Logo Kalamazoo-Portage Fair Market Rent FY 2022 Kalamazoo-Portage, MI MSA Rental Data

Fair Market Rent Prices in Kalamazoo-Portage, MI :
$613 $711 $879 $1,160 $1,252
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 50th 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 $879 per month.

The previous year, rent for a two-bedroom home was $881 per month. This is a 0.23% decrease year-over-year.

This FMR rate applies to Nazareth, MI, Oshtemo, MI, Comstock, MI, Mendon, MI, Scotts, MI, Schoolcraft, MI, Lawton, MI, Galesburg, MI, Mattawan, MI, Vicksburg, 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 one county or city in Michigan which is listed in the table below. Estimated population of Kalamazoo-Portage, MI MSA FMR area is 0 people based on 2000 Census data.

Compared to the rest of Michigan, the Kalamazoo-Portage FMR area is more expensive than 80% 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 $ 653
1-BR 1-Bedroom $ 758
2-BR 2-Bedroom $ 937
3-BR 3-Bedroom $ 1237
4-BR 4-Bedroom $ 1335
Change Year:

There is just one county (listed below) within the Kalamazoo-Portage, MI MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Grand Rapids - Kalmzoo - B. Crk.

County / Region Est. Population
, MI Metro 0
Zip Codes in Kalamazoo-Portage, MI MSA

There are 23 unique zip codes in this Fair Market Rent (FMR) area:

49001, 49002, 49003, 49004, 49005, 49006, 49007, 49008, 49009, 49019, 49024, 49041, 49048, 49053, 49065, 49071, 49072, 49074, 49077, 49081, 49087, 49088 and 49097

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