Rent in 48418 (Byron, MI)
In ZIP 48418 (Byron, MI), a 2-bedroom typically rents for $1,018–$1,085 a month, 6% below the Shiawassee County Fair Market Rent of $1,085. Other sizes: studio $798, 1 bed $829, 3 beds $1,457–$1,731, 4 beds $1,644. Owner-occupied homes in Shiawassee County pay about 1.31% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Range | Best guess | County FMR |
|---|---|---|---|
| Studio | $798 | $798 | $798used above |
| 1 bed | $829 | $829 | $829used above |
| 2 beds | $1,018–$1,085 | $1,018 | $1,0856% below |
| 3 beds | $1,457–$1,731 | $1,731 | $1,45719% above |
| 4 beds | $1,644 | $1,644 | $1,644used above |
- Studio: HUD Fair Market Rent (county) $798 (Oct 1, 2026)
- 1 bed: HUD Fair Market Rent (county) $829 (Oct 1, 2026)
- 2 beds: Census ACS 5-year median gross rent $1,018 ±$117 (Dec 31, 2024); HUD Fair Market Rent (county) $1,085 (Oct 1, 2026)
- 3 beds: Census ACS 5-year median gross rent $1,731 ±$226 (Dec 31, 2024); HUD Fair Market Rent (county) $1,457 (Oct 1, 2026)
- 4 beds: HUD Fair Market Rent (county) $1,644 (Oct 1, 2026)
Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
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Frequently asked questions
- What is the rent for a 2-bedroom in 48418?
- Typically $1,018–$1,085 a month, with a best guess of $1,018. That is 6% below the Shiawassee County Fair Market Rent ($1,085).
- What is the rent for a 1-bedroom in 48418?
- $829 a month, the HUD Fair Market Rent for Shiawassee County; there is no ZIP-level figure for 48418.
- What is the rent for a 3-bedroom in 48418?
- Typically $1,457–$1,731 a month, with a best guess of $1,731. That is 19% above the Shiawassee County Fair Market Rent ($1,457).
- What is the rent for a studio in 48418?
- $798 a month, the HUD Fair Market Rent for Shiawassee County; there is no ZIP-level figure for 48418.
- What is the rent for a 4-bedroom in 48418?
- $1,644 a month, the HUD Fair Market Rent for Shiawassee County; there is no ZIP-level figure for 48418.
- What is the property tax rate in ZIP 48418?
- Owner-occupied homes in Shiawassee County pay a typical 1.31% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do the 48418 rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).