Hillsdale 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 Hillsdale County are Hillsdale, Jonesville, Hudson, and Horton. 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 Hillsdale County use?

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

Hillsdale County ($952) has a 6.2% lower FMR for 2-Bedroom housing than the average of Michigan ($1,015) and therefore has a lower gross rent.

Hillsdale County is rank 43rd out of 83 counties. This means the FMRs, or in other words, the gross rent is lower than 42 other counties. Hillsdale County is the 41st cheapest county in terms of FMRs.

Rent Tables Hillsdale County, MI

Fair Market Rent (40th Percentile)

$720
studio
$725
1-Bedroom
$952
2-Bedroom
$1,199
3-Bedroom
$1,306
4-Bedroom

Median Rent (50th Percentile)

$749
studio
$753
1-Bedroom
$990
2-Bedroom
$1,247
3-Bedroom
$1,358
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
49233 $800 $960 $1,160 $1,530 $1,750
49246 $850 $1,010 $1,230 $1,620 $1,850
49249 $820 $970 $1,180 $1,550 $1,780
49250 $700 $830 $1,010 $1,330 $1,520
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
49233 $720 $864 $1,044 $1,377 $1,575
49246 $765 $909 $1,107 $1,458 $1,665
49249 $738 $873 $1,062 $1,395 $1,602
49250 $630 $747 $909 $1,197 $1,368
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
49233 $880 $1,056 $1,276 $1,683 $1,925
49246 $935 $1,111 $1,353 $1,782 $2,035
49249 $902 $1,067 $1,298 $1,705 $1,958
49250 $770 $913 $1,111 $1,463 $1,672

Fair Market Rents on this page apply to the following cities in Hillsdale County, Michigan: Hillsdale, Jonesville, Hudson, Horton, Jerome, Osseo, Cement City, Camden, Addison, Pittsford, Waldron, Allen, North Adams, Mosherville, Moscow, Frontier, Somerset, and Somerset Center.

These Fair Market Rents also apply to the following ZIP codes in Hillsdale County, Michigan: 49242, 49250, 49247, 49246, 49249, 49266, 49233, 49232, 49220, 49271, 49288, 49227, 49262, 49258, 49257, 49239, 49281, and 49282.

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Data Source

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