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RentData.org Logo Detroit-Warren-Livonia Fair Market Rent FY 2023 Detroit-Warren-Livonia, MI HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Detroit-Warren-Livonia, MI :
$845 $952 $1,213 $1,511 $1,629
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 88% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Detroit-Warren-Livonia is $1,213 per month.

The previous year, rent for a two-bedroom home was $1,084 per month. This is a 11.9% increase year-over-year.

This FMR rate applies to Hadley, MI, Clifford, MI, Silverwood, MI, Fostoria, MI, Capac, MI, Mayville, MI, Brown City, MI, Marlette, MI, Dryden, MI, Attica, 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 one county or city in Michigan which is listed in the table below. Estimated population of Detroit-Warren-Livonia, MI HUD Metro FMR Area FMR area is 87,975 people based on latest 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 $ 909
1-BR 1-Bedroom $ 1024
2-BR 2-Bedroom $ 1304
3-BR 3-Bedroom $ 1624
4-BR 4-Bedroom $ 1752
Change Year:

There is just one county (listed below) within the Detroit-Warren-Livonia, MI HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Detroit and Flint - Saginaw - Bay City.

County / Region Est. Population
Detroit-Warren-Livonia, MI Metro 87,975
Zip Codes in Detroit-Warren-Livonia, MI HUD Metro FMR Area

There are 16 unique zip codes in this Fair Market Rent (FMR) area:

48003, 48014, 48371, 48412, 48416, 48428, 48435, 48440, 48444, 48446, 48453, 48455, 48461, 48727, 48744 and 48760

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