Iron County, MI fair market rent
Iron County, MI · FY2027 · upcoming · effective October 1, 2026
Illustrative 90–110% range $1,019–$1,245 · +6.0% from FY2026
Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Non-metro county. U.S. county median 2BR $1,056.
Your housing authority's payment standard: not verified on this page.
Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.
Find your housing authority| Unit | FY2027 | FY2026 | Change |
|---|---|---|---|
| Studio | $808 | $756 | +6.9% |
| 1 bedroom | $865 | $814 | +6.3% |
| 2 bedrooms | $1,132 | $1,068 | +6.0% |
| 3 bedrooms | $1,349 | $1,281 | +5.3% |
| 4 bedrooms | $1,488 | $1,414 | +5.2% |
All Michigan areasHow payment standards work
Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.
2-bedroom FMR, last 11 years
- FY17$681
- FY18$697
- FY19$700
- FY20$713
- FY21$734
- FY22$757
- FY23$826
- FY24$905
- FY25$933
- FY26$1,068
- FY27$1,132
HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method
Small Area FMRs by ZIP code
9 ZIPs in Iron County, MI- ZIP 49879Studio $840 · 1BR $1,020 · 3BR $1,440 · 4BR $1,710
- ZIP 49902Studio $720 · 1BR $780 · 3BR $1,210 · 4BR $1,340
- ZIP 49903Studio $810 · 1BR $860 · 3BR $1,350 · 4BR $1,490
- ZIP 49915Studio $750 · 1BR $800 · 3BR $1,250 · 4BR $1,380
- ZIP 49920Studio $830 · 1BR $890 · 3BR $1,380 · 4BR $1,520
- ZIP 49927Studio $830 · 1BR $890 · 3BR $1,400 · 4BR $1,540
- ZIP 49935Studio $840 · 1BR $900 · 3BR $1,410 · 4BR $1,550
- ZIP 49964Studio $810 · 1BR $860 · 3BR $1,350 · 4BR $1,490
- ZIP 49967Studio $750 · 1BR $890 · 3BR $1,280 · 4BR $1,510