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RentData.org Logo Mackinac County Fair Market Rent FY 2024 Mackinac County, MI Rental Data

Fair Market Rent Prices in Mackinac County, MI :
$725 $729 $905 $1,094 $1,356
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 Mackinac County are low compared to the national average. This FMR area is less expensive than 62% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Mackinac County is $905 per month.

The previous year, rent for a two-bedroom home was $826 per month. This is a 9.56% increase year-over-year.

This FMR rate applies to Pointe Aux Pins, MI, Gould City, MI, Curtis, MI, Naubinway, MI, Germfask, MI, Mackinac Island, MI, Engadine, MI, Hessel, MI, Saint Ignace, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26097N26097.

Additionally, This Fair Market Rent (FMR) area Mackinac County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Mackinac County, MI FMR area is 10,781 people based on latest Census data.

Compared to the rest of Michigan, the Mackinac County FMR area is less expensive than 74% 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 Mackinac County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Mackinac 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 $ 745
1-BR 1-Bedroom $ 750
2-BR 2-Bedroom $ 930
3-BR 3-Bedroom $ 1124
4-BR 4-Bedroom $ 1393
Change Year:

There is just one county (listed below) within the Mackinac County, MI FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Traverse City - Cadillac and Marquette.

County / Region Est. Population
Mackinac County, MI 10,781
Zip Codes in Mackinac County, MI

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

49745, 49757, 49762, 49775, 49781, 49820, 49827, 49836 and 49838

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