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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,300 to $1,650 a month across the 3 ZIP codes that cover Waterford Charter Township.

By ZIP code: 48327 $1,310, 48328 $1,300, 48329 $1,650.

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 Waterford Charter Township is $1,182 (±$45), below the Small Area figure for ZIP 48327.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,459
2 bedrooms, ZIP 48327: $1,310
2 bedrooms, ZIP 48328: $1,300
2 bedrooms, ZIP 48329: $1,650

Fair Market Rents for Waterford 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
	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 48327	$940	$1,050	$1,310	$1,600	$1,730	$1,113
ZIP 48328	$930	$1,040	$1,300	$1,580	$1,720	$1,102
ZIP 48329 (99% of the ZIP’s land is in this place)	$1,180	$1,320	$1,650	$2,010	$2,180	$1,184

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 Waterford Charter Township

What is the Section 8 payment standard in Waterford 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 48327 is $1,310.

What is the Fair Market Rent for a two-bedroom in ZIP 48327?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48327 is $1,310 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,113 (±$36).

What is the Fair Market Rent for a two-bedroom in ZIP 48328?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48328 is $1,300 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,102 (±$48).

What is the Fair Market Rent for a two-bedroom in ZIP 48329?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 48329 is $1,650 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,184 (±$280).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 48327 is $1,050 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.