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

Fair Market Rent Prices in Clare County, MI :
$503 $557 $734 $990 $1,071
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 Clare 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 Clare County is $734 per month.

The previous year, rent for a two-bedroom home was $713 per month. This is a 2.95% increase year-over-year.

This FMR rate applies to Lake George, MI, Sears, MI, Marion, MI, Lake, MI, Farwell, MI, Clare, MI, Beaverton, MI, Harrison, MI, Gladwin, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26035N26035.

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

Compared to the rest of Michigan, the Clare County FMR area is less expensive than 84% 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 Clare County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Clare 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 $ 510
1-BR 1-Bedroom $ 565
2-BR 2-Bedroom $ 744
3-BR 3-Bedroom $ 1003
4-BR 4-Bedroom $ 1086
Change Year:

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

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

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

48612, 48617, 48622, 48624, 48625, 48632, 48633, 49665 and 49679

Lookup Fair Market Rent by Zip Code