Logo Mason County Fair Market Rent FY 2022 Mason County, MI Rental Data

Fair Market Rent Prices in Mason County, MI :
$576 $588 $774 $973 $1,050
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 50th Percentile Non-Metro

Fair Market Rent prices in Mason County are low compared to the national average. This FMR area is less expensive than 66% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Mason County is $774 per month.

The previous year, rent for a two-bedroom home was $803 per month. This is a 3.61% decrease year-over-year.

This FMR rate applies to Walhalla, MI, Custer, MI, Fountain, MI, Pentwater, MI, Scottville, MI, Hart, MI, Ludington, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26105N26105.

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

Compared to the rest of Michigan, the Mason County FMR area is less expensive than 83% 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 Mason County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Mason 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 $ 603
1-BR 1-Bedroom $ 616
2-BR 2-Bedroom $ 811
3-BR 3-Bedroom $ 1020
4-BR 4-Bedroom $ 1100
Change Year:

There is just one county (listed below) within the Mason County, MI FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Traverse City - Cadillac and Grand Rapids - Kalmzoo - B. Crk.

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

There are 7 unique zip codes in this Fair Market Rent (FMR) area:

49405, 49410, 49420, 49431, 49449, 49454 and 49458

Lookup Fair Market Rent by Zip Code