Section 8 Fair Market Rent (FMR) for ZIP 48705 - 2027

Location: Alcona County, MI | Metro: Alcona County, MI

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$780
1 Bedroom$880
2 Bedrooms$1,090
3 Bedrooms$1,450
4 Bedrooms$1,580
5 Bedrooms$1,833
6 Bedrooms$2,053
7 Bedrooms$2,217
8 Bedrooms$2,328

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
521
Median Household Income
$65,104
Housing Units
681
Renter Percentage
1.9%
Occupancy Rate
38.9%
Renter Occupied
5

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.