What is the Fair Market Rent in Royal Oak, MI?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,710 to $1,810 a month across the 2 ZIP codes that cover Royal Oak.

By ZIP code: 48067 $1,810, 48073 $1,710.

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 Royal Oak is $1,463 (±$50), below the Small Area figure for ZIP 48067.

Figures last updated on .

2 bedrooms, whole area
$1,459
2 bedrooms, ZIP 48067
$1,810
2 bedrooms, ZIP 48073
$1,710

Fair Market Rents for Royal Oak, 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 48067$1,300$1,450$1,810$2,200$2,390$1,489
ZIP 48073 (97% of the ZIP’s land is in this place)$1,230$1,370$1,710$2,080$2,260$1,283

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 Royal Oak

What is the Section 8 payment standard in Royal Oak?

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 48067 is $1,810.

What is the Fair Market Rent for a two-bedroom in ZIP 48067?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48067 is $1,810 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,489 (±$101).

What is the Fair Market Rent for a two-bedroom in ZIP 48073?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48073 is $1,710 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,283 (±$67).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 48067 is $1,450 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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