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RentData.org Logo Shiawassee County Fair Market Rent FY 2023 Shiawassee County, MI HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Shiawassee County, MI :
$648 $652 $858 $1,162 $1,212
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 Shiawassee County are average compared to the national average. This FMR area is more expensive than 52% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Shiawassee County is $858 per month.

The previous year, rent for a two-bedroom home was $770 per month. This is a 11.43% increase year-over-year.

This FMR rate applies to Shaftsburg, MI, Vernon, MI, Bancroft, MI, Morrice, MI, Corunna, MI and other cities within the region. The Metro Code or CBSA code for this region is METRO29620M26155.

Additionally, This Fair Market Rent (FMR) area Shiawassee County, MI HUD Metro FMR Area spans one county or city in Michigan which is listed in the table below. Estimated population of Shiawassee County, MI HUD Metro FMR Area FMR area is 68,176 people based on latest Census data.

Compared to the rest of Michigan, the Shiawassee County FMR area is more expensive than 53% 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 Shiawassee County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Shiawassee 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 $ 695
1-BR 1-Bedroom $ 700
2-BR 2-Bedroom $ 921
3-BR 3-Bedroom $ 1247
4-BR 4-Bedroom $ 1301
Change Year:
2022 2023 2024 2025

There is just one county (listed below) within the Shiawassee County, MI HUD Metro FMR Area 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
Shiawassee County, MI Metro 68,176
Zip Codes in Shiawassee County, MI HUD Metro FMR Area

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

48414, 48476, 48817, 48857 and 48882

Lookup Fair Market Rent by Zip Code

What's Next?

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