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RentData.org Logo Ionia County Fair Market Rent FY 2020 Ionia County, MI Rental Data

Fair Market Rent Prices in Ionia County, MI :
$579 $582 $767 $975 $1,094
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 Ionia County are average compared to the national average. This FMR area is more expensive than 57% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Ionia County is $767 per month.

The previous year, rent for a two-bedroom home was $768 per month. This is a 0.13% decrease year-over-year.

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 NCNTY26067N26067.

Additionally, This Fair Market Rent (FMR) area Ionia County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Ionia County, MI 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 68% 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 $ 615
1-BR 1-Bedroom $ 619
2-BR 2-Bedroom $ 815
3-BR 3-Bedroom $ 1036
4-BR 4-Bedroom $ 1162
Change Year:
2016 2017 2018 2019 2020 2021

There is just one county (listed below) within the Ionia County, MI 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 64,145
Zip Codes in Ionia County, MI

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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