What is the Fair Market Rent in Wales Township, MI?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48027, which covers Wales Township, is $1,030 a month.
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 Wales Township is $817 (±$69), below the Small Area figure for ZIP 48027.
Figures last updated on .
- 2 bedrooms, whole area
- $1,459
- 2 bedrooms, ZIP 48027
- $1,030
Fair Market Rents for Wales Township, 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 48027 | $730 | $810 | $1,030 | $1,280 | $1,380 | $869 |
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.
What you can do on Seayora in Wales Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Wales Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Wales Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Wales Township, and send estimates and invoices from your phone.
Questions about Wales Township
What is the Section 8 payment standard in Wales 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 48027 is $1,030.
What is the Fair Market Rent for a two-bedroom in ZIP 48027?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48027 is $1,030 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $869 (±$295).
What is the Fair Market Rent for a one-bedroom in Wales Township?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 48027 is $810 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 .
Related
- Housing in Wales Township at a glance
- Median rent in Wales Township
- Income and affordability in Wales Township
- Home values in Wales Township
- Homeowner costs in Wales Township
- Property taxes in Wales Township
- Types of homes in Wales Township
- Bedrooms in Wales Township
- Age of homes in Wales Township
- Heating fuel in Wales Township
- Commute and cars in Wales Township
- Population growth in Wales Township
- How long people stay in Wales Township
- Michigan landlord and tenant rules
- Housing across St. Clair County
- Housing data for every place in Michigan