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RentData.org Logo Newaygo County Fair Market Rent FY 2011 Newaygo County, MI HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Newaygo County, MI :
$511 $540 $617 $835 $859
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 Newaygo County are average compared to the national average. This FMR area is more expensive than 63% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Newaygo County is $617 per month.

The previous year, rent for a two-bedroom home was $621 per month. This is a 0.64% decrease year-over-year.

This FMR rate applies to Brohman, MI, Fremont, MI, Walkerville, MI, Hesperia, MI, White Cloud, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO24340N26123.

Additionally, This Fair Market Rent (FMR) area Newaygo County, MI HUD Metro FMR Area spans one county or city in Michigan which is listed in the table below. Estimated population of Newaygo County, MI HUD Metro FMR Area FMR area is 47,874 people based on latest Census data.

Compared to the rest of Michigan, the Newaygo County FMR area is more expensive than 61% 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 Newaygo County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Newaygo County

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 $ 538
1-BR 1-Bedroom $ 551
2-BR 2-Bedroom $ 649
3-BR 3-Bedroom $ 879
4-BR 4-Bedroom $ 904
Change Year:

There is just one county (listed below) within the Newaygo County, MI HUD Metro FMR Area 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
Newaygo County, MI Metro 47,874
Zip Codes in Newaygo County, MI HUD Metro FMR Area

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

49312, 49349, 49413, 49421 and 49459

Lookup Fair Market Rent by Zip Code
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