Tags: 2024 40th percentile Michigan
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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 Grand Traverse County are Traverse City, Kingsley, Grawn, and Fife Lake. 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 Grand Traverse County use?
No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Grand Traverse County uses 40th percentile Fair Market Rents.
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 Grand Traverse County compare?
Grand Traverse County ($1,232) has a 21.4% higher FMR for 2-Bedroom housing than the average of Michigan ($1,015) and therefore a higher gross rent.
Grand Traverse County is rank 11th out of 83 counties. This means the FMRs, or in other words, the gross rent is higher than 72 other counties. Grand Traverse County is the 11th most expensive county in terms of FMRs.
Rent Tables Grand Traverse County, MI
Fair Market Rent (40th Percentile)
studio
1-Bedroom
2-Bedroom
3-Bedroom
4-Bedroom
Median Rent (50th Percentile)
studio
1-Bedroom
2-Bedroom
3-Bedroom
4-Bedroom
Related Areas
Fair Market Rents on this page apply to the following cities in Grand Traverse County, Michigan: Traverse City, Kingsley, Grawn, Fife Lake, Buckley, Acme, Mayfield, and Old Mission.
These Fair Market Rents also apply to the following ZIP codes in Grand Traverse County, Michigan: 49686, 49649, 49637, 49633, 49620, 49685, 49696, 49610, 49666, and 49673.
More on Grand Traverse County, MI
- Loan Limits to view maximum loan amounts in Grand Traverse County, MI
- Property Taxes to find local Property Taxes
- Income Limits to learn more about income assistance in your area
- Housing Authorites to find your local Housing Authorities
Citation
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Data Source
Fair Market Rents are published by the Department of Housing And Urban Development.