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RentData.org Logo Gogebic County Fair Market Rent FY 2019 Gogebic County, MI Rental Data

Fair Market Rent Prices in Gogebic County, MI :
$525 $579 $700 $987 $1,230
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 50th Percentile Non-Metro

Fair Market Rent prices in Gogebic 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 Gogebic County is $700 per month.

The previous year, rent for a two-bedroom home was $697 per month. This is a 0.43% increase year-over-year.

This FMR rate applies to Ramsay, MI, Marenisco, MI, Watersmeet, MI, Wakefield, MI, Bessemer, MI, Ironwood, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26053N26053.

Additionally, This Fair Market Rent (FMR) area Gogebic County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Gogebic County, MI FMR area is 16,427 people based on latest Census data.

Compared to the rest of Michigan, the Gogebic County FMR area is more expensive than 70% 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 Gogebic County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Gogebic 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 $ 525
1-BR 1-Bedroom $ 579
2-BR 2-Bedroom $ 700
3-BR 3-Bedroom $ 987
4-BR 4-Bedroom $ 1230
Change Year:

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

County / Region Est. Population
Gogebic County, MI 16,427
Zip Codes in Gogebic County, MI

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

49911, 49938, 49947, 49959, 49968 and 49969

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