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RentData.org Logo Lansing-East Lansing Fair Market Rent FY 2016 Lansing-East Lansing, MI MSA Rental Data

Fair Market Rent Prices in Lansing-East Lansing, MI :
$546 $687 $848 $1,134 $1,338
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Lansing-East Lansing are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lansing-East Lansing is $848 per month.

The previous year, rent for a two-bedroom home was $776 per month. This is a 9.28% increase year-over-year.

This FMR rate applies to Eureka, MI, Maple Rapids, MI, Bannister, MI, Hubbardston, MI, Pewamo, MI, Mulliken, MI, Onondaga, MI, Perrinton, MI, Sunfield, MI, Westphalia, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO29620M29620.

Additionally, This Fair Market Rent (FMR) area Lansing-East Lansing, MI MSA spans three counties or cities in which ares listed in the table below. Estimated population of Lansing-East Lansing, MI MSA FMR area is 464,036 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Lansing-East Lansing. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lansing-East Lansing

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 586
1-BR 1-Bedroom $ 736
2-BR 2-Bedroom $ 909
3-BR 3-Bedroom $ 1215
4-BR 4-Bedroom $ 1434
Change Year:

The counties, cities, towns, and regions listed below fall into the Lansing-East Lansing, MI MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers three metro areas: Lansing, Flint - Saginaw - Bay City and Grand Rapids - Kalmzoo - B. Crk.

County / Region Est. Population
Clinton County, MI Metro 75,382
Eaton County, MI Metro 107,759
Ingham County, MI Metro 280,895
Zip Codes in Lansing-East Lansing, MI MSA

There are 52 unique zip codes in this Fair Market Rent (FMR) area:

48805, 48807, 48808, 48819, 48820, 48821, 48822, 48823, 48824, 48825, 48826, 48827, 48831, 48833, 48835, 48837, 48840, 48842, 48845, 48848, 48853, 48854, 48861, 48864, 48866, 48871, 48872, 48873, 48875, 48876, 48879, 48890, 48892, 48894, 48895, 48901, 48906, 48908, 48909, 48910, 48911, 48912, 48915, 48917, 48919, 48933, 48951, 48956, 49096, 49251, 49264 and 49285

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