Van Buren 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 Van Buren County are Paw Paw, Hartford, Bangor, and Lawrence. 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 Van Buren County use?

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

Van Buren County ($964) has a 5% lower FMR for 2-Bedroom housing than the average of Michigan ($1,015) and therefore has a lower gross rent.

Van Buren County is rank 40th out of 83 counties. This means the FMRs, or in other words, the gross rent is higher than 43 other counties. Van Buren County is the 40th most expensive county in terms of FMRs.

Rent Tables Van Buren County, MI

Fair Market Rent (40th Percentile)

$653
studio
$734
1-Bedroom
$964
2-Bedroom
$1,255
3-Bedroom
$1,284
4-Bedroom

Median Rent (50th Percentile)

$710
studio
$798
1-Bedroom
$1,048
2-Bedroom
$1,364
3-Bedroom
$1,396
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
49043 $730 $810 $1,070 $1,370 $1,440
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
49043 $657 $729 $963 $1,233 $1,296
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
49043 $803 $891 $1,177 $1,507 $1,584

Fair Market Rents on this page apply to the following cities in Van Buren County, Michigan: Paw Paw, Hartford, Bangor, Lawrence, Covert, Breedsville, Kendall, and Lacota.

These Fair Market Rents also apply to the following ZIP codes in Van Buren County, Michigan: 49079, 49057, 49013, 49064, 49043, 49027, 49062, and 49063.

More on Van Buren 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.