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
| 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 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
- 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 .
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