Logo Jackson Fair Market Rent FY 2021 Jackson, MI MSA Rental Data

Fair Market Rent Prices in Jackson, MI :
$626 $709 $829 $1,079 $1,195
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 Jackson are average compared to the national average. This FMR area is more expensive than 72% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Jackson is $829 per month.

The previous year, rent for a two-bedroom home was $796 per month. This is a 4.15% increase year-over-year.

This FMR rate applies to Norvell, MI, Napoleon, MI, Hanover, MI, Munith, MI, Pleasant Lake, MI, Clarklake, MI, Spring Arbor, MI, Michigan Center, MI, Rives Junction, MI, Parma, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO27100M27100.

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

Compared to the rest of Michigan, the Jackson FMR area is more expensive than 77% 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 Jackson. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Jackson

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 $ 668
1-BR 1-Bedroom $ 756
2-BR 2-Bedroom $ 884
3-BR 3-Bedroom $ 1151
4-BR 4-Bedroom $ 1274
Change Year:

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

County / Region Est. Population
Jackson County, MI Metro 0
Zip Codes in Jackson, MI MSA

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

48118, 48158, 49201, 49202, 49203, 49204, 49230, 49234, 49240, 49241, 49254, 49259, 49261, 49263, 49269, 49272, 49277 and 49283

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