What is the Fair Market Rent in Pontiac, MI?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,160 to $1,390 a month across the 3 ZIP codes that cover Pontiac.

By ZIP code: 48340 $1,390, 48342 $1,320, 48341 $1,160.

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 Pontiac is $1,119 (±$50), below the Small Area figure for ZIP 48340.

Figures last updated on .

2 bedrooms, whole area
$1,459
2 bedrooms, ZIP 48340
$1,390
2 bedrooms, ZIP 48342
$1,320
2 bedrooms, ZIP 48341
$1,160

Fair Market Rents for Pontiac, 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 48340$1,000$1,110$1,390$1,690$1,840$1,135
ZIP 48342$950$1,060$1,320$1,610$1,740$999
ZIP 48341 (99% of the ZIP’s land is in this place)$830$930$1,160$1,410$1,530$972

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 Pontiac

What is the Section 8 payment standard in Pontiac?

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 48340 is $1,390.

What is the Fair Market Rent for a two-bedroom in ZIP 48340?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48340 is $1,390 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,135 (±$51).

What is the Fair Market Rent for a two-bedroom in ZIP 48342?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48342 is $1,320 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $999 (±$107).

What is the Fair Market Rent for a two-bedroom in ZIP 48341?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48341 is $1,160 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $972 (±$57).

What is the Fair Market Rent for a one-bedroom in Pontiac?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 48340 is $1,110 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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