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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,550 to $1,640 a month across the 3 ZIP codes that cover Shelby Charter Township.

By ZIP code: 48316 $1,640, 48315 $1,550, 48317 $1,580.

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 Shelby Charter Township is $1,397 (±$45), below the Small Area figure for ZIP 48316.

Figures last updated on .

2 bedrooms, whole area
$1,459
2 bedrooms, ZIP 48316
$1,640
2 bedrooms, ZIP 48315
$1,550
2 bedrooms, ZIP 48317
$1,580

Fair Market Rents for Shelby 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 48316$1,180$1,310$1,640$2,000$2,170$1,378
ZIP 48315 (96% of the ZIP’s land is in this place)$1,110$1,240$1,550$1,890$2,050$1,332
ZIP 48317 (90% of the ZIP’s land is in this place)$1,130$1,260$1,580$1,920$2,090$1,314

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 Shelby Charter Township

What is the Section 8 payment standard in Shelby 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 48316 is $1,640.

What is the Fair Market Rent for a two-bedroom in ZIP 48316?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48316 is $1,640 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,378 (±$60).

What is the Fair Market Rent for a two-bedroom in ZIP 48315?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48315 is $1,550 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,332 (±$222).

What is the Fair Market Rent for a two-bedroom in ZIP 48317?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48317 is $1,580 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,314 (±$59).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 48316 is $1,310 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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