What is the median rent in Cato Township, MI?
The median gross rent in Cato Township, MI is $711 (±$315) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 171 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Cato Township, the median gross rent went from $630 in 2015–2019 to $711 in 2020–2024 (+12.9%).
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
- $711 (±$315)
- Rented homes
- 171 (±53)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +12.9%
How much rent costs in Cato Township
| Monthly gross rent | Cato Township | Montcalm County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 40.4% (±18.5 points) | 11.2% | 8.3% | 6.3% |
| $500 to $999 | 44.4% (±17.3 points) | 55.8% | 30.1% | 20.2% |
| $1,000 to $1,499 | 12.3% (±9.4 points) | 25.0% | 38.4% | 28.1% |
| $1,500 to $1,999 | 2.9% (±5.0 points) | 5.1% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±16.0 points) | 2.7% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±16.0 points) | 0.2% | 1.4% | 5.5% |
| $3,000 or more | 0.0% (±16.0 points) | 0.0% | 1.7% | 6.8% |
The most common range is $500 to $999, paid by 44.4% of renting households.
0.0% of rented homes in Cato Township cost $2,000 or more a month.
Cato Township against Montcalm County, its state and the nation
| Cato Township | Montcalm County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $711 (±$315) | $869 (±$25) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 171 (±53) | 3,612 (±376) | 1,032,697 (±7,764) | 42,849,984 |
In Cato Township, median gross rent is not measurably different from Montcalm County ($869).
It is also lower than in Michigan ($1,129).
It is lower than the national figure ($1,413).
In Montcalm County, Cato Township ranks 21 of 23 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1156 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Cato Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $630 (±$77) | $711 (±$315) | +12.9% | No measurable change after inflation |
| Households that rent | 24.2% (±4.4 points) | 16.4% (±4.8 points) | −7.8 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±9.5 points) | 0.0% (±15.8 points) | 0.0 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 Cato Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Cato Township | — | $711 (±$315) | — |
| Pine Township | 5.0 mi | $1,034 (±$302) | Not measurably different |
| Winfield Township | 5.1 mi | $1,336 (±$330) | Higher |
| Hinton Township | 5.8 mi | $1,029 (±$154) | Not measurably different |
| Belvidere Township | 6.5 mi | $919 (±$143) | Not measurably different |
| Maple Valley Township (Montcalm County) | 7.9 mi | $990 (±$271) | Not measurably different |
| Douglass Township | 8.1 mi | $1,080 (±$211) | Not measurably different |
| Deerfield Township (Mecosta County) | 8.5 mi | $1,021 (±$140) | Not measurably different |
| Millbrook Township | 8.9 mi | $792 (±$285) | Not measurably different |
Nearby places with a measurably higher figure: Winfield Township, MI ($1,336).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Montcalm County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 15 | Pierson Township | $859 (±$58) |
| 16 | Eureka Township | $842 (±$23) |
| 17 | Crystal Township (Montcalm County) | $841 (±$141) |
| 18 | Reynolds Township | $772 (±$195) |
| 19 | Home Township (Montcalm County) | $756 (±$83) |
| 20 | Ferris Township | $733 (±$126) |
| 21 | Cato Township | $711 (±$315) |
| 22 | Carson City | $680 (±$57) |
| 23 | Stanton | $640 (±$188) |
Showing 9 of 23 places in Montcalm County, ranked from highest to lowest.
The figures for Cato Township include the places inside it that have pages of their own: Lakeview.
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 Cato Township
What is the average rent in Cato Township, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Cato Township is $711 (±$315) 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 Cato Township?
In Cato Township, the median gross rent went from $630 in 2015–2019 to $711 in 2020–2024 (+12.9%).
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 Cato Township cost more than $2,000 a month?
0.0% of rented homes in Cato Township have a gross rent of $2,000 or more a month, and 40.4% cost less than $500.
Is rent in Cato Township higher than in Montcalm County?
In Cato Township, median gross rent is not measurably different from Montcalm County ($869).
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 — Cato township, Montcalm County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cato township, Montcalm 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 Cato township, Montcalm County, Michigan (county subdivision:14000, in state:26 county:117).
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 Cato Township at a glance
- Renters and owners in Cato Township
- Income and affordability in Cato Township
- Home values in Cato Township
- Homeowner costs in Cato Township
- Property taxes in Cato Township
- Types of homes in Cato Township
- Bedrooms in Cato Township
- Age of homes in Cato Township
- Heating fuel in Cato Township
- Commute and cars in Cato Township
- Population growth in Cato Township
- How long people stay in Cato Township
- Michigan landlord and tenant rules
- Housing across Montcalm County
- Michigan places ranked by median rent
- Housing data for every place in Michigan