Location: Jackson, MI | Metro: Jackson, 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 | $880 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,550 | $271,661 | 0.57% | F |
| 4BR | $1,550 | $304,088 | 0.51% | F |
U.S. Census Bureau data (2024)
The ZIP code 49269 stands out due to its unique demographic and economic characteristics. With a population of 5,544 residents, it has a relatively low rental rate at 10.1%, indicating that most homeowners in this area own their properties outright or through mortgages. The median income for households in ZIP 49269 is $86,699, which is higher than the national average. This suggests a financially stable community where residents have disposable income beyond basic necessities.
The median home value in ZIP 49269 is $254,896, reflecting a moderate cost of living compared to other areas in the region. However, when analyzing the voucher economics, it becomes apparent that the Federal Market Rent (FMR) for the area is set at $1,040 for fiscal year 2024, slightly above the $1,025 market rent reported by the Census Bureau's American Community Survey (ACS).
This slight premium in FMR over market rent can be beneficial for landlords and small-portfolio investors. It means that tenants receiving Section 8 vouchers will be able to afford homes that are priced slightly above the typical market rate, potentially leading to higher rental incomes for property owners. Additionally, the stability of the local economy, as indicated by the high median income, ensures a reliable tenant pool who can meet their financial obligations consistently.
Based on the data signature, ZIP 49269 appears to be a stable market. The combination of a higher median income, moderate home values, and a slight increase in FMR over market rent suggests that this area is well-positioned to attract and retain tenants who utilize Section 8 vouchers. For landlords and small-portfolio investors, this stability provides a secure investment environment with predictable returns. There is little indication of rapid change or volatility in the housing market, making ZIP 49269 a reliable choice for those seeking long-term investments in rental properties.
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.