HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Houghton County, Michigan (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Houghton County is $1,033 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,033
+6.2% from FY 2026
Payment standard
$930–$1,136
90% to 110% of the FMR, two-bedroom
Income to afford
$41,320
a year, with rent at 30% of income
Rank in Michigan
55th of 83
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $801 | $721–$881 | $32,040 | $15.40/hr | +0.8% |
| 1 bedroom | $806 | $725–$887 | $32,240 | $15.50/hr | +0.8% |
| 2 bedroom | $1,033 | $930–$1,136 | $41,320 | $19.87/hr | +6.2% |
| 3 bedroom | $1,430 | $1,287–$1,573 | $57,200 | $27.50/hr | +5.7% |
| 4 bedroom | $1,727 | $1,554–$1,900 | $69,080 | $33.21/hr | +5.8% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,986 | $1,787–$2,185 |
| 6 bedroom Estimate | $2,245 | $2,021–$2,470 |
| 7 bedroom Estimate | $2,504 | $2,254–$2,754 |
| 8 bedroom Estimate | $2,763 | $2,487–$3,039 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Houghton actually rent for?
Search any address in Houghton for a rent estimate built from nearby comps, with the HUD figure right next to it.
No card needed
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Houghton somewhere between $930 and $1,136. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,033 a month is affordable, by HUD's 30% rule, on an income of roughly $41,320 a year. Put another way, $20 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$930 | Voucher pays at 100%$1,033 | Voucher pays at 110%$1,136 |
|---|---|---|---|---|
| $2,500 | $750 | $180 | $283 | $386 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 6% from FY 2026 ($973) to FY 2027 ($1,033). Since FY 2020 it's up 45% in total, about 5.4% a year. The Michigan median moved up 5% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $471 | $555 | $713 | $921 | $1,252 | — |
| FY 2021 | $484 | $582 | $734 | $993 | $1,271 | +2.9% |
| FY 2022 | $503 | $612 | $757 | $1,075 | $1,296 | +3.1% |
| FY 2023 | $573 | $680 | $826 | $1,174 | $1,407 | +9.1% |
| FY 2024 | $710 | $758 | $905 | $1,275 | $1,536 | +9.6% |
| FY 2025 | $776 | $780 | $933 | $1,307 | $1,567 | +3.1% |
| FY 2026 | $795 | $800 | $973 | $1,353 | $1,632 | +4.3% |
| FY 2027In effect | $801 | $806 | $1,033 | $1,430 | $1,727 | +6.2% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Houghton, that runs from $801 for a studio up to $1,727 for four bedrooms, all five rates in the table above.
Because Houghton sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Atlantic Mine included.
Among Michigan's 83 counties, Houghton ranks 55th for two-bedroom FMR. That's about 5% below the state median of $1,085 and about 3% below the national median county at $1,063. About 37,693 people live here, 42nd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,010 in 49913 (Calumet) and $1,500 in 49921 (Dodgeville), with the 17 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 49905 | Atlantic Mine | $1,170 | +13.3% |
| 49913 | Calumet | $1,010 | -2.2% |
| 49916 | Chassell | $1,050 | +1.6% |
| 49917 | Copper City | $1,040 | +0.7% |
| 49921 | Dodgeville | $1,500 | +45.2% |
| 49922 | Dollar Bay | $1,020 | -1.3% |
| 49930 | Hancock | $1,010 | -2.2% |
| 49931 | Houghton | $1,230 | +19.1% |
| 49934 | Hubbell | $1,070 | +3.6% |
| 49942 | Kearsarge | $1,010 | -2.2% |
| 49945 | Lake Linden | $1,010 | -2.2% |
| 49952 | Nisula | $1,030 | -0.3% |
| 49955 | Painesdale | $1,060 | +2.6% |
| 49958 | Pelkie | $1,040 | +0.7% |
| 49961 | Sidnaw | $1,030 | -0.3% |
| 49963 | South Range | $1,010 | -2.2% |
| 49965 | Toivola | $1,030 | -0.3% |
Nearby counties
Two-bedroom FMR, with how each compares to Houghton.
Baraga County
24 mi · 8,191 people
$1,014
-2%
Keweenaw County
26 mi · 2,133 people
$1,014
-2%
Ontonagon County
42 mi · 5,850 people
$1,014
-2%
Marquette County
61 mi · 67,112 people
$1,199
+16%
Iron County
66 mi · 11,667 people
$1,132
+10%
Gogebic County
74 mi · 14,319 people
$1,014
-2%
Dickinson County
84 mi · 25,954 people
$1,014
-2%
Alger County
97 mi · 8,762 people
$1,064
+3%
Questions people ask
$1,033 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $801 for a studio, $806 for one bedroom, $1,430 for three and $1,727 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Houghton actually go for?
HUD's number is one input. Search any address in Houghton for a rent estimate built from nearby comps. Free to start, no card.
Free tier. No credit card.