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RentData.org Logo Detroit-Warren-Livonia Fair Market Rent FY 2020 Detroit-Warren-Livonia, MI HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Detroit-Warren-Livonia, MI :
$639 $764 $977 $1,266 $1,376
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Detroit-Warren-Livonia are high compared to the national average. This FMR area is more expensive than 85% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Detroit-Warren-Livonia is $977 per month.

The previous year, rent for a two-bedroom home was $967 per month. This is a 1.03% increase year-over-year.

This FMR rate applies to Drayton Plains, MI, Lakeville, MI, Union Lake, MI, Anchorville, MI, Hadley, MI, Harsens Island, MI, Clifford, MI, Silverwood, MI, Fostoria, MI, Jeddo, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO19820M19820.

Additionally, This Fair Market Rent (FMR) area Detroit-Warren-Livonia, MI HUD Metro FMR Area spans five counties or cities in Michigan which ares listed in the table below. Estimated population of Detroit-Warren-Livonia, MI HUD Metro FMR Area FMR area is 0 people based on 2000 Census data.

Compared to the rest of Michigan, the Detroit-Warren-Livonia FMR area is more expensive than 94% 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 Detroit-Warren-Livonia. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Detroit-Warren-Livonia

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 $ 687
1-BR 1-Bedroom $ 822
2-BR 2-Bedroom $ 1051
3-BR 3-Bedroom $ 1361
4-BR 4-Bedroom $ 1480
Change Year:

The counties, cities, towns, and regions listed below fall into the Detroit-Warren-Livonia, MI HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Detroit and Flint - Saginaw - Bay City.

County / Region Est. Population
Lapeer County, MI Metro 0
Macomb County, MI Metro 0
Oakland County, MI Metro 0
St. Clair County, MI Metro 0
Wayne County, MI Metro 0
Zip Codes in Detroit-Warren-Livonia, MI HUD Metro FMR Area

There are 232 unique zip codes in this Fair Market Rent (FMR) area:

48001, 48002, 48003, 48004, 48005, 48006, 48009, 48012, 48014, 48015, 48017, 48021, 48022, 48023, 48025, 48026, 48027, 48028, 48030, 48032, 48033, 48034, 48035, 48036, 48037, 48038, 48039, 48040, 48041, 48042, 48043, 48044, 48045, 48046, 48047, 48048, 48049, 48050, 48051, 48054, 48059, 48060, 48061, 48062, 48063, 48064, 48065, 48066, 48067, 48068, 48069, 48070, 48071, 48072, 48073, 48074, 48075, 48076, 48079, 48080, 48081, 48082, 48083, 48084, 48085, 48088, 48089, 48090, 48091, 48092, 48093, 48094, 48095, 48096, 48097, 48098, 48099, 48101, 48120, 48121, 48122, 48123, 48124, 48125, 48126, 48127, 48128, 48135, 48136, 48138, 48141, 48146, 48150, 48151, 48152, 48153, 48154, 48165, 48167, 48173, 48174, 48180, 48183, 48184, 48185, 48186, 48187, 48188, 48192, 48193, 48195, 48201, 48202, 48203, 48204, 48205, 48206, 48207, 48208, 48209, 48210, 48211, 48212, 48213, 48214, 48215, 48216, 48217, 48218, 48219, 48220, 48221, 48222, 48223, 48224, 48225, 48226, 48227, 48228, 48229, 48230, 48231, 48232 show more

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