What is the median rent in Charlotte, MI?
The median gross rent in Charlotte, MI is $887 (±$219) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,183 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Charlotte, the median gross rent went from $736 in 2015–2019 to $887 in 2020–2024 (+20.5%).
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
- $887 (±$219)
- Rented homes
- 1,183 (±196)
- $2,000 or more
- 1.1%
- Since 2015–2019
- +20.5%
How much rent costs in Charlotte
| Monthly gross rent | Charlotte | Eaton County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 13.9% (±6.0 points) | 5.7% | 8.3% | 6.3% |
| $500 to $999 | 42.7% (±9.3 points) | 34.7% | 30.1% | 20.2% |
| $1,000 to $1,499 | 36.7% (±9.4 points) | 45.1% | 38.4% | 28.1% |
| $1,500 to $1,999 | 5.6% (±5.1 points) | 10.6% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±2.5 points) | 2.1% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±2.5 points) | 0.4% | 1.4% | 5.5% |
| $3,000 or more | 1.1% (±1.5 points) | 1.5% | 1.7% | 6.8% |
The most common range is $500 to $999, paid by 42.7% of renting households.
1.1% of rented homes in Charlotte cost $2,000 or more a month.
Charlotte against Eaton County, its state and the nation
| Charlotte | Eaton County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $887 (±$219) | $1,092 (±$26) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 1,183 (±196) | 11,326 (±607) | 1,032,697 (±7,764) | 42,849,984 |
In Charlotte, median gross rent is not measurably different from Eaton County ($1,092).
It is also lower than in Michigan ($1,129).
It is lower than the national figure ($1,413).
In Eaton County, Charlotte ranks 18 of 20 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 794 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Charlotte has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $736 (±$111) | $887 (±$219) | +20.5% | No measurable change after inflation |
| Households that rent | 40.2% (±4.1 points) | 33.0% (±5.0 points) | −7.2 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±1.8 points) | 2.3% (±3.6 points) | +2.3 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 Charlotte
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Charlotte | — | $887 (±$219) | — |
| Eaton Township | 3.5 mi | $885 (±$356) | Not measurably different |
| Carmel Township | 4.0 mi | $1,165 (±$92) | Higher |
| Benton Township (Eaton County) | 6.0 mi | $1,045 (±$183) | Not measurably different |
| Chester Township (Eaton County) | 6.1 mi | $1,048 (±$201) | Not measurably different |
| Potterville | 6.2 mi | $1,152 (±$290) | Not measurably different |
| Walton Township | 7.4 mi | $800 (±$308) | Not measurably different |
| Eaton Rapids Township | 8.2 mi | $968 (±$271) | Not measurably different |
| Kalamo Township | 9.7 mi | $983 (±$153) | Not measurably different |
Nearby places with a measurably higher figure: Carmel Township, MI ($1,165).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Eaton County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 12 | Kalamo Township | $983 (±$153) |
| 13 | Grand Ledge | $982 (±$156) |
| 14 | Vermontville Township | $975 (±$131) |
| 15 | Eaton Rapids | $972 (±$52) |
| 16 | Eaton Rapids Township | $968 (±$271) |
| 17 | Olivet | $925 (±$88) |
| 18 | Charlotte | $887 (±$219) |
| 19 | Eaton Township | $885 (±$356) |
| 20 | Walton Township | $800 (±$308) |
Showing 9 of 20 places in Eaton 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 Charlotte
What is the average rent in Charlotte, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Charlotte is $887 (±$219) 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 Charlotte?
In Charlotte, the median gross rent went from $736 in 2015–2019 to $887 in 2020–2024 (+20.5%).
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 Charlotte cost more than $2,000 a month?
1.1% of rented homes in Charlotte have a gross rent of $2,000 or more a month, and 13.9% cost less than $500.
Is rent in Charlotte higher than in Eaton County?
In Charlotte, median gross rent is not measurably different from Eaton County ($1,092).
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 — Charlotte city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Charlotte city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Charlotte city, 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 Charlotte city, Michigan (place:14820, in state:26).
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
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- Renters and owners in Charlotte
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- Home values in Charlotte
- Homeowner costs in Charlotte
- Property taxes in Charlotte
- Types of homes in Charlotte
- Bedrooms in Charlotte
- Age of homes in Charlotte
- Heating fuel in Charlotte
- Commute and cars in Charlotte
- Crime reported to police in Charlotte
- Population growth in Charlotte
- How long people stay in Charlotte
- Crowding and facilities in Charlotte
- Michigan landlord and tenant rules
- Housing across Eaton County
- Michigan places ranked by median rent
- Housing data for every place in Michigan