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

Fair Market Rent Prices in Mason County, MI :
$675 $740 $965 $1,234 $1,285
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 Mason County are low compared to the national average. This FMR area is less expensive than 54% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Mason County is $965 per month.

The previous year, rent for a two-bedroom home was $871 per month. This is a 10.79% increase year-over-year.

This FMR rate applies to Walhalla, MI, Custer, MI, Fountain, MI, Pentwater, MI, Scottville, MI, Hart, MI, Ludington, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26105N26105.

Additionally, This Fair Market Rent (FMR) area Mason County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Mason County, MI FMR area is 29,062 people based on latest Census data.

Compared to the rest of Michigan, the Mason County FMR area is less expensive than 61% of the state.

Michigan Rents Map

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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 Mason County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Mason 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 $ 702
1-BR 1-Bedroom $ 770
2-BR 2-Bedroom $ 1004
3-BR 3-Bedroom $ 1284
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 Mason County, MI FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Traverse City - Cadillac and Grand Rapids - Kalmzoo - B. Crk.

County / Region Est. Population
Mason County, MI 29,062
Zip Codes in Mason County, MI

There are 7 unique zip codes in this Fair Market Rent (FMR) area:

49405, 49410, 49420, 49431, 49449, 49454 and 49458

Lookup Fair Market Rent by Zip Code

What's Next?

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