Merced Fair Market Rent FY 2007 Merced, CA MSA Rental Data

Fair Market Rent prices in Merced are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Merced is $657 per month.

The previous year, rent for a two-bedroom home was $635 per month. This is a 3.46% increase year-over-year.

This FMR rate applies to Santa Rita Park, CA, Cressey, CA, South Dos Palos, CA, Ballico, CA, El Nido, CA, Stevinson, CA, Le Grand, CA, Planada, CA, Denair, CA, Hilmar, CA and other cities within the region. The Metro Code or CBSA code for this region is METRO32900M32900.

Additionally, This Fair Market Rent (FMR) area Merced, CA MSA spans one county or city in which is listed in the table below. Estimated population of Merced, CA MSA FMR area is 210,554 people based on latest Census data.

Median Rent Prices in Merced

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.

50^th Percentile Rental Prices: