What is the rental vacancy rate in Albion, MI?
The rental vacancy rate in Albion, MI is 10.7% (±5.6 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 3.6% (±2.8 points).
602 (±134) homes, 20.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Albion, the rental vacancy rate went from 11.9% in 2015–2019 to 10.7% in 2020–2024 (−1.2 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 10.7% (±5.6 points)
- Homeowner vacancy rate
- 3.6% (±2.8 points)
- Vacant homes
- 602 (±134)
Vacancy in Albion against Calhoun County, its state and the nation
| Albion | Calhoun County | Michigan | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 10.7% (±5.6 points) | 9.7% (±1.9 points) | 5.1% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 3.6% (±2.8 points) | 1.6% (±0.5 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 602 (±134) | 6,269 (±539) | 545,867 (±7,991) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Albion, the rental vacancy rate is not measurably different from Calhoun County (9.7%).
It is not measurably different from Michigan (5.1%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Albion
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Albion | — | 10.7% (±5.6 points) | — |
| Sheridan Township (Calhoun County) | 3.6 mi | 13.2% (±15.2 points) | Not measurably different |
| Albion Township | 3.6 mi | 0.0% (±41.6 points) | Not measurably different |
| Parma Township | 5.7 mi | 12.8% (±11.4 points) | Not measurably different |
| Concord Township | 6.4 mi | 0.0% (±21.7 points) | Not measurably different |
| Marengo Township | 6.7 mi | 0.0% (±14.8 points) | Not measurably different |
| Homer | 7.5 mi | 9.5% (±8.7 points) | Not measurably different |
| Concord | 7.6 mi | 0.0% (±28.4 points) | Not measurably different |
| Eckford Township | 7.8 mi | 0.0% (±45.6 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Calhoun County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Lee Township (Calhoun County) | 29.7% (±38.6 points) |
| 2 | Newton Township (Calhoun County) | 26.1% (±30.0 points) |
| 3 | Tekonsha Township | 15.5% (±22.9 points) |
| 4 | Sheridan Township (Calhoun County) | 13.2% (±15.2 points) |
| 5 | Battle Creek | 11.9% (±2.6 points) |
| 6 | Albion | 10.7% (±5.6 points) |
| 7 | Marshall | 9.8% (±6.6 points) |
| 8 | Springfield | 8.9% (±5.1 points) |
| 9 | Bedford Charter Township | 8.5% (±9.6 points) |
| 10 | Homer Township (Calhoun County) | 8.2% (±7.4 points) |
| 11 | Pennfield Charter Township | 7.6% (±8.7 points) |
| 12 | Burlington Township (Calhoun County) | 5.9% (±9.0 points) |
Showing 12 of 23 places in Calhoun County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Albion
Is it hard to find a rental in Albion?
The rental vacancy rate in Albion, MI is 10.7% (±5.6 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Albion tighter than it was?
In Albion, the rental vacancy rate went from 11.9% in 2015–2019 to 10.7% in 2020–2024 (−1.2 percentage points), not a measurable change.
How many homes are vacant in Albion?
An estimated 602 (±134) housing units, 20.3% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Albion city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Albion city, Michigan
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Albion city, Michigan (place:00980, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Homeowner costs in Albion
- Property taxes in Albion
- Types of homes in Albion
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- Age of homes in Albion
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- Crime reported to police in Albion
- Population growth in Albion
- How long people stay in Albion
- Crowding and facilities in Albion
- Michigan landlord and tenant rules
- Housing across Calhoun County
- Michigan places ranked by rental vacancy rate
- Housing data for every place in Michigan