What is the median rent in Farwell, MI?

The median gross rent in Farwell, MI is $513 (±$181) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 115 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Farwell, the median gross rent went from $620 in 2015–2019 to $513 in 2020–2024 (−17.3%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

Figures last updated on .

Median gross rent
$513 (±$181)
Rented homes
115 (±46)
$2,000 or more
0.0%
Since 2015–2019
−17.3%

How much rent costs in Farwell

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentFarwellClare CountyMichiganUnited States
Less than $50047.8% (±19.6 points)21.3%8.3%6.3%
$500 to $99948.7% (±19.8 points)58.8%30.1%20.2%
$1,000 to $1,4993.5% (±5.4 points)16.4%38.4%28.1%
$1,500 to $1,9990.0% (±22.7 points)3.5%15.1%21.1%
$2,000 to $2,4990.0% (±22.7 points)0.0%5.0%12.0%
$2,500 to $2,9990.0% (±22.7 points)0.0%1.4%5.5%
$3,000 or more0.0% (±22.7 points)0.0%1.7%6.8%

The most common range is $500 to $999, paid by 48.7% of renting households.

0.0% of rented homes in Farwell cost $2,000 or more a month.

Farwell against Clare County, its state and the nation

Estimate (90% margin of error)
FarwellClare CountyMichiganUnited States
Median gross rent$513 (±$181)$765 (±$87)$1,129 (±$4)$1,413
Rented homes paying rent115 (±46)1,387 (±209)1,032,697 (±7,764)42,849,984

In Farwell, median gross rent is lower than in Clare County ($765).

It is also lower than in Michigan ($1,129).

It is lower than the national figure ($1,413).

Statewide, it ranks 212 of 224.

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

How rent in Farwell has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$620 (±$82)$513 (±$181)−17.3%Down after inflation
Households that rent33.0% (±8.0 points)30.7% (±10.2 points)−2.3 percentage pointsNot a measurable change
Rental vacancy rate15.9% (±12.9 points)0.0% (±22.0 points)−15.9 percentage pointsNot 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 Farwell

Nearest places with a published estimate, compared with Farwell
PlaceDistanceMedian gross rentCompared with this place
Farwell—$513 (±$181)—
Grant Township (Clare County)4.1 mi$1,086 (±$52)Higher
Clare5.3 mi$822 (±$64)Higher
Vernon Township (Isabella County)6.3 mi$1,067 (±$230)Higher
Hatton Township7.8 mi$1,536 (±$1,271)Not measurably different
Coldwater Township (Isabella County)8.7 mi$1,327 (±$117)Higher
Garfield Township (Clare County)9.3 mi$950 (±$318)Higher
Wise Township10 mi$775 (±$575)Not measurably different
Rosebush11 mi$591 (±$205)Not measurably different

Nearby places with a measurably higher figure: Grant Township (Clare County), MI ($1,086), Clare, MI ($822), Vernon Township (Isabella County), MI ($1,067).

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

Farwell lies inside Surrey 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 Farwell

What is the average rent in Farwell, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Farwell is $513 (±$181) 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 Farwell?

In Farwell, the median gross rent went from $620 in 2015–2019 to $513 in 2020–2024 (−17.3%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

How many rentals in Farwell cost more than $2,000 a month?

0.0% of rented homes in Farwell have a gross rent of $2,000 or more a month, and 47.8% cost less than $500.

Is rent in Farwell higher than in Clare County?

In Farwell, median gross rent is lower than in Clare County ($765).

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

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 Farwell village, Michigan (place:27500, 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.

Figures last updated on .

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