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

Fair Market Rent Prices in Muskegon, MI :
$571 $593 $781 $1,022 $1,058
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 Muskegon are average compared to the national average. This FMR area is more expensive than 59% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Muskegon is $781 per month.

The previous year, rent for a two-bedroom home was $796 per month. This is a 1.88% decrease year-over-year.

This FMR rate applies to Bailey, MI, Holton, MI, Nunica, MI, Ravenna, MI, Fruitport, MI, Montague, MI, Coopersville, MI, Whitehall, MI, Twin Lake, MI, Fremont, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO34740M34740.

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

Compared to the rest of Michigan, the Muskegon FMR area is more expensive than 70% 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 Muskegon. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Muskegon

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 $ 610
1-BR 1-Bedroom $ 633
2-BR 2-Bedroom $ 834
3-BR 3-Bedroom $ 1091
4-BR 4-Bedroom $ 1130
Change Year:

There is just one county (listed below) within the Muskegon, MI MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Grand Rapids - Kalmzoo - B. Crk.

County / Region Est. Population
Muskegon County, MI Metro 0
Zip Codes in Muskegon, MI MSA

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

49303, 49404, 49412, 49415, 49425, 49437, 49440, 49441, 49442, 49443, 49444, 49445, 49448, 49451, 49456, 49457 and 49461

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