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RentData.org Logo Houghton County Fair Market Rent FY 2022 Houghton County, MI Rental Data

Fair Market Rent Prices in Houghton County, MI :
$503 $612 $757 $1,075 $1,296
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 Houghton County are average compared to the national average. This FMR area is more expensive than 58% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Houghton County is $757 per month.

The previous year, rent for a two-bedroom home was $734 per month. This is a 3.13% increase year-over-year.

This FMR rate applies to Allouez, MI, Painesdale, MI, Toivola, MI, Copper City, MI, Dodgeville, MI, Sidnaw, MI, Trout Creek, MI, Hubbell, MI, South Range, MI, Dollar Bay, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26061N26061.

Additionally, This Fair Market Rent (FMR) area Houghton County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Houghton County, MI FMR area is 36,335 people based on latest Census data.

Compared to the rest of Michigan, the Houghton County FMR area is more expensive than 63% 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 Houghton County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Houghton 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 $ 519
1-BR 1-Bedroom $ 632
2-BR 2-Bedroom $ 781
3-BR 3-Bedroom $ 1109
4-BR 4-Bedroom $ 1337
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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

County / Region Est. Population
Houghton County, MI 36,335
Zip Codes in Houghton County, MI

There are 16 unique zip codes in this Fair Market Rent (FMR) area:

49805, 49905, 49913, 49916, 49917, 49921, 49922, 49930, 49931, 49934, 49945, 49955, 49961, 49963, 49965 and 49967

Lookup Fair Market Rent by Zip Code

What's Next?

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