What is the median rent in Alma, MI?

The median gross rent in Alma, MI is $836 (±$39) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,197 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Alma, the median gross rent went from $655 in 2015–2019 to $836 in 2020–2024 (+27.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$836 (±$39)
Rented homes
1,197 (±228)
$2,000 or more
5.5%
Since 2015–2019
+27.6%

How much rent costs in Alma

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentAlmaGratiot CountyMichiganUnited States
Less than $50022.4% (±11.9 points)16.1%8.3%6.3%
$500 to $99953.4% (±12.4 points)56.2%30.1%20.2%
$1,000 to $1,49914.4% (±8.0 points)20.1%38.4%28.1%
$1,500 to $1,9994.3% (±5.0 points)4.6%15.1%21.1%
$2,000 to $2,4995.5% (±5.3 points)2.5%5.0%12.0%
$2,500 to $2,9990.0% (±2.5 points)0.0%1.4%5.5%
$3,000 or more0.0% (±2.5 points)0.6%1.7%6.8%

The most common range is $500 to $999, paid by 53.4% of renting households.

5.5% of rented homes in Alma cost $2,000 or more a month.

Alma against Gratiot County, its state and the nation

Estimate (90% margin of error)
AlmaGratiot CountyMichiganUnited States
Median gross rent$836 (±$39)$834 (±$33)$1,129 (±$4)$1,413
Rented homes paying rent1,197 (±228)2,806 (±261)1,032,697 (±7,764)42,849,984

In Alma, median gross rent is not measurably different from Gratiot County ($834).

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

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

In Gratiot County, Alma ranks 9 of 17 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 938 of 1,305.

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

How rent in Alma has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$655 (±$49)$836 (±$39)+27.6%No measurable change after inflation
Households that rent43.1% (±4.9 points)34.1% (±6.3 points)−9.0 percentage pointsMeasurable decrease
Rental vacancy rate1.8% (±2.1 points)6.7% (±6.1 points)+4.9 percentage pointsNot 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 Alma

Nearest places with a published estimate, compared with Alma
PlaceDistanceMedian gross rentCompared with this place
Alma—$836 (±$39)—
St. Louis2.9 mi$794 (±$78)Not measurably different
Arcada Township3.5 mi$725 (±$446)Not measurably different
Bethany Township6.4 mi$875 (±$111)Not measurably different
Emerson Township6.6 mi$825 (±$222)Not measurably different
Seville Township6.7 mi$866 (±$149)Not measurably different
Ithaca6.8 mi$819 (±$89)Not measurably different
Sumner Township7.3 mi$826 (±$148)Not measurably different
Breckenridge9.2 mi$731 (±$174)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.

Median gross rent across Gratiot County, place by place

RankPlaceMedian gross rent
3Washington Township (Gratiot County)$1,063 (±$367)
4Fulton Township$941 (±$244)
5Bethany Township$875 (±$111)
6Elba Township (Gratiot County)$870 (±$80)
7Seville Township$866 (±$149)
8Newark Township$838 (±$342)
9Alma$836 (±$39)
10Sumner Township$826 (±$148)
11Emerson Township$825 (±$222)
12Ithaca$819 (±$89)
13Hamilton Township (Gratiot County)$813 (±$173)
14St. Louis$794 (±$78)
15North Shade Township$744 (±$42)

Showing 13 of 17 places in Gratiot 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 Alma

What is the average rent in Alma, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Alma is $836 (±$39) 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 Alma?

In Alma, the median gross rent went from $655 in 2015–2019 to $836 in 2020–2024 (+27.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

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

5.5% of rented homes in Alma have a gross rent of $2,000 or more a month, and 22.4% cost less than $500.

Is rent in Alma higher than in Gratiot County?

In Alma, median gross rent is not measurably different from Gratiot County ($834).

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

It is lower 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 Alma city, Michigan (place:01540, in state:26).

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.

Figures last updated on .

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