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Rent by ZIP · Gogebic County

Rent in Wakefield, MI 49968

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,010 (+1% vs FY2026). Renters in this ZIP code pay a median $656 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$710$7100%$639–781–
1 bedroom$820$780+5.1%$738–902$294 ±$101
2 bedrooms$1,010$1,000+1%$909–1,111$674 ±$35
3 bedrooms$1,410$1,390+1.4%$1,269–1,551$1,058 ±$120
4 bedrooms$1,510$1,450+4.1%$1,359–1,661–

Small Area FMRs for the Gogebic County, MI. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Gogebic County, MI, 2 bedrooms: $1,014.

What renters pay in 49968

Median gross rent$656±$56 · all sizes
Renter households14615% of occupied homes
No cash rent26households

How rents are spread

Under $1,00086%
$1,000–1,49914%
$1,500–1,9990%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
49967Trout Creek$1,030–
49969Watersmeet$1,130$625
49970Watton$1,010–
49965Toivola$1,030–
49971White Pine$1,010–
49963South Range$1,010$822

Fair Market Rents across Gogebic County, MI · All MI counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.