $860 | +3.5% | $801–979 | $649 ±$239 |
| 2 bedrooms | $1,140 | $1,130 | +0.9% | $1,026–1,254 | $1,008 ±$81 |
| 3 bedrooms | $1,460 | $1,460 | 0% | $1,314–1,606 | $1,149 ±$562 |
| 4 bedrooms | $1,500 | $1,500 | 0% | $1,350–1,650 | $1,226 ±$699 |
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 48638
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 |
|---|---|---|---|
| 48637 | Merrill | $1,080 | $769 |
| 48636 | Luzerne | $1,040 | – |
| 48640 | Midland | $1,150 | $946 |
| 48635 | Lupton | $1,050 | – |
| 48634 | Linwood | $1,080 | – |
| 48642 | Midland | $1,360 | $1,173 |
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.