Location: Flint, MI | Metro: Flint, MI MSA
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 | $840 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,200 | $78,751 | 1.52% | A+ |
| 3BR | $1,470 | $117,996 | 1.25% | A |
| 4BR | $1,710 | $148,931 | 1.15% | B |
U.S. Census Bureau data (2024)
The ZIP code 48529, located in Burton, Michigan, stands out within Genesee County due to its unique demographic and economic characteristics. With a population of 9,339 residents, it has a notable rental rate of 38.8%, indicating a significant portion of the community lives in rented properties. The median household income in Burton is $41,333, while the median home value is $91,164, reflecting a balance between affordability and property values typical of suburban areas.
For landlords and small-portfolio investors, the most critical aspect of Burton's real estate market is the dynamics of the Section 8 voucher program. The Fair Market Rent (FMR) for ZIP 48529 for fiscal year 2024 is set at $1,000. This is slightly above the current market rent, which is recorded at $989 according to the Census American Community Survey (ACS). This suggests that landlords participating in the Section 8 program can expect a modest premium over the local market rates, making it an attractive option for those looking to stabilize their rental income.
The data signature for ZIP 48529 reads as stable rather than transitional. The relatively low median income combined with a moderate median home value indicates a community where housing costs are manageable for many residents. The slight increase in FMR compared to the market rent also points towards a market that is steady, with no significant signs of rapid change or instability. For investors, this stability means a reliable and predictable environment for long-term investments, particularly in rental properties that cater to lower-income families through the Section 8 program.
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.