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Average Fair Market Rent Prices in Michigan:
$653 $653 $757 $983 $1,161
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Michigan (MI) has the 40th highest rent in the country out of 56 states and territories. The Fair Market Rent in Michigan is $757 for a 2-bedroom apartment in Alcona County, MI.

For FY 2022, the Alcona County, MI (Alcona County) rent for a studio or efficiency is $653 per month and $1,161 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Michigan is $757 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Michigan is around 10,415 people. So, there are around 1,562 people in Michigan who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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 Michigan. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Michigan Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Michigan
Change Year:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
$653 $653 $757 $983 $1,161 10,415
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