Location: Detroit-Warren-Livonia, MI | Metro: Detroit-Warren-Livonia, MI HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,030 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,440 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,440 | $148,835 | 0.97% | C |
| 3BR | $1,750 | $235,659 | 0.74% | D |
| 4BR | $1,900 | $312,186 | 0.61% | D |
U.S. Census Bureau data (2024)
With a Fair Market Rent (FMR) of $1230 for ZIP 48035 in Clinton Township, MI, landlords can expect to align their rental pricing with federal guidelines to attract Section 8 tenants. The actual market rent, known as ZORI, stands at $1,212, indicating that the FMR closely matches what the market demands. Given the median home value of $221,762, it's evident that the area is moderately priced, offering opportunities for both homeownership and rental investments.
The renter share in Clinton Township is 33.0%, suggesting a significant portion of the population relies on rental housing, which could be a positive sign for landlords looking to fill vacancies. However, the median income of $73,015 might limit the pool of potential Section 8 applicants who qualify based on income thresholds. Despite this, the average Days on Market (DOM) of 18 days signals a robust demand for rental properties, allowing landlords to maintain high occupancy rates.
Moreover, the price-cut share of 0.2% indicates that very few landlords are forced to reduce their rental prices due to prolonged vacancies, further supporting the idea that the rental market in Clinton Township is strong and stable. This stability is crucial for small-portfolio investors who seek consistent cash flow without the risk of frequent rent adjustments.
In conclusion, the data paints a picture of a balanced rental market in Clinton Township, MI, where Section 8 properties can command fair rents without much need for concessions. The combination of a moderate median home value, a sizeable renter population, and a short time to lease suggests that investing in Section 8 properties here is likely to yield satisfactory returns. Verdict: Clinton Township is a good bet for Section 8 investments.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.