Location: Antrim County, MI | Metro: Antrim County, MI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
U.S. Census Bureau data (2024)
The ZIP code 49611 stands out due to its low population count of just 259 residents, with only 9.5% of them renting their homes. This indicates a primarily owner-occupied area where rental properties are scarce. The median income for residents is $101,304, suggesting a relatively affluent community. However, the median home value is not available, which could imply that the housing market in this ZIP is unique or underreported.
Moving into the specifics of Section 8 voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,110. This figure is crucial for landlords considering participation in the program, as it represents the maximum amount the government will pay towards rent for a tenant with a voucher. Unfortunately, the market rent for ZIP 49611 is also not available, making it difficult to compare the FMR against typical rental rates in the area. Landlords should be cautious about setting rents above the FMR, as tenants with vouchers may struggle to cover the difference.
Given the limited data available on market rents and median home values, the overall economic stability of ZIP 49611 cannot be fully assessed. However, the high median income suggests a stable financial environment for its residents. The scarcity of rental properties and the reliance on government-set FMRs indicate that this ZIP might be more transitional in terms of rental economics, especially for those who depend on Section 8 vouchers. Landlords should consider these factors when deciding to participate in the Section 8 program or setting rental prices.
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.