What is the median rent in Elk Rapids, MI?

Name: Median rent in Elk Rapids, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Elk Rapids, MI is $1,056 (±$358) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 212 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Elk Rapids, the median gross rent went from $827 in 2015–2019 to $1,056 in 2020–2024 (+27.7%).

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 November 12, 2026.

Median gross rent: $1,056 (±$358)
Rented homes: 212 (±90)
$2,000 or more: 0.9%
Since 2015–2019: +27.7%

How much rent costs in Elk Rapids

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Elk Rapids	Antrim County	Michigan	United States
Less than $500	1.9% (±3.0 points)	6.0%	8.3%	6.3%
$500 to $999	44.8% (±24.7 points)	51.7%	30.1%	20.2%
$1,000 to $1,499	46.2% (±28.7 points)	36.0%	38.4%	28.1%
$1,500 to $1,999	6.1% (±6.4 points)	4.2%	15.1%	21.1%
$2,000 to $2,499	0.0% (±13.2 points)	1.6%	5.0%	12.0%
$2,500 to $2,999	0.0% (±13.2 points)	0.0%	1.4%	5.5%
$3,000 or more	0.9% (±2.0 points)	0.5%	1.7%	6.8%

The most common range is $1,000 to $1,499, paid by 46.2% of renting households.

0.9% of rented homes in Elk Rapids cost $2,000 or more a month.

Elk Rapids against Antrim County, its state and the nation

Estimate (90% margin of error)
	Elk Rapids	Antrim County	Michigan	United States
Median gross rent	$1,056 (±$358)	$902 (±$76)	$1,129 (±$4)	$1,413
Rented homes paying rent	212 (±90)	1,376 (±208)	1,032,697 (±7,764)	42,849,984

In Elk Rapids, median gross rent is not measurably different from Antrim County ($902).

It is not measurably different from Michigan ($1,129).

It is not measurably different from the national figure ($1,413).

In Antrim County, Elk Rapids ranks 1 of 5 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 43 of 224.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Elk Rapids has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$827 (±$111)	$1,056 (±$358)	+27.7%	No measurable change after inflation
Households that rent	22.9% (±6.8 points)	24.8% (±9.1 points)	+1.9 percentage points	Not a measurable change
Rental vacancy rate	0.0% (±14.1 points)	1.3% (±2.1 points)	+1.3 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 Elk Rapids

Nearest places with a published estimate, compared with Elk Rapids
Place	Distance	Median gross rent	Compared with this place
Elk Rapids	—	$1,056 (±$358)	—
Milton Township (Antrim County)	3.6 mi	$1,125 (±$39)	Not measurably different
Peninsula Township	5.8 mi	$1,589 (±$814)	Not measurably different
Helena Township	6.7 mi	$803 (±$170)	Not measurably different
Rapid City	7.0 mi	$969 (±$96)	Not measurably different
Acme Township	7.9 mi	$1,490 (±$263)	Not measurably different
Clearwater Township	8.9 mi	$961 (±$58)	Not measurably different
Forest Home Township	9.4 mi	$1,007 (±$184)	Not measurably different
Torch Lake Township (Antrim County)	10 mi	$1,313 (±$621)	Not measurably different

None of the nearby places differs measurably from this one on this figure.

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	Elk Rapids	$1,056 (±$358)
2	Central Lake	$1,008 (±$305)
3	Bellaire	$799 (±$76)
4	Mancelona	$791 (±$111)
5	Ellsworth	$607 (±$353)

Elk Rapids lies inside Elk Rapids Township, whose figures include it, so it is ranked only against places like it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Elk Rapids

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Elk Rapids, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Elk Rapids beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Elk Rapids, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Elk Rapids

What is the average rent in Elk Rapids, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Elk Rapids is $1,056 (±$358) 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 Elk Rapids?

In Elk Rapids, the median gross rent went from $827 in 2015–2019 to $1,056 in 2020–2024 (+27.7%).

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 Elk Rapids cost more than $2,000 a month?

0.9% of rented homes in Elk Rapids have a gross rent of $2,000 or more a month, and 1.9% cost less than $500.

Is rent in Elk Rapids higher than in Antrim County?

In Elk Rapids, median gross rent is not measurably different from Antrim County ($902).

It is not measurably different from Michigan ($1,129).

It is not measurably different from 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

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 Elk Rapids village, Michigan (place:25320, 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.

Request a Census API 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.