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RentData.org Logo Muskegon Fair Market Rent FY 2016 Muskegon, MI MSA Rental Data

Fair Market Rent Prices in Muskegon, MI :
$501 $568 $760 $1,059 $1,078
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 Muskegon are average compared to the national average. This FMR area is more expensive than 74% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Muskegon is $760 per month.

This FMR rate applies to Bailey, MI, Holton, MI, Nunica, MI, Ravenna, MI, Fruitport, MI, Montague, MI, Coopersville, MI, Whitehall, MI, Twin Lake, MI, Fremont, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO34740M34740.

Additionally, This Fair Market Rent (FMR) area Muskegon, MI MSA spans one county or city in Michigan which is listed in the table below. Estimated population of Muskegon, MI MSA FMR area is 172,188 people based on latest Census data.

Compared to the rest of Michigan, the Muskegon FMR area is more expensive than 85% 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 Muskegon. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Muskegon

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 $ 544
1-BR 1-Bedroom $ 616
2-BR 2-Bedroom $ 825
3-BR 3-Bedroom $ 1150
4-BR 4-Bedroom $ 1170
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Muskegon, MI MSA 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
Muskegon, MI Metro 172,188
Zip Codes in Muskegon, MI MSA

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

49303, 49404, 49412, 49415, 49425, 49437, 49440, 49441, 49442, 49443, 49444, 49445, 49448, 49451, 49456, 49457 and 49461

Lookup Fair Market Rent by Zip Code

What's Next?

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