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RentData.org Logo Midland Fair Market Rent FY 2023 Midland, MI MSA Rental Data

Fair Market Rent Prices in Midland, MI :
$715 $746 $978 $1,313 $1,399
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 Midland are high compared to the national average. This FMR area is more expensive than 75% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Midland is $978 per month.

The previous year, rent for a two-bedroom home was $870 per month. This is a 12.41% increase 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 Michigan which is listed in the table below. Estimated population of Midland, MI MSA FMR area is 83,445 people based on latest Census data.

Compared to the rest of Michigan, the Midland FMR area is more expensive than 84% 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 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 $ 757
1-BR 1-Bedroom $ 790
2-BR 2-Bedroom $ 1036
3-BR 3-Bedroom $ 1391
4-BR 4-Bedroom $ 1482
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, MI Metro 83,445
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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