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RentData.org Logo Bay City Fair Market Rent FY 2018 Bay City, MI MSA Rental Data

Fair Market Rent Prices in Bay City, MI :
$481 $567 $754 $987 $1,045
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 average compared to the national average. This FMR area is more expensive than 51% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Bay City is $754 per month.

The previous year, rent for a two-bedroom home was $726 per month. This is a 3.86% increase year-over-year.

This FMR rate applies to University Center, MI, Bentley, MI, Munger, MI, Linwood, MI, Kawkawlin, MI, Auburn, MI, Pinconning, MI, Essexville, MI, Bay City, 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 107,771 people based on 2010 Census data.

Compared to the rest of Michigan, the Bay City FMR area is less expensive than 54% 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 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 $ 517
1-BR 1-Bedroom $ 609
2-BR 2-Bedroom $ 810
3-BR 3-Bedroom $ 1060
4-BR 4-Bedroom $ 1122
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 107,771
Zip Codes in Bay City, MI MSA

There are 11 unique zip codes in this Fair Market Rent (FMR) area:

48611, 48613, 48631, 48634, 48650, 48706, 48707, 48708, 48710, 48732 and 48747

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