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RentData.org Logo Hillsdale County Fair Market Rent FY 2020 Hillsdale County, MI Rental Data

Fair Market Rent Prices in Hillsdale County, MI :
$540 $550 $725 $913 $982
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 Hillsdale County are low compared to the national average. This FMR area is less expensive than 70% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Hillsdale County is $725 per month.

The previous year, rent for a two-bedroom home was $716 per month. This is a 1.26% increase year-over-year.

This FMR rate applies to Somerset, MI, Somerset Center, MI, Moscow, MI, Frontier, MI, Mosherville, MI, North Adams, MI, Allen, MI, Waldron, MI, Pittsford, MI, Addison, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26059N26059.

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

Compared to the rest of Michigan, the Hillsdale County FMR area is less expensive than 81% 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 Hillsdale County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Hillsdale 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 $ 572
1-BR 1-Bedroom $ 583
2-BR 2-Bedroom $ 768
3-BR 3-Bedroom $ 967
4-BR 4-Bedroom $ 1040
Change Year:

There is just one county (listed below) within the Hillsdale County, MI FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Toledo and Lansing.

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

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

49220, 49227, 49232, 49233, 49239, 49242, 49246, 49247, 49249, 49250, 49257, 49258, 49262, 49266, 49271, 49281, 49282 and 49288

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