What is the median rent in Algoma Township, MI?

Name: Median rent in Algoma Township, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Algoma Township, MI is $1,695 (±$172) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 267 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Algoma Township, the median gross rent went from $657 in 2015–2019 to $1,695 in 2020–2024 (+158.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median gross rent: $1,695 (±$172)
Rented homes: 267 (±143)
$2,000 or more: 13.9%
Since 2015–2019: +158.0%

How much rent costs in Algoma Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Algoma Township	Kent County	Michigan	United States
Less than $500	0.0% (±10.6 points)	6.9%	8.3%	6.3%
$500 to $999	16.1% (±24.0 points)	19.9%	30.1%	20.2%
$1,000 to $1,499	10.9% (±16.1 points)	42.6%	38.4%	28.1%
$1,500 to $1,999	59.2% (±28.3 points)	20.2%	15.1%	21.1%
$2,000 to $2,499	13.9% (±17.4 points)	7.0%	5.0%	12.0%
$2,500 to $2,999	0.0% (±10.6 points)	2.0%	1.4%	5.5%
$3,000 or more	0.0% (±10.6 points)	1.4%	1.7%	6.8%

The most common range is $1,500 to $1,999, paid by 59.2% of renting households.

13.9% of rented homes in Algoma Township cost $2,000 or more a month.

Algoma Township against Kent County, its state and the nation

Estimate (90% margin of error)
	Algoma Township	Kent County	Michigan	United States
Median gross rent	$1,695 (±$172)	$1,243 (±$18)	$1,129 (±$4)	$1,413
Rented homes paying rent	267 (±143)	74,074 (±1,739)	1,032,697 (±7,764)	42,849,984

In Algoma Township, median gross rent is higher than in Kent County ($1,243).

It is also higher than in Michigan ($1,129).

It is higher than the national figure ($1,413).

In Kent County, Algoma Township ranks 7 of 29 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 37 of 1,305.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Algoma Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$657 (±$145)	$1,695 (±$172)	+158.0%	Up after inflation
Households that rent	6.9% (±3.7 points)	6.0% (±3.1 points)	−0.9 percentage points	Not a measurable change
Rental vacancy rate	0.0% (±8.4 points)	6.5% (±11.0 points)	+6.5 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Algoma Township

Nearest places with a published estimate, compared with Algoma Township
Place	Distance	Median gross rent	Compared with this place
Algoma Township	—	$1,695 (±$172)	—
Rockford	3.6 mi	$1,111 (±$226)	Lower
Sparta	4.8 mi	$983 (±$60)	Lower
Cedar Springs	5.0 mi	$1,086 (±$79)	Lower
Sparta Township	5.6 mi	$968 (±$52)	Lower
Plainfield Charter Township	6.2 mi	$1,269 (±$125)	Lower
Courtland Township	6.6 mi	$1,278 (±$734)	Not measurably different
Tyrone Township (Kent County)	8.3 mi	$1,147 (±$492)	Lower
Alpine Township	8.4 mi	$1,172 (±$45)	Lower

Nearby places with a measurably lower figure: Rockford, MI ($1,111), Sparta, MI ($983), Cedar Springs, MI ($1,086).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Kent County, place by place

Rank	Place	Median gross rent
1	Bowne Township	$3,033 (±$344)
2	Cascade Charter Township	$2,277 (±$323)
3	Ada Township	$2,139 (±$360)
4	East Grand Rapids	$1,862 (±$362)
5	Grand Rapids Charter Township	$1,839 (±$291)
6	Vergennes Township	$1,824 (±$153)
7	Algoma Township	$1,695 (±$172)
8	Lowell Charter Township	$1,688 (±$102)
9	Spencer Township	$1,385 (±$430)
10	Byron Township	$1,343 (±$105)
11	Cannon Township	$1,316 (±$181)
12	Gaines Charter Township	$1,314 (±$60)
13	Courtland Township	$1,278 (±$734)

Showing 13 of 29 places in Kent 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 Algoma Township

What is the average rent in Algoma Township, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Algoma Township is $1,695 (±$172) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Algoma Township?

In Algoma Township, the median gross rent went from $657 in 2015–2019 to $1,695 in 2020–2024 (+158.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Algoma Township cost more than $2,000 a month?

13.9% of rented homes in Algoma Township have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Algoma Township higher than in Kent County?

In Algoma Township, median gross rent is higher than in Kent County ($1,243).

It is also higher than in Michigan ($1,129).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

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 Algoma township, Kent County, Michigan (county subdivision:01160, in state:26 county:081).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

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.