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RentData.org Logo Keweenaw County Fair Market Rent FY 2023 Keweenaw County, MI Rental Data

Fair Market Rent Prices in Keweenaw County, MI :
$571 $653 $826 $1,169 $1,174
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 Keweenaw County are low compared to the national average. This FMR area is less expensive than 58% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Keweenaw County is $826 per month.

The previous year, rent for a two-bedroom home was $757 per month. This is a 9.11% increase year-over-year.

This FMR rate applies to Ahmeek, MI, Copper Harbor, MI, Mohawk, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26083N26083.

Additionally, This Fair Market Rent (FMR) area Keweenaw County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Keweenaw County, MI FMR area is 2,102 people based on latest Census data.

Compared to the rest of Michigan, the Keweenaw County FMR area is less expensive than 70% 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 Keweenaw County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Keweenaw 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 $ 606
1-BR 1-Bedroom $ 693
2-BR 2-Bedroom $ 877
3-BR 3-Bedroom $ 1242
4-BR 4-Bedroom $ 1246
Change Year:

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

County / Region Est. Population
, MI 2,102
Zip Codes in Keweenaw County, MI

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

49901, 49918 and 49950

Lookup Fair Market Rent by Zip Code
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