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 | $800 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,480 |
| 5 Bedrooms | $1,717 |
| 6 Bedrooms | $1,923 |
| 7 Bedrooms | $2,077 |
| 8 Bedrooms | $2,181 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,120 | $183,510 | 0.61% | D |
| 3BR | $1,360 | $263,671 | 0.52% | F |
| 4BR | $1,480 | $319,607 | 0.46% | F |
U.S. Census Bureau data (2024)
The ZIP code 48039, located in Marine City, Michigan, is home to 7,437 residents. With only 13.0% of the population being renters, this indicates that the area is predominantly homeowner-dominated rather than renter-heavy. The median household income stands at $82,755, which provides a context for evaluating rental affordability.
The typical market rent in this area is $947 per month. This amount represents approximately 13.6% of the median household income, calculated by dividing the monthly rent by the annual median income ($947 / $82,755 * 12). This suggests that rent is relatively affordable compared to local incomes, indicating that tenants can manage their housing costs without significant financial strain.
When comparing the market rent to the Fair Market Rent (FMR) of $1100, as set for FY 2024, it becomes evident that the actual rents are below the federally determined threshold. This discrepancy could imply that there might be fewer Section 8 vouchers available in the area due to lower overall rent demands.
A landlord in ZIP 48039 should expect tenants who are likely to have stable employment and can afford rent out-of-pocket, given the relative affordability of the market rent compared to the median income. These tenants may not rely heavily on Section 8 vouchers, but some portion of the renter population will still seek assistance. However, the scarcity of vouchers and the low percentage of renters suggest that landlords should prepare for a mix of tenants, including those who do not require rental assistance.
In conclusion, while ZIP 48039 has a modest tenant pool, the affordability of the market rent relative to the median income means that most tenants can manage their housing costs independently. Landlords should focus on attracting financially stable tenants who can pay rent directly, although they may occasionally encounter applicants seeking Section 8 vouchers.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.