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RentData.org Logo Alcona County Fair Market Rent FY 2018 Alcona County, MI Rental Data

Fair Market Rent Prices in Alcona County, MI :
$556 $560 $697 $926 $981
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Alcona County are low compared to the national average. This FMR area is less expensive than 61% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Alcona County is $697 per month.

The previous year, rent for a two-bedroom home was $681 per month. This is a 2.35% increase year-over-year.

This FMR rate applies to Black River, MI, Curran, MI, Barton City, MI, Glennie, MI, Spruce, MI, Greenbush, MI, Mikado, MI, Lincoln, MI, Harrisville, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26001N26001.

Additionally, This Fair Market Rent (FMR) area Alcona County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Alcona County, MI FMR area is 10,942 people based on 2010 Census data.

Compared to the rest of Michigan, the Alcona County FMR area is less expensive than 73% of the state.

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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 Alcona County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Alcona County

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 $ 556
1-BR 1-Bedroom $ 560
2-BR 2-Bedroom $ 697
3-BR 3-Bedroom $ 926
4-BR 4-Bedroom $ 981
Change Year:

There is just one county (listed below) within the Alcona County, MI FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Alpena.

County / Region Est. Population
Alcona County, MI 10,942
Zip Codes in Alcona County, MI

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

48705, 48721, 48728, 48737, 48738, 48740, 48742, 48745 and 48762

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