What is the Fair Market Rent in Oakland Charter Township, MI?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,500 to $1,690 a month across the 2 ZIP codes that cover Oakland Charter Township.

By ZIP code: 48363 $1,500, 48306 $1,690.

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 Oakland Charter Township is $2,171 (±$257), above the Small Area figure for ZIP 48363.

Figures last updated on .

2 bedrooms, whole area
$1,459
2 bedrooms, ZIP 48363
$1,500
2 bedrooms, ZIP 48306
$1,690

Fair Market Rents for Oakland Charter Township, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Detroit-Warren-Livonia, MI HUD Metro FMR Area (whole area)$1,047$1,167$1,459$1,777$1,929—
ZIP 48363$1,080$1,200$1,500$1,830$1,990—
ZIP 48306 (68% of the ZIP’s land is in this place)$1,210$1,350$1,690$2,060$2,230$1,709

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 Oakland Charter Township

What is the Section 8 payment standard in Oakland Charter 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 48363 is $1,500.

What is the Fair Market Rent for a two-bedroom in ZIP 48363?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48363 is $1,500 a month.

What is the Fair Market Rent for a two-bedroom in ZIP 48306?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48306 is $1,690 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,709 (±$262).

What is the Fair Market Rent for a one-bedroom in Oakland Charter Township?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 48363 is $1,200 a month, against $1,167 across the Detroit-Warren-Livonia, MI HUD Metro FMR Area.

Sources

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 .

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