Logo Chippewa County Fair Market Rent FY 2021 Chippewa County, MI Rental Data

Fair Market Rent Prices in Chippewa County, MI :
$507 $584 $769 $956 $1,043
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 Chippewa County are low compared to the national average. This FMR area is less expensive than 64% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Chippewa County is $769 per month.

The previous year, rent for a two-bedroom home was $713 per month. This is a 7.85% increase year-over-year.

This FMR rate applies to Barbeau, MI, Hulbert, MI, Kinross, MI, Trout Lake, MI, Paradise, MI, Eckerman, MI, Goetzville, MI, De Tour Village, MI, Moran, MI, Drummond Island, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26033N26033.

Additionally, This Fair Market Rent (FMR) area Chippewa County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Chippewa County, MI FMR area is 0 people based on 2000 Census data.

Compared to the rest of Michigan, the Chippewa County FMR area is less expensive than 82% 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 Chippewa County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Chippewa 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 $ 552
1-BR 1-Bedroom $ 635
2-BR 2-Bedroom $ 836
3-BR 3-Bedroom $ 1040
4-BR 4-Bedroom $ 1134
Change Year:

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

County / Region Est. Population
Chippewa County, MI 0
Zip Codes in Chippewa County, MI

There are 18 unique zip codes in this Fair Market Rent (FMR) area:

49710, 49715, 49719, 49724, 49725, 49726, 49728, 49736, 49748, 49752, 49760, 49768, 49774, 49780, 49783, 49788, 49793 and 49868

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