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
| Monthly gross rent | Boyne Valley Township | Charlevoix County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±23.2 points) | 14.6% | 8.3% | 6.3% |
| $500 to $999 | 91.1% (±7.0 points) | 41.2% | 30.1% | 20.2% |
| $1,000 to $1,499 | 8.9% (±7.0 points) | 32.8% | 38.4% | 28.1% |
| $1,500 to $1,999 | 0.0% (±23.2 points) | 9.4% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±23.2 points) | 1.0% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±23.2 points) | 0.0% | 1.4% | 5.5% |
| $3,000 or more | 0.0% (±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
| Boyne Valley Township | Charlevoix County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $932 (±$24) | $949 (±$55) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 112 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $735 (±$233) | $932 (±$24) | +26.8% | No measurable change after inflation |
| Households that rent | 12.6% (±4.8 points) | 18.1% (±8.1 points) | +5.5 percentage points | Not a measurable change |
| Rental vacancy rate | 7.8% (±10.7 points) | 0.0% (±23.0 points) | −7.8 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 Boyne Valley Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Boyne Valley Township | — | $932 (±$24) | — |
| Hudson Township (Charlevoix County) | 4.0 mi | $1,016 (±$209) | Not measurably different |
| Elmira Township | 6.0 mi | $1,375 (±$748) | Not measurably different |
| Melrose Township | 6.8 mi | $1,750 (±$691) | Higher |
| Wilson Township (Charlevoix County) | 7.4 mi | $970 (±$387) | Not measurably different |
| Boyne City | 8.0 mi | $906 (±$149) | Not measurably different |
| Chandler Township (Charlevoix County) | 8.5 mi | $967 (±$104) | Not measurably different |
| Jordan Township | 9.3 mi | $838 (±$447) | Not measurably different |
| Evangeline Township | 10 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
| Rank | Place | Median gross rent |
|---|---|---|
| 7 | Norwood Township | $1,078 (±$120) |
| 8 | Marion Township (Charlevoix County) | $1,063 (±$148) |
| 9 | Hudson Township (Charlevoix County) | $1,016 (±$209) |
| 10 | Wilson Township (Charlevoix County) | $970 (±$387) |
| 11 | Bay Township | $968 (±$65) |
| 12 | Chandler Township (Charlevoix County) | $967 (±$104) |
| 13 | Boyne Valley Township | $932 (±$24) |
| 14 | Boyne City | $906 (±$149) |
| 15 | St. James Township | $850 (±$208) |
| 16 | Charlevoix | $816 (±$173) |
| 17 | East 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Boyne Valley township, Charlevoix County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Boyne Valley township, Charlevoix County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Boyne Valley township, Charlevoix County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
- Housing in Boyne Valley Township at a glance
- Renters and owners in Boyne Valley Township
- Income and affordability in Boyne Valley Township
- Home values in Boyne Valley Township
- Homeowner costs in Boyne Valley Township
- Property taxes in Boyne Valley Township
- Types of homes in Boyne Valley Township
- Bedrooms in Boyne Valley Township
- Age of homes in Boyne Valley Township
- Heating fuel in Boyne Valley Township
- Commute and cars in Boyne Valley Township
- Population growth in Boyne Valley Township
- How long people stay in Boyne Valley Township
- Fair Market Rent in Boyne Valley Township
- Michigan landlord and tenant rules
- Housing across Charlevoix County
- Michigan places ranked by median rent
- Housing data for every place in Michigan