Logo Schoolcraft County Fair Market Rent FY 2006 Schoolcraft County, MI Rental Data

Fair Market Rent Prices in Schoolcraft County, MI :
$347 $424 $503 $660 $719
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Schoolcraft County are low compared to the national average. This FMR area is less expensive than 58% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Schoolcraft County is $503 per month.

This FMR rate applies to Seney, MI, Gulliver, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26153N26153.

Additionally, This Fair Market Rent (FMR) area Schoolcraft County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Schoolcraft County, MI FMR area is 8,903 people based on latest Census data.

Compared to the rest of Michigan, the Schoolcraft County FMR area is less expensive than 83% 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 Schoolcraft County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Schoolcraft 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 $ 354
1-BR 1-Bedroom $ 445
2-BR 2-Bedroom $ 534
3-BR 3-Bedroom $ 687
4-BR 4-Bedroom $ 745
Change Year:

There is just one county (listed below) within the Schoolcraft County, MI FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Marquette.

County / Region Est. Population
Schoolcraft County, MI 8,903
Zip Codes in Schoolcraft County, MI

There are 2 unique zip codes in this Fair Market Rent (FMR) area:

49840 and 49883

Lookup Fair Market Rent by Zip Code