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Big Rapids Mi, MI Market Trends

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Federal Housing Benchmarks — Michigan (2024)

HUD FMR Studio
$928
HUD FMR 1BR
$1,029
HUD FMR 2BR
$1,261
HUD FMR 3BR
$1,600
HUD FMR 4BR
$1,781
HUD FMR 5BR+
$2,049

Census median gross rent: $1,168. Census median home value: $254,200. Housing vacancy rate: 11.5%.

Source: HUD FMR FY2026 + Census ACS 2024 + HUD CHAS. HUD Fair Market Rents are payment standards, not asking rents; 5BR+ estimated as 4BR +15%.

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