What is the rental vacancy rate in Canton Charter Township, MI?
The rental vacancy rate in Canton Charter Township, MI is 6.4% (±2.3 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.6% (±0.4 points).
1,858 (±375) homes, 4.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Canton Charter Township, the rental vacancy rate went from 3.6% in 2015–2019 to 6.4% in 2020–2024 (+2.8 percentage points), a measurable increase.
Figures last updated on .
- Rental vacancy rate
- 6.4% (±2.3 points)
- Homeowner vacancy rate
- 0.6% (±0.4 points)
- Vacant homes
- 1,858 (±375)
Vacancy in Canton Charter Township against Wayne County, its state and the nation
| Canton Charter Township | Wayne County | Michigan | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 6.4% (±2.3 points) | 4.6% (±0.4 points) | 5.1% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.6% (±0.4 points) | 1.5% (±0.1 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 1,858 (±375) | 100,492 (±1,801) | 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 Canton Charter Township, the rental vacancy rate is not measurably different from Wayne County (4.6%).
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 Canton Charter Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Canton Charter Township | — | 6.4% (±2.3 points) | — |
| Plymouth | 4.5 mi | 0.0% (±2.3 points) | Lower |
| Plymouth Charter Township | 4.6 mi | 7.2% (±5.5 points) | Not measurably different |
| Wayne | 5.4 mi | 5.3% (±3.2 points) | Not measurably different |
| Westland | 5.4 mi | 7.3% (±1.8 points) | Not measurably different |
| Superior Charter Township | 5.9 mi | 3.6% (±5.1 points) | Not measurably different |
| Van Buren Charter Township | 6.0 mi | 4.9% (±2.9 points) | Not measurably different |
| Belleville | 7.3 mi | 22.5% (±13.4 points) | Higher |
| Garden City | 7.5 mi | 1.9% (±1.7 points) | Lower |
Nearby places with a measurably lower figure: Plymouth, MI (0.0%), Garden City, MI (1.9%).
Nearby places with a measurably higher figure: Belleville, MI (22.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Wayne County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 10 | Southgate | 8.8% (±4.3 points) |
| 11 | Sumpter Township | 8.5% (±9.4 points) |
| 12 (tie) | Trenton | 7.3% (±5.8 points) |
| 12 (tie) | Westland | 7.3% (±1.8 points) |
| 14 | Plymouth Charter Township | 7.2% (±5.5 points) |
| 15 | Ecorse | 7.1% (±4.9 points) |
| 16 | Canton Charter Township | 6.4% (±2.3 points) |
| 17 (tie) | Grosse Pointe Woods | 6.2% (±9.0 points) |
| 17 (tie) | Northville | 6.2% (±7.3 points) |
| 19 | Taylor | 5.8% (±1.9 points) |
| 20 | Dearborn | 5.5% (±1.8 points) |
| 21 | Wayne | 5.3% (±3.2 points) |
| 22 | Dearborn Heights | 5.1% (±2.4 points) |
Showing 13 of 43 places in Wayne 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 Canton Charter Township
Is it hard to find a rental in Canton Charter Township?
The rental vacancy rate in Canton Charter Township, MI is 6.4% (±2.3 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 Canton Charter Township tighter than it was?
In Canton Charter Township, the rental vacancy rate went from 3.6% in 2015–2019 to 6.4% in 2020–2024 (+2.8 percentage points), a measurable increase.
How many homes are vacant in Canton Charter Township?
An estimated 1,858 (±375) housing units, 4.9% 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 — Canton charter township, Wayne County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Canton charter township, Wayne County, 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 Canton charter township, Wayne County, Michigan (county subdivision:13120, in state:26 county:163).
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
- Housing in Canton Charter Township at a glance
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- Home values in Canton Charter Township
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- Property taxes in Canton Charter Township
- Types of homes in Canton Charter Township
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- Population growth in Canton Charter Township
- How long people stay in Canton Charter Township
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- Fair Market Rent in Canton Charter Township
- Michigan landlord and tenant rules
- Housing across Wayne County
- Michigan places ranked by rental vacancy rate
- Housing data for every place in Michigan