The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Montcalm County, MI HUD Metro FMR Area, MI

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Montcalm County, MI HUD Metro FMR Area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $647 to a high of $791, with an average of $719.
One-bedroom: One-bedroom rental prices vary, with a minimum of $736, a maximum of $900, and an average of $818.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $896, peaking at a maximum of $1,096, and averaging at $996.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,111, a maximum of $1,357, and an average of $1,234.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,223 to a maximum of $1,495, with an average of $1,359.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Montcalm County, MI HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Montcalm County, MI HUD Metro FMR Area, MI Low Rent (90%) $647 $736 $896 $1,111 $1,223
Average Rent $719 $818 $996 $1,234 $1,359
High Rent(110%) $791 $900 $1,096 $1,357 $1,495
2023 Montcalm County, MI HUD Metro FMR Area, MI Low Rent (90%) $626 $680 $830 $1,022 $1,234
Average Rent $696 $756 $922 $1,136 $1,371
High Rent (110%) $766 $832 $1,014 $1,250 $1,508
2022 Montcalm County, MI HUD Metro FMR Area, MI Low Rent (90%) $547 $575 $704 $880 $1,107
Average Rent $608 $639 $782 $978 $1,230
High Rent(110%) $669 $703 $860 $1,076 $1,353
2021 Montcalm County, MI HUD Metro FMR Area, MI Low Rent (90%) $571 $579 $711 $908 $1,171
Average Rent $634 $643 $790 $1,009 $1,301
High Rent (110%) $697 $707 $869 $1,110 $1,431
2020 Montcalm County, MI HUD Metro FMR Area, MI Low Rent (90%) $536 $538 $673 $872 $1,096
Average Rent $595 $598 $748 $969 $1,218
High Rent(110%) $655 $658 $823 $1,066 $1,340
2019 Montcalm County, MI HUD Metro FMR Area, MI Low Rent (90%) $533 $536 $682 $912 $1,107
Average Rent $592 $596 $758 $1,013 $1,230
High Rent (110%) $651 $656 $834 $1,114 $1,353
2018 Montcalm County, MI HUD Metro FMR Area, MI Low Rent (90%) $461 $525 $669 $911 $1,075
Average Rent $512 $583 $743 $1,012 $1,194
High Rent(110%) $563 $641 $817 $1,113 $1,313
2017 Montcalm County, MI HUD Metro FMR Area, MI Low Rent (90%) $418 $483 $613 $868 $1,019
Average Rent $464 $537 $681 $964 $1,132
High Rent (110%) $510 $591 $749 $1,060 $1,245


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