Bay County, MI

2024 Fair Market Rents

Tags: 2024 Bay City, MI MSA

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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 Bay County are Bay City, Midland, Freeland, and Essexville. 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 Bay County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Bay 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 Bay County compare?

Bay County ($937) has a 7.7% lower FMR for 2-Bedroom housing than the average of Michigan ($1,015) and therefore has a lower gross rent.

Bay County is rank 48th out of 83 counties. This means the FMRs, or in other words, the gross rent is lower than 47 other counties. Bay County is the 36th cheapest county in terms of FMRs.

Rent Tables Bay County, MI

Fair Market Rent (40th Percentile)

$731
studio
$736
1-Bedroom
$937
2-Bedroom
$1,246
3-Bedroom
$1,367
4-Bedroom

Median Rent (50th Percentile)

$788
studio
$793
1-Bedroom
$1,009
2-Bedroom
$1,342
3-Bedroom
$1,472
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
48604 $730 $810 $1,070 $1,380 $1,430
48611 $730 $740 $940 $1,250 $1,370
48623 $800 $890 $1,170 $1,510 $1,560
48631 $710 $710 $910 $1,200 $1,320
48634 $710 $710 $910 $1,200 $1,320
48642 $890 $890 $1,170 $1,540 $1,580
48652 $1,010 $1,020 $1,310 $1,730 $1,860
48706 $770 $770 $980 $1,300 $1,430
48707 $730 $740 $940 $1,250 $1,370
48708 $710 $710 $910 $1,200 $1,320
48710 $730 $740 $940 $1,250 $1,370
48732 $710 $710 $910 $1,200 $1,320
48747 $700 $710 $910 $1,200 $1,310
48757 $620 $690 $910 $1,170 $1,210
48623 $800 $890 $1,170 $1,510 $1,560
48634 $710 $710 $910 $1,200 $1,320
48642 $890 $890 $1,170 $1,540 $1,580
48652 $1,010 $1,020 $1,310 $1,730 $1,860
48604 $730 $810 $1,070 $1,380 $1,430
48623 $800 $890 $1,170 $1,510 $1,560
48708 $710 $710 $910 $1,200 $1,320
48747 $700 $710 $910 $1,200 $1,310
48757 $620 $690 $910 $1,170 $1,210
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
48604 $657 $729 $963 $1,242 $1,287
48611 $657 $666 $846 $1,125 $1,233
48623 $720 $801 $1,053 $1,359 $1,404
48631 $639 $639 $819 $1,080 $1,188
48634 $639 $639 $819 $1,080 $1,188
48642 $801 $801 $1,053 $1,386 $1,422
48652 $909 $918 $1,179 $1,557 $1,674
48706 $693 $693 $882 $1,170 $1,287
48707 $657 $666 $846 $1,125 $1,233
48708 $639 $639 $819 $1,080 $1,188
48710 $657 $666 $846 $1,125 $1,233
48732 $639 $639 $819 $1,080 $1,188
48747 $630 $639 $819 $1,080 $1,179
48757 $558 $621 $819 $1,053 $1,089
48623 $720 $801 $1,053 $1,359 $1,404
48634 $639 $639 $819 $1,080 $1,188
48642 $801 $801 $1,053 $1,386 $1,422
48652 $909 $918 $1,179 $1,557 $1,674
48604 $657 $729 $963 $1,242 $1,287
48623 $720 $801 $1,053 $1,359 $1,404
48708 $639 $639 $819 $1,080 $1,188
48747 $630 $639 $819 $1,080 $1,179
48757 $558 $621 $819 $1,053 $1,089
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
48604 $803 $891 $1,177 $1,518 $1,573
48611 $803 $814 $1,034 $1,375 $1,507
48623 $880 $979 $1,287 $1,661 $1,716
48631 $781 $781 $1,001 $1,320 $1,452
48634 $781 $781 $1,001 $1,320 $1,452
48642 $979 $979 $1,287 $1,694 $1,738
48652 $1,111 $1,122 $1,441 $1,903 $2,046
48706 $847 $847 $1,078 $1,430 $1,573
48707 $803 $814 $1,034 $1,375 $1,507
48708 $781 $781 $1,001 $1,320 $1,452
48710 $803 $814 $1,034 $1,375 $1,507
48732 $781 $781 $1,001 $1,320 $1,452
48747 $770 $781 $1,001 $1,320 $1,441
48757 $682 $759 $1,001 $1,287 $1,331
48623 $880 $979 $1,287 $1,661 $1,716
48634 $781 $781 $1,001 $1,320 $1,452
48642 $979 $979 $1,287 $1,694 $1,738
48652 $1,111 $1,122 $1,441 $1,903 $2,046
48604 $803 $891 $1,177 $1,518 $1,573
48623 $880 $979 $1,287 $1,661 $1,716
48708 $781 $781 $1,001 $1,320 $1,452
48747 $770 $781 $1,001 $1,320 $1,441
48757 $682 $759 $1,001 $1,287 $1,331

Fair Market Rents on this page apply to the following cities in Bay County, Michigan: Bay City, Midland, Freeland, Essexville, Saginaw, Auburn, Kawkawlin, Linwood, Reese, Rhodes, Munger, and University Center.

These Fair Market Rents also apply to the following ZIP codes in Bay County, Michigan: 48706, 48642, 48708, 48623, 48732, 48604, 48611, 48631, 48634, 48757, 48652, 48747, 48707, and 48710.

Bay County, MI is considered part of the following metro FMR area: BAY CITY, MI MSA.

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Data Source

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