Logo Niles-Benton Harbor Fair Market Rent FY 2022 Niles-Benton Harbor, MI MSA Rental Data

Fair Market Rent Prices in Niles-Benton Harbor, MI :
$646 $655 $845 $1,094 $1,252
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 50th Percentile Metro Area

Fair Market Rent prices in Niles-Benton Harbor are average compared to the national average. This FMR area is more expensive than 69% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Niles-Benton Harbor is $845 per month.

The previous year, rent for a two-bedroom home was $801 per month. This is a 5.49% increase year-over-year.

This FMR rate applies to Harbert, MI, Lakeside, MI, Riverside, MI, New Troy, MI, Union Pier, MI, Berrien Center, MI, Sodus, MI, Galien, MI, Sawyer, MI, Baroda, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO35660M35660.

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

Compared to the rest of Michigan, the Niles-Benton Harbor FMR area is more expensive than 74% 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 Niles-Benton Harbor. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Niles-Benton Harbor

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 $ 695
1-BR 1-Bedroom $ 705
2-BR 2-Bedroom $ 909
3-BR 3-Bedroom $ 1177
4-BR 4-Bedroom $ 1347
Change Year:

There is just one county (listed below) within the Niles-Benton Harbor, MI MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: South Bend - Elkhart.

County / Region Est. Population
, MI Metro 0
Zip Codes in Niles-Benton Harbor, MI MSA

There are 25 unique zip codes in this Fair Market Rent (FMR) area:

49022, 49023, 49038, 49047, 49084, 49085, 49098, 49101, 49102, 49103, 49104, 49106, 49107, 49111, 49113, 49115, 49116, 49117, 49119, 49120, 49125, 49126, 49127, 49128 and 49129

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