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RentData.org Logo Newaygo County Fair Market Rent FY 2017 Newaygo County, MI Rental Data

Fair Market Rent Prices in Newaygo County, MI :
$506 $549 $715 $938 $986
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 Newaygo County are low compared to the national average. This FMR area is less expensive than 53% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Newaygo County is $715 per month.

The previous year, rent for a two-bedroom home was $658 per month. This is a 8.66% 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 NCNTY26123N26123.

Additionally, This Fair Market Rent (FMR) area Newaygo County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Newaygo County, MI 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 59% 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 $ 528
1-BR 1-Bedroom $ 573
2-BR 2-Bedroom $ 746
3-BR 3-Bedroom $ 979
4-BR 4-Bedroom $ 1028
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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

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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