Allegan County, MI

2024 Fair Market Rents

Tags: 2024 Michigan

Return to the state page to see where Michigan ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Allegan County are Holland, Hudsonville, Zeeland, and Byron Center. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Allegan County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Allegan County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Allegan County compare?

Allegan County ($1,101) has a 8.5% higher FMR for 2-Bedroom housing than the average of Michigan ($1,015) and therefore a higher gross rent.

Allegan County is rank 16th out of 83 counties. This means the FMRs, or in other words, the gross rent is higher than 67 other counties. Allegan County is the 16th most expensive county in terms of FMRs.

Rent Tables Allegan County, MI

Fair Market Rent (40th Percentile)

$832
studio
$838
1-Bedroom
$1,101
2-Bedroom
$1,427
3-Bedroom
$1,466
4-Bedroom

Median Rent (50th Percentile)

$890
studio
$896
1-Bedroom
$1,177
2-Bedroom
$1,525
3-Bedroom
$1,568
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
49315 $1,180 $1,230 $1,480 $1,930 $2,120
49316 $1,300 $1,360 $1,630 $2,130 $2,340
49323 $940 $1,000 $1,200 $1,560 $1,740
49333 $1,170 $1,220 $1,460 $1,900 $2,090
49348 $1,060 $1,110 $1,330 $1,730 $1,910
49315 $1,180 $1,230 $1,480 $1,930 $2,120
49323 $940 $1,000 $1,200 $1,560 $1,740
49423 $940 $1,120 $1,270 $1,680 $1,790
49426 $960 $1,150 $1,300 $1,720 $1,830
49464 $890 $1,070 $1,210 $1,600 $1,700
49078 $780 $950 $1,140 $1,520 $1,600
49080 $670 $810 $980 $1,310 $1,380
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
49315 $1,062 $1,107 $1,332 $1,737 $1,908
49316 $1,170 $1,224 $1,467 $1,917 $2,106
49323 $846 $900 $1,080 $1,404 $1,566
49333 $1,053 $1,098 $1,314 $1,710 $1,881
49348 $954 $999 $1,197 $1,557 $1,719
49315 $1,062 $1,107 $1,332 $1,737 $1,908
49323 $846 $900 $1,080 $1,404 $1,566
49423 $846 $1,008 $1,143 $1,512 $1,611
49426 $864 $1,035 $1,170 $1,548 $1,647
49464 $801 $963 $1,089 $1,440 $1,530
49078 $702 $855 $1,026 $1,368 $1,440
49080 $603 $729 $882 $1,179 $1,242
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
49315 $1,298 $1,353 $1,628 $2,123 $2,332
49316 $1,430 $1,496 $1,793 $2,343 $2,574
49323 $1,034 $1,100 $1,320 $1,716 $1,914
49333 $1,287 $1,342 $1,606 $2,090 $2,299
49348 $1,166 $1,221 $1,463 $1,903 $2,101
49315 $1,298 $1,353 $1,628 $2,123 $2,332
49323 $1,034 $1,100 $1,320 $1,716 $1,914
49423 $1,034 $1,232 $1,397 $1,848 $1,969
49426 $1,056 $1,265 $1,430 $1,892 $2,013
49464 $979 $1,177 $1,331 $1,760 $1,870
49078 $858 $1,045 $1,254 $1,672 $1,760
49080 $737 $891 $1,078 $1,441 $1,518

Fair Market Rents on this page apply to the following cities in Allegan County, Michigan: Holland, Hudsonville, Zeeland, Byron Center, Caledonia, Allegan, Plainwell, South Haven, Wayland, Middleville, Dorr, Otsego, Fennville, Hamilton, Gobles, Hopkins, Grand Junction, Shelbyville, Saugatuck, and Pullman.

These Fair Market Rents also apply to the following ZIP codes in Allegan County, Michigan: 49423, 49426, 49464, 49315, 49316, 49010, 49080, 49090, 49348, 49333, 49323, 49078, 49408, 49419, 49055, 49328, 49056, 49344, 49453, and 49450.

More on Allegan County, MI

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

Fair Market Rents are published by the Department of Housing And Urban Development.