What is the median rent in Central Lake Township, MI?
The median gross rent in Central Lake Township, MI is $1,000 (±$185) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 122 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Central Lake Township, the median gross rent went from $594 in 2015–2019 to $1,000 in 2020–2024 (+68.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,000 (±$185)
- Rented homes
- 122 (±51)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +68.4%
How much rent costs in Central Lake Township
| Monthly gross rent | Central Lake Township | Antrim County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 1.6% (±3.2 points) | 6.0% | 8.3% | 6.3% |
| $500 to $999 | 48.4% (±21.1 points) | 51.7% | 30.1% | 20.2% |
| $1,000 to $1,499 | 41.8% (±24.4 points) | 36.0% | 38.4% | 28.1% |
| $1,500 to $1,999 | 8.2% (±13.7 points) | 4.2% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±21.6 points) | 1.6% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±21.6 points) | 0.0% | 1.4% | 5.5% |
| $3,000 or more | 0.0% (±21.6 points) | 0.5% | 1.7% | 6.8% |
The most common range is $500 to $999, paid by 48.4% of renting households.
0.0% of rented homes in Central Lake Township cost $2,000 or more a month.
Central Lake Township against Antrim County, its state and the nation
| Central Lake Township | Antrim County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $1,000 (±$185) | $902 (±$76) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 122 (±51) | 1,376 (±208) | 1,032,697 (±7,764) | 42,849,984 |
In Central Lake Township, median gross rent is not measurably different from Antrim County ($902).
It is not measurably different from Michigan ($1,129).
It is lower than the national figure ($1,413).
In Antrim County, Central Lake Township ranks 7 of 13 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 566 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Central Lake Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $594 (±$86) | $1,000 (±$185) | +68.4% | Up after inflation |
| Households that rent | 14.7% (±4.6 points) | 13.3% (±5.2 points) | −1.4 percentage points | Not a measurable change |
| Rental vacancy rate | 15.7% (±12.9 points) | 0.0% (±20.3 points) | −15.7 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 Central Lake Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Central Lake Township | — | $1,000 (±$185) | — |
| Torch Lake Township (Antrim County) | 4.1 mi | $1,313 (±$621) | Not measurably different |
| Echo Township | 6.1 mi | $1,271 (±$188) | Higher |
| Banks Township | 6.3 mi | $731 (±$281) | Not measurably different |
| Ellsworth | 6.4 mi | $607 (±$353) | Not measurably different |
| Forest Home Township | 6.6 mi | $1,007 (±$184) | Not measurably different |
| South Arm Township | 8.1 mi | $1,479 (±$271) | Higher |
| Bellaire | 8.3 mi | $799 (±$76) | Lower |
| East Jordan | 8.9 mi | $812 (±$114) | Not measurably different |
Nearby places with a measurably lower figure: Bellaire, MI ($799).
Nearby places with a measurably higher figure: Echo Township, MI ($1,271), South Arm Township, MI ($1,479).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Antrim County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Star Township | $1,528 (±$1,441) |
| 2 | Torch Lake Township (Antrim County) | $1,313 (±$621) |
| 3 | Echo Township | $1,271 (±$188) |
| 4 | Elk Rapids Township | $1,238 (±$440) |
| 5 | Milton Township (Antrim County) | $1,125 (±$39) |
| 6 | Forest Home Township | $1,007 (±$184) |
| 7 | Central Lake Township | $1,000 (±$185) |
| 8 | Mancelona Township | $868 (±$95) |
| 9 | Jordan Township | $838 (±$447) |
| 10 | Custer Township (Antrim County) | $814 (±$96) |
| 11 | Helena Township | $803 (±$170) |
| 12 | Kearney Township | $778 (±$74) |
| 13 | Banks Township | $731 (±$281) |
The figures for Central Lake Township include the places inside it that have pages of their own: Central Lake.
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 Central Lake Township
What is the average rent in Central Lake Township, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Central Lake Township is $1,000 (±$185) 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 Central Lake Township?
In Central Lake Township, the median gross rent went from $594 in 2015–2019 to $1,000 in 2020–2024 (+68.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Central Lake Township cost more than $2,000 a month?
0.0% of rented homes in Central Lake Township have a gross rent of $2,000 or more a month, and 1.6% cost less than $500.
Is rent in Central Lake Township higher than in Antrim County?
In Central Lake Township, median gross rent is not measurably different from Antrim County ($902).
It is not measurably different from 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 — Central Lake township, Antrim County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Central Lake township, Antrim County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Central Lake township, Antrim 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 Central Lake township, Antrim County, Michigan (county subdivision:14420, in state:26 county:009).
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 Central Lake Township at a glance
- Renters and owners in Central Lake Township
- Income and affordability in Central Lake Township
- Home values in Central Lake Township
- Homeowner costs in Central Lake Township
- Property taxes in Central Lake Township
- Types of homes in Central Lake Township
- Bedrooms in Central Lake Township
- Age of homes in Central Lake Township
- Heating fuel in Central Lake Township
- Commute and cars in Central Lake Township
- Population growth in Central Lake Township
- How long people stay in Central Lake Township
- Michigan landlord and tenant rules
- Housing across Antrim County
- Michigan places ranked by median rent
- Housing data for every place in Michigan