Section 8 Fair Market Rent (FMR) for ZIP 48165 - 2027

Location: Detroit-Warren-Livonia, MI | Metro: Detroit-Warren-Livonia, MI HUD Metro FMR Area

Investment Score for ZIP 48165

Monthly Rent (2BR)

$1,870

Median Price (2BR)

$291,026

1% Rule

0.64%

Annual Yield

7.71%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,340
1 Bedroom	$1,500
2 Bedrooms	$1,870
3 Bedrooms	$2,280
4 Bedrooms	$2,470
5 Bedrooms	$2,865
6 Bedrooms	$3,209
7 Bedrooms	$3,466
8 Bedrooms	$3,639

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,870	$291,026	0.64%	D
3BR	$2,280	$433,700	0.53%	F
4BR	$2,470	$528,511	0.47%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

9,566

Median Household Income

$106,220

Housing Units

3,681

Renter Percentage

21.7%

Occupancy Rate

95.9%

Renter Occupied

766

New Hudson, MI, represented by ZIP code 48165, is a suburban community located in Oakland County. It offers a blend of rural charm and easy access to urban amenities, making it an attractive location for both homeowners and renters. This analysis will provide insights into the rental market dynamics, focusing on key metrics that can inform investment decisions.

The Fair Market Rent (FMR) for ZIP 48165 in fiscal year 2024 is set at $1,630. This figure represents the maximum rent level considered affordable for low-income households, as determined by the U.S. Department of Housing and Urban Development (HUD).
The average market rent in New Hudson, according to the Census American Community Survey (ACS), is $2,013. This indicates that the local rental market exceeds the HUD's affordability threshold, suggesting a robust demand for rental properties.
The median home value in the area stands at $457,359. This high median value reflects the overall desirability and economic strength of the neighborhood, which can positively influence rental property values.
Renters make up 21.7% of the housing market in New Hudson. While this percentage is relatively low compared to densely populated urban areas, it still presents a significant segment of the population that could benefit from more rental options.
The median income in New Hudson is $106,220. This strong financial base supports a healthy rental market, where tenants can afford higher rents without compromising their standard of living.

In summary, New Hudson, MI, offers a stable rental market with above-average rents, indicating strong demand. The high median home value and median income suggest that the area is economically sound, capable of supporting rental investments. However, with only 21.7% of residents being renters, there is limited room for expansion unless additional rental units are developed to cater to this growing segment of the population. Landlords and small-portfolio investors should consider these factors when evaluating potential returns and risks associated with investing in the New Hudson rental market.

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.