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Rent by ZIP · Ingham County

Rent in Okemos, MI 48864

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,580 (+4.6% vs FY2026). Renters in this ZIP code pay a median $1,334 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,240$1,160+6.9%$1,116–1,364$1,143 ±$375
1 bedroom$1,260$1,210+4.1%$1,134–1,386$1,115 ±$47
2 bedrooms$1,580$1,510+4.6%$1,422–1,738$1,460 ±$93
3 bedrooms$2,010$1,940+3.6%$1,809–2,211$1,384 ±$348
4 bedrooms$2,080$2,000+4%$1,872–2,288–

Small Area FMRs for the Lansing-East Lansing, 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 Lansing-East Lansing, MI MSA, 2 bedrooms: $1,323.

What renters pay in 48864

Median gross rent$1,334±$75 · all sizes
Renter households2,87032% of occupied homes
No cash rent21households

How rents are spread

Under $1,00018%
$1,000–1,49949%
$1,500–1,99923%
$2,000–2,4998%
$2,500–2,9991%
$3,000–3,4991%
$3,500+0%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
48865Orleans$1,090$782
48866Ovid$1,150$827
48861Mulliken$1,310$935
48867Owosso$1,040$912
48860Muir$1,150$754
48858Mount Pleasant$1,080$946

Fair Market Rents across Ingham 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.