What is the Fair Market Rent in Ira Township, MI?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48023, which covers Ira Township, is $1,520 a month.
Across the whole Detroit-Warren-Livonia, MI HUD Metro FMR Area the two-bedroom figure is $1,459.
The Census Bureau’s median gross rent for a two-bedroom home in Ira Township is $1,572 (±$247), within its margin of the Small Area figure for ZIP 48023.
Figures last updated on .
- 2 bedrooms, whole area
- $1,459
- 2 bedrooms, ZIP 48023
- $1,520
Fair Market Rents for Ira Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Detroit-Warren-Livonia, MI HUD Metro FMR Area (whole area) | $1,047 | $1,167 | $1,459 | $1,777 | $1,929 | — |
| ZIP 48023 | $1,090 | $1,220 | $1,520 | $1,850 | $2,010 | $1,266 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
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Questions about Ira Township
What is the Section 8 payment standard in Ira Township?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Detroit-Warren-Livonia, MI HUD Metro FMR Area is $1,459, and the Small Area figure for 48023 is $1,520.
What is the Fair Market Rent for a two-bedroom in ZIP 48023?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48023 is $1,520 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,266 (±$158).
What is the Fair Market Rent for a one-bedroom in Ira Township?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 48023 is $1,220 a month, against $1,167 across the Detroit-Warren-Livonia, MI HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Detroit-Warren-Livonia, MI HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Detroit-Warren-Livonia, MI HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Ira Township
- Rent by bedrooms in Ira Township
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- Renters and owners in Ira Township
- Income and affordability in Ira Township
- Home values in Ira Township
- Homeowner costs in Ira Township
- Property taxes in Ira Township
- Types of homes in Ira Township
- Bedrooms in Ira Township
- Age of homes in Ira Township
- Heating fuel in Ira Township
- Commute and cars in Ira Township
- Population growth in Ira Township
- How long people stay in Ira Township
- Michigan landlord and tenant rules
- Housing across St. Clair County
- Housing data for every place in Michigan