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RentData.org Logo Saginaw Fair Market Rent FY 2021 Saginaw, MI MSA Rental Data

Fair Market Rent Prices in Saginaw, MI :
$546 $632 $827 $1,030 $1,139
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 Saginaw are average compared to the national average. This FMR area is more expensive than 61% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Saginaw is $827 per month.

The previous year, rent for a two-bedroom home was $773 per month. This is a 6.99% increase year-over-year.

This FMR rate applies to Carrollton, MI, Henderson, MI, Oakley, MI, Bridgeport, MI, Saint Charles, MI, Chesaning, MI, Frankenmuth, MI, Vassar, MI, Owosso, MI, Saginaw, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO40980M40980.

Additionally, This Fair Market Rent (FMR) area Saginaw, MI MSA spans one county or city in Michigan which is listed in the table below. Estimated population of Saginaw, MI MSA FMR area is 193,805 people based on latest Census data.

Compared to the rest of Michigan, the Saginaw FMR area is more expensive than 64% 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 Saginaw. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Saginaw

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 $ 579
1-BR 1-Bedroom $ 671
2-BR 2-Bedroom $ 878
3-BR 3-Bedroom $ 1094
4-BR 4-Bedroom $ 1209
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Saginaw, MI MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Flint - Saginaw - Bay City.

County / Region Est. Population
Saginaw, MI Metro 193,805
Zip Codes in Saginaw, MI MSA

There are 20 unique zip codes in this Fair Market Rent (FMR) area:

48601, 48602, 48603, 48605, 48606, 48607, 48608, 48609, 48616, 48638, 48649, 48655, 48663, 48722, 48724, 48734, 48768, 48787, 48841 and 48867

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What's Next?

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