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RentData.org Logo Newaygo County Fair Market Rent FY 2015 Newaygo County, MI HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Newaygo County, MI :
$502 $505 $644 $845 $1,042
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Newaygo County are average compared to the national average. This FMR area is more expensive than 56% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Newaygo County is $644 per month.

The previous year, rent for a two-bedroom home was $637 per month. This is a 1.1% increase year-over-year.

This FMR rate applies to Brohman, MI, Fremont, MI, Walkerville, MI, Hesperia, MI, White Cloud, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO24340N26123.

Additionally, This Fair Market Rent (FMR) area Newaygo County, MI HUD Metro FMR Area spans one county or city in Michigan which is listed in the table below. Estimated population of Newaygo County, MI HUD Metro FMR Area FMR area is 48,460 people based on latest Census data.

Compared to the rest of Michigan, the Newaygo County FMR area is less expensive than 56% 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 Newaygo County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Newaygo 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 $ 530
1-BR 1-Bedroom $ 534
2-BR 2-Bedroom $ 681
3-BR 3-Bedroom $ 894
4-BR 4-Bedroom $ 1102
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

There is just one county (listed below) within the Newaygo 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
Newaygo County, MI Metro 48,460
Zip Codes in Newaygo County, MI HUD Metro FMR Area

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

49312, 49349, 49413, 49421 and 49459

Lookup Fair Market Rent by Zip Code

What's Next?

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