Muskegon-Norton Shores Fair Market Rent FY 2007 Muskegon-Norton Shores, MI MSA Rental Data

Fair Market Rent prices in Muskegon-Norton Shores are average compared to the national average. This FMR area is more expensive than 57% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Muskegon-Norton Shores is $549 per month.

The previous year, rent for a two-bedroom home was $533 per month. This is a 3% increase 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-Norton Shores, MI MSA spans one county or city in Michigan which is listed in the table below. Estimated population of Muskegon-Norton Shores, MI MSA FMR area is 170,200 people based on latest Census data.

Compared to the rest of Michigan, the Muskegon-Norton Shores FMR area is less expensive than 62% of the state.

Median Rent Prices in Muskegon-Norton Shores

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: