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RentData.org Logo Presque Isle County Fair Market Rent FY 2023 Presque Isle County, MI Rental Data

Fair Market Rent Prices in Presque Isle County, MI :
$571 $628 $826 $1,071 $1,261
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 Presque Isle 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 Presque Isle County is $826 per month.

The previous year, rent for a two-bedroom home was $757 per month. This is a 9.11% increase year-over-year.

This FMR rate applies to Hawks, MI, Millersburg, MI, Presque Isle, MI, Rogers City, MI and other cities within the region. The Metro Code or CBSA code for this region is NCNTY26141N26141.

Additionally, This Fair Market Rent (FMR) area Presque Isle County, MI spans one county or city in Michigan which is listed in the table below. Estimated population of Presque Isle County, MI FMR area is 12,687 people based on latest Census data.

Compared to the rest of Michigan, the Presque Isle County FMR area is less expensive than 75% 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 Presque Isle County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Presque Isle 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 $ 606
1-BR 1-Bedroom $ 666
2-BR 2-Bedroom $ 877
3-BR 3-Bedroom $ 1137
4-BR 4-Bedroom $ 1339
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 Presque Isle County, MI FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Traverse City - Cadillac.

County / Region Est. Population
Presque Isle County, MI 12,687
Zip Codes in Presque Isle County, MI

There are 4 unique zip codes in this Fair Market Rent (FMR) area:

49743, 49759, 49777 and 49779

Lookup Fair Market Rent by Zip Code

What's Next?

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