Logo Merced Fair Market Rent FY 2015 Merced, CA MSA Rental Data

Fair Market Rent Prices in Merced, CA :
$498 $577 $759 $1,118 $1,344
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 Merced are high compared to the national average. This FMR area is more expensive than 84% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Merced is $759 per month.

The previous year, rent for a two-bedroom home was $795 per month. This is a 4.53% decrease 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 California which is listed in the table below. Estimated population of Merced, CA MSA FMR area is 255,793 people based on latest Census data.

Compared to the rest of California, the Merced FMR area is less expensive than 90% 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 Merced. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

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.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 530
1-BR 1-Bedroom $ 614
2-BR 2-Bedroom $ 808
3-BR 3-Bedroom $ 1191
4-BR 4-Bedroom $ 1431
Change Year:

There is just one county (listed below) within the Merced, CA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Fresno - Visalia and Sacramnto - Stktn - Modesto.

County / Region Est. Population
Merced, CA Metro 255,793
Zip Codes in Merced, CA MSA

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

93635, 93661, 93665, 95301, 95303, 95312, 95315, 95316, 95317, 95322, 95324, 95333, 95334, 95340, 95341, 95343, 95344, 95348, 95360, 95365, 95374, 95380 and 95388

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