Michigan (22) has the
67th highest rent in the country out of 112 states and territories. The Fair Market Rent in Michigan
ranges from
$905 for a 2-bedroom apartment in
Alcona County, MI
to $1,471 for a 2-bedroom unit in
Ann Arbor, MI MSA.
For FY 2024, the Ann Arbor, MI MSA (Washtenaw County) rent for a studio or efficiency is $1,222 per month and $2,001 per month to rent a house or an apartment with 4 bedrooms.
The average Fair Market Rent for a 2-bedroom home in Michigan is $998 per month.
Approximately 15% of Americans qualify for some level of housing assistance. The population in
Michigan is around 5,534,677 people. So, there are around 830,202 people in Michigan who could be receiving housing benefits from the HUD.
Click on your region in the list below or on the map to see a more detailed break down of rental prices.
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 Michigan.
Fair Market Rent is the 40th-percentile of typical rentals in a given region.
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