Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Gratiot County Fair Market Rent FY 2010 Gratiot County, MI Rental Data

Fair Market Rent Prices in Gratiot County, MI :
$490 $492 $588 $784 $876
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 Gratiot County are average compared to the national average. This FMR area is more expensive than 56% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Gratiot County is $588 per month.

The previous year, rent for a two-bedroom home was $577 per month. This is a 1.91% increase year-over-year.

This FMR rate applies to North Star, MI, Elm Hall, MI, Pompeii, MI, Middleton, MI, Brant, MI, Elwell, MI, Sumner, MI, Wheeler, MI, Ashley, MI, Riverdale, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26057N26057.

Additionally, This Fair Market Rent (FMR) area Gratiot County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Gratiot County, MI FMR area is 42,285 people based on latest Census data.

Compared to the rest of Michigan, the Gratiot County FMR area is less expensive than 56% 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 Gratiot County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Gratiot 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 $ 504
1-BR 1-Bedroom $ 505
2-BR 2-Bedroom $ 606
3-BR 3-Bedroom $ 813
4-BR 4-Bedroom $ 897
Change Year:

There is just one county (listed below) within the Gratiot County, MI FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Flint - Saginaw - Bay City and Grand Rapids - Kalmzoo - B. Crk.

County / Region Est. Population
Gratiot County, MI 42,285
Zip Codes in Gratiot County, MI

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

48614, 48615, 48637, 48662, 48801, 48806, 48811, 48830, 48832, 48847, 48856, 48862, 48874, 48877, 48880, 48883, 48889 and 48891

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