48397 Warren, MI Fair Market Rent

What the FMR for ZIP 48397 actually means

HUD publishes ZIP-level Small Area FMRs in designated metros. Our load has no SAFMR row for ZIP 48397, so we show the FMR-area schedule for Macomb: $1,122 1-bedroom, studio $1,009, 2-bedroom $1,411, 3-bedroom $1,724, 4-bedroom $1,868. Other ZIPs in the same FMR area share this schedule until a SAFMR row is available. These are 40th-percentile gross rents, not live asking rents.

Without SAFMR for this ZIP, every ZIP mapped to Macomb's FMR area shares the same baseline figures even when street-level market rents differ. Against the national benchmark the 1-bedroom FMR-area figure is 17% above the US average of $959, and 26% above the MI state average of $891. Year-over-year, the 1-bedroom moved up2.9% from FY 2025 ($1,090) to FY 2026.

For budgeting, the 30% affordability rule says rent should not exceed 30% of gross household income. At the FY 2026 1-bedroom FMR of $1,122, that implies a household income of $44,880 per year (about $3,740/month) to avoid being cost-burdened, a 2-bedroom at $1,411 lifts that threshold higher still. The ratio of FMR to local wages is the simplest test of whether a renter can live here without being cost-burdened.