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RentData.org Logo Kalamazoo-Portage Fair Market Rent FY 2019 Kalamazoo-Portage, MI MSA Rental Data

Fair Market Rent Prices in Kalamazoo-Portage, MI :
$539 $644 $795 $1,085 $1,182
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 Kalamazoo-Portage 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 Kalamazoo-Portage is $795 per month.

The previous year, rent for a two-bedroom home was $810 per month. This is a 1.85% decrease year-over-year.

This FMR rate applies to Nazareth, MI, Kendall, MI, Oshtemo, MI, Lacota, MI, Breedsville, MI, Comstock, MI, Covert, MI, Mendon, MI, Lawrence, MI, Scotts, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO28020M28020.

Additionally, This Fair Market Rent (FMR) area Kalamazoo-Portage, MI MSA spans two counties or cities in Michigan which ares listed in the table below. Estimated population of Kalamazoo-Portage, MI MSA FMR area is 326,589 people based on 2010 Census data.

Compared to the rest of Michigan, the Kalamazoo-Portage FMR area is more expensive than 79% 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 Kalamazoo-Portage. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Kalamazoo-Portage

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 $
1-BR 1-Bedroom $
2-BR 2-Bedroom $
3-BR 3-Bedroom $
4-BR 4-Bedroom $
Change Year:

The counties, cities, towns, and regions listed below fall into the Kalamazoo-Portage, MI MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Grand Rapids - Kalmzoo - B. Crk.

County / Region Est. Population
Kalamazoo County, MI Metro 250,331
Van Buren County, MI Metro 76,258
Zip Codes in Kalamazoo-Portage, MI MSA

There are 31 unique zip codes in this Fair Market Rent (FMR) area:

49001, 49002, 49003, 49004, 49005, 49006, 49007, 49008, 49009, 49013, 49019, 49024, 49027, 49041, 49043, 49048, 49053, 49057, 49062, 49063, 49064, 49065, 49071, 49072, 49074, 49077, 49079, 49081, 49087, 49088 and 49097

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