What percentage of people rent in Elk Rapids, MI?

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

24.8% (±9.1 points) of the occupied homes in Elk Rapids, MI are rented (2020–2024 American Community Survey).

That is 223 renting households against 675 that own their home.

In Elk Rapids, the share of households that rent went from 22.9% in 2015–2019 to 24.8% in 2020–2024 (+1.9 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 24.8% (±9.1 points)
Renting households: 223 (±91)
Median renter income: $67,679 (±$34,520)

Who rents and who owns in Elk Rapids

Tenure, estimate (90% margin of error)
	Elk Rapids	Antrim County	Michigan	United States
Renter-occupied share	24.8% (±9.1 points)	13.6% (±1.8 points)	26.8% (±0.2 points)	34.8%
Renting households	223 (±91)	1,513 (±212)	1,092,179 (±7,674)	45,017,354
Owning households	675 (±120)	9,587 (±278)	2,984,190 (±12,886)	84,210,142
Average renter household size	1.4 (±0.3)	2.1 (±0.2)	2.1 (±0.0)	2.3
Average owner household size	1.9 (±0.2)	2.2 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$67,679 (±$34,520)	$45,114 (±$5,307)	$42,352 (±$376)	$52,966
Median owner household income	$77,159 (±$21,946)	$76,977 (±$3,395)	$87,130 (±$344)	$100,009

In Elk Rapids, the renter share is higher than in Antrim County (13.6%).

It is not measurably different from Michigan (26.8%).

It is lower than the national figure (34.8%).

In Antrim County, Elk Rapids ranks 3 of 5 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 107 of 253.

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

How renting 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
Households that rent	22.9% (±6.8 points)	24.8% (±9.1 points)	+1.9 percentage points	Not a measurable change
Median gross rent	$827 (±$111)	$1,056 (±$358)	+27.7%	No measurable change after inflation
Median household income	$60,536 (±$10,801)	$70,938 (±$13,251)	+17.2%	No measurable change after inflation

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.

Households that rent in places near Elk Rapids

Nearest places with a published estimate, compared with Elk Rapids
Place	Distance	Households that rent	Compared with this place
Elk Rapids	—	24.8% (±9.1 points)	—
Milton Township (Antrim County)	3.6 mi	6.8% (±3.8 points)	Lower
Peninsula Township	5.8 mi	9.8% (±6.3 points)	Lower
Helena Township	6.7 mi	16.9% (±7.2 points)	Not measurably different
Rapid City	7.0 mi	15.2% (±10.6 points)	Not measurably different
Acme Township	7.9 mi	12.4% (±5.5 points)	Lower
Clearwater Township	8.9 mi	10.4% (±6.2 points)	Lower
Forest Home Township	9.4 mi	5.8% (±3.3 points)	Lower
Whitewater Township	9.4 mi	3.9% (±3.0 points)	Lower

Nearby places with a measurably lower figure: Milton Township (Antrim County), MI (6.8%), Peninsula Township, MI (9.8%), Acme Township, MI (12.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Antrim County, place by place

Rank	Place	Households that rent
1	Bellaire	31.2% (±8.4 points)
2	Mancelona	31.1% (±8.8 points)
3	Elk Rapids	24.8% (±9.1 points)
4	Central Lake	24.7% (±8.9 points)
5	Ellsworth	17.8% (±10.5 points)

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.

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Questions about Elk Rapids

How many renters are there in Elk Rapids?

Elk Rapids has an estimated 223 (±91) renting households, 24.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Elk Rapids?

In Elk Rapids, the share of households that rent went from 22.9% in 2015–2019 to 24.8% in 2020–2024 (+1.9 percentage points), not a measurable change.

How big are renting households in Elk Rapids?

A renting household in Elk Rapids has 1.4 people on average, against 1.9 in an owned home.

How much do renters earn in Elk Rapids?

The median renting household in Elk Rapids, MI has an income of $67,679 (±$34,520) a year, against $77,159 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.