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Fair Market Rent Prices in Bay City, MI :
$447 $500 $608 $812 $835
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 Bay City are low compared to the national average. This FMR area is less expensive than 51% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Bay City is $608 per month.

The previous year, rent for a two-bedroom home was $612 per month. This is a 0.65% decrease year-over-year.

This FMR rate applies to University Center, MI, Munger, MI, Rhodes, MI, Reese, MI, Linwood, MI, Kawkawlin, MI, Auburn, MI, Saginaw, MI, Essexville, MI, Freeland, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO13020M13020.

Additionally, This Fair Market Rent (FMR) area Bay City, MI MSA spans one county or city in Michigan which is listed in the table below. Estimated population of Bay City, MI MSA FMR area is 110,157 people based on latest Census data.

Compared to the rest of Michigan, the Bay City FMR area is less expensive than 62% of the state.

Michigan Rents Map

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

Median Rent Prices in Bay City

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 $ 463
1-BR 1-Bedroom $ 535
2-BR 2-Bedroom $ 638
3-BR 3-Bedroom $ 882
4-BR 4-Bedroom $ 907
Change Year:

There is just one county (listed below) within the Bay City, MI MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Flint - Saginaw - Bay City.

County / Region Est. Population
Bay County, MI Metro 110,157
Zip Codes in Bay City, MI MSA

There are 14 unique zip codes in this Fair Market Rent (FMR) area:

48604, 48611, 48623, 48631, 48634, 48642, 48652, 48706, 48707, 48708, 48710, 48732, 48747 and 48757

Lookup Fair Market Rent by Zip Code
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