Location: Sanilac County, MI | Metro: Sanilac County, MI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
U.S. Census Bureau data (2024)
The ZIP code 48469 stands out due to its unique combination of economic indicators. With a population of 1,388 residents, it has a relatively low rental rate at 15.8%, indicating that most residents prefer homeownership. The median income of $56,023 suggests a middle-class community, while the median home value of $260,576 reflects a stable housing market.
Moving into the specifics of Section 8 economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,020. This contrasts with the current market rent of $926, as reported by the Census Bureau's American Community Survey. Landlords in ZIP 48469 can expect a slight premium for accepting Section 8 vouchers, as the FMR exceeds the market rent by $94 per month.
Given the data signature, ZIP 48469 appears to be in a stable phase. The modest rental percentage and the higher median home value indicate a preference for homeownership among the majority of residents. Additionally, the close alignment between the FMR and the actual market rent suggests that the local rental market is well-regulated and predictable. For small-portfolio investors and landlords, this stability provides a reliable environment for managing properties and planning for long-term investment success.
Data Sources: FMR data from HUD (2027). 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.