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RentData.org Logo Ionia County Fair Market Rent FY 2022 Ionia County, MI HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Ionia County, MI :
$667 $672 $884 $1,097 $1,302
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Ionia County are average compared to the national average. This FMR area is more expensive than 72% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Ionia County is $884 per month.

This FMR rate applies to Palo, MI, Muir, MI, Orleans, MI, Fenwick, MI, Lyons, MI, Clarksville, MI, Saranac, MI, Alto, MI, Belding, MI, Ionia, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO24340M26067.

Additionally, This Fair Market Rent (FMR) area Ionia County, MI HUD Metro FMR Area spans one county or city in Michigan which is listed in the table below. Estimated population of Ionia County, MI HUD Metro FMR Area FMR area is 64,145 people based on latest Census data.

Compared to the rest of Michigan, the Ionia County FMR area is more expensive than 82% 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 Ionia County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Ionia 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 $ 716
1-BR 1-Bedroom $ 721
2-BR 2-Bedroom $ 949
3-BR 3-Bedroom $ 1178
4-BR 4-Bedroom $ 1397
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2022 2023 2024 2025

There is just one county (listed below) within the Ionia County, MI HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Grand Rapids - Kalmzoo - B. Crk.

County / Region Est. Population
Ionia County, MI Metro 64,145
Zip Codes in Ionia County, MI HUD Metro FMR Area

There are 12 unique zip codes in this Fair Market Rent (FMR) area:

48809, 48815, 48834, 48838, 48846, 48851, 48860, 48865, 48870, 48881, 49302 and 49331

Lookup Fair Market Rent by Zip Code

What's Next?

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