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RentData.org Logo Midland Fair Market Rent FY 2020 Midland, MI MSA Rental Data

Fair Market Rent Prices in Midland, MI :
$525 $611 $805 $1,142 $1,286
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Midland 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 Midland is $805 per month.

The previous year, rent for a two-bedroom home was $821 per month. This is a 1.95% decrease year-over-year.

This FMR rate applies to Edenville, MI, Hemlock, MI, Sanford, MI, Midland, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO33220M33220.

Additionally, This Fair Market Rent (FMR) area Midland, MI MSA spans one county or city in which is listed in the table below. Estimated population of Midland, MI MSA FMR area is 83,490 people based on latest Census data.

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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 Midland. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Midland

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 $ 541
1-BR 1-Bedroom $ 630
2-BR 2-Bedroom $ 830
3-BR 3-Bedroom $ 1178
4-BR 4-Bedroom $ 1326
Change Year:

There is just one county (listed below) within the Midland, MI MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Flint - Saginaw - Bay City.

County / Region Est. Population
Midland County, MI Metro 83,490
Zip Codes in Midland, MI MSA

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

48620, 48626, 48640, 48641, 48657, 48667, 48670 and 48674

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