What is the median rent in Boyne Valley Township, MI?

The median gross rent in Boyne Valley Township, MI is $932 (±$24) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 112 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Boyne Valley Township, the median gross rent went from $735 in 2015–2019 to $932 in 2020–2024 (+26.8%).

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
$932 (±$24)
Rented homes
112 (±61)
$2,000 or more
0.0%
Since 2015–2019
+26.8%

How much rent costs in Boyne Valley Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentBoyne Valley TownshipCharlevoix CountyMichiganUnited States
Less than $5000.0% (±23.2 points)14.6%8.3%6.3%
$500 to $99991.1% (±7.0 points)41.2%30.1%20.2%
$1,000 to $1,4998.9% (±7.0 points)32.8%38.4%28.1%
$1,500 to $1,9990.0% (±23.2 points)9.4%15.1%21.1%
$2,000 to $2,4990.0% (±23.2 points)1.0%5.0%12.0%
$2,500 to $2,9990.0% (±23.2 points)0.0%1.4%5.5%
$3,000 or more0.0% (±23.2 points)1.0%1.7%6.8%

The most common range is $500 to $999, paid by 91.1% of renting households.

0.0% of rented homes in Boyne Valley Township cost $2,000 or more a month.

Boyne Valley Township against Charlevoix County, its state and the nation

Estimate (90% margin of error)
Boyne Valley TownshipCharlevoix CountyMichiganUnited States
Median gross rent$932 (±$24)$949 (±$55)$1,129 (±$4)$1,413
Rented homes paying rent112 (±61)1,837 (±224)1,032,697 (±7,764)42,849,984

In Boyne Valley Township, median gross rent is not measurably different from Charlevoix County ($949).

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

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

In Charlevoix County, Boyne Valley Township ranks 13 of 17 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 701 of 1,305.

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

How rent in Boyne Valley Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$735 (±$233)$932 (±$24)+26.8%No measurable change after inflation
Households that rent12.6% (±4.8 points)18.1% (±8.1 points)+5.5 percentage pointsNot a measurable change
Rental vacancy rate7.8% (±10.7 points)0.0% (±23.0 points)−7.8 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 Boyne Valley Township

Nearest places with a published estimate, compared with Boyne Valley Township
PlaceDistanceMedian gross rentCompared with this place
Boyne Valley Township—$932 (±$24)—
Hudson Township (Charlevoix County)4.0 mi$1,016 (±$209)Not measurably different
Elmira Township6.0 mi$1,375 (±$748)Not measurably different
Melrose Township6.8 mi$1,750 (±$691)Higher
Wilson Township (Charlevoix County)7.4 mi$970 (±$387)Not measurably different
Boyne City8.0 mi$906 (±$149)Not measurably different
Chandler Township (Charlevoix County)8.5 mi$967 (±$104)Not measurably different
Jordan Township9.3 mi$838 (±$447)Not measurably different
Evangeline Township10 mi$1,333 (±$175)Higher

Nearby places with a measurably higher figure: Melrose Township, MI ($1,750), Evangeline Township, MI ($1,333).

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

Median gross rent across Charlevoix County, place by place

RankPlaceMedian gross rent
7Norwood Township$1,078 (±$120)
8Marion Township (Charlevoix County)$1,063 (±$148)
9Hudson Township (Charlevoix County)$1,016 (±$209)
10Wilson Township (Charlevoix County)$970 (±$387)
11Bay Township$968 (±$65)
12Chandler Township (Charlevoix County)$967 (±$104)
13Boyne Valley Township$932 (±$24)
14Boyne City$906 (±$149)
15St. James Township$850 (±$208)
16Charlevoix$816 (±$173)
17East Jordan$812 (±$114)

Showing 11 of 17 places in Charlevoix County, ranked from highest to lowest.

The figures for Boyne Valley Township include the places inside it that have pages of their own: Boyne Falls.

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 Boyne Valley Township

What is the average rent in Boyne Valley Township, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Boyne Valley Township is $932 (±$24) 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 Boyne Valley Township?

In Boyne Valley Township, the median gross rent went from $735 in 2015–2019 to $932 in 2020–2024 (+26.8%).

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 Boyne Valley Township cost more than $2,000 a month?

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

Is rent in Boyne Valley Township higher than in Charlevoix County?

In Boyne Valley Township, median gross rent is not measurably different from Charlevoix County ($949).

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 Boyne Valley township, Charlevoix County, Michigan (county subdivision:09860, in state:26 county:029).

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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