Section 8 Fair Market Rent (FMR) for ZIP 48636 - 2027

FY 2027 Fair Market Rent Rates

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

ZIP code 48636, located within Oscoda County, MI, presents a unique scenario when compared against typical ZIP codes in the county. The Fair Market Rent (FMR) for 48636 is set at $990 for the fiscal year 2026. This figure is critical for landlords participating in the Section 8 program, as it determines the maximum allowable rental subsidy.

The lack of market rent data for ZIP 48636 makes direct comparisons challenging, but we can infer trends based on the available information. Home values in 48636 stand at $124,075, which is likely below the average for the entire county. This suggests that 48636 might be considered a value pocket within the larger Oscoda County metro area, offering lower property costs while still maintaining access to the broader market's amenities and services.

A notable divergence is the 8.2% renter share in ZIP 48636. Typically, a higher percentage of renters in an area with below-average home values could indicate a prime opportunity for landlords involved in the Section 8 program. The combination of a relatively low FMR and a significant renter population suggests that this ZIP code could be particularly attractive for those seeking stable tenant bases under the Section 8 program.

To further contextualize the position of ZIP 48636 within the Oscoda County, MI metro, consider the following:

• Fair Market Rent ($990): This is the key benchmark for Section 8 subsidies in the area. Landlords should ensure their rental properties meet the quality standards required to participate.
• Home Value ($124,075): Lower home values mean potentially lower purchase and maintenance costs for landlords, enhancing the profitability of rental investments.
• Renter Share (8.2%): A higher proportion of renters relative to other ZIP codes in the county could translate into a greater demand for affordable housing options, making this ZIP a sweet spot for Section 8 participation.

Given these specifics, ZIP 48636 appears to be a value pocket within the Oscoda County metro, offering opportunities for landlords who wish to capitalize on the Section 8 program. The lower home values coupled with a substantial renter share suggest that this area could provide steady returns and occupancy rates for those willing to invest in properties that cater to the needs of low-income tenants.

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.