Rent by ZIP · Isabella County
Rent in Shepherd, MI 48883
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,080 (+4.9% vs FY2026). Renters in this ZIP code pay a median $842 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $830 | $810 | +2.5% | $747–913 | – |
| 1 bedroom | $840 | $820 | +2.4% | $756–924 | $620 ±$213 |
| 2 bedrooms | $1,080 | $1,030 | +4.9% | $972–1,188 | $838 ±$48 |
| 3 bedrooms | $1,370 | $1,330 | +3% | $1,233–1,507 | $1,125 ±$244 |
| 4 bedrooms | $1,520 | $1,380 | +10.1% | $1,368–1,672 | $1,500 ±$1,020 |
Small Area FMRs for the Isabella County, MI. This ZIP code is in more than one HUD area; figures are for the main one. 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 Isabella County, MI, 2 bedrooms: $1,059.
What renters pay in 48883
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 |
|---|---|---|---|
| 48884 | Sheridan | $1,210 | $923 |
| 48881 | Saranac | $1,090 | $1,115 |
| 48885 | Sidney | $1,640 | – |
| 48880 | Saint Louis | $1,080 | $838 |
| 48886 | Six Lakes | $1,490 | – |
| 48879 | Saint Johns | $1,150 | $887 |
Fair Market Rents across Isabella 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.