What is the rental vacancy rate in Garfield Charter Township, MI?
The rental vacancy rate in Garfield Charter Township, MI is 7.6% (±4.5 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±0.6 points).
642 (±263) homes, 6.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Garfield Charter Township, the rental vacancy rate went from 1.2% in 2015–2019 to 7.6% in 2020–2024 (+6.4 percentage points), a measurable increase.
Figures last updated on .
- Rental vacancy rate
- 7.6% (±4.5 points)
- Homeowner vacancy rate
- 0.0% (±0.6 points)
- Vacant homes
- 642 (±263)
Vacancy in Garfield Charter Township against Grand Traverse County, its state and the nation
| Garfield Charter Township | Grand Traverse County | Michigan | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 7.6% (±4.5 points) | 9.6% (±2.8 points) | 5.1% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±0.6 points) | 0.5% (±0.5 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 642 (±263) | 6,716 (±632) | 545,867 (±7,991) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Garfield Charter Township, the rental vacancy rate is not measurably different from Grand Traverse County (9.6%).
It is not measurably different from Michigan (5.1%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Garfield Charter Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Garfield Charter Township | — | 7.6% (±4.5 points) | — |
| Traverse City | 2.5 mi | 10.4% (±5.2 points) | Not measurably different |
| Chums Corner | 3.6 mi | 0.0% (±45.6 points) | Not measurably different |
| Greilickville | 5.5 mi | 9.0% (±14.0 points) | Not measurably different |
| Long Lake Township | 5.7 mi | 1.4% (±2.2 points) | Lower |
| East Bay Township | 6.3 mi | 31.0% (±13.6 points) | Higher |
| Blair Township | 6.9 mi | 0.0% (±7.3 points) | Not measurably different |
| Elmwood Charter Township | 7.1 mi | 5.9% (±9.1 points) | Not measurably different |
| Green Lake Township | 8.2 mi | 8.5% (±10.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Long Lake Township, MI (1.4%).
Nearby places with a measurably higher figure: East Bay Township, MI (31.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Grand Traverse County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Union Township (Grand Traverse County) | 54.5% (±53.2 points) |
| 2 | East Bay Township | 31.0% (±13.6 points) |
| 3 | Acme Township | 22.3% (±20.9 points) |
| 4 | Traverse City | 10.4% (±5.2 points) |
| 5 | Green Lake Township | 8.5% (±10.8 points) |
| 6 | Garfield Charter Township | 7.6% (±4.5 points) |
| 7 | Grant Township (Grand Traverse County) | 6.5% (±14.1 points) |
| 8 | Paradise Township | 2.4% (±3.5 points) |
| 9 | Long Lake Township | 1.4% (±2.2 points) |
| 10 (tie) | Blair Township | 0.0% (±7.3 points) |
| 10 (tie) | Fife Lake Township | 0.0% (±37.7 points) |
| 10 (tie) | Mayfield Township (Grand Traverse County) | 0.0% (±23.2 points) |
Showing 12 of 14 places in Grand Traverse 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 Garfield Charter Township
Is it hard to find a rental in Garfield Charter Township?
The rental vacancy rate in Garfield Charter Township, MI is 7.6% (±4.5 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Garfield Charter Township tighter than it was?
In Garfield Charter Township, the rental vacancy rate went from 1.2% in 2015–2019 to 7.6% in 2020–2024 (+6.4 percentage points), a measurable increase.
How many homes are vacant in Garfield Charter Township?
An estimated 642 (±263) housing units, 6.8% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Garfield charter township, Grand Traverse County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Garfield charter township, Grand Traverse County, Michigan
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 Garfield charter township, Grand Traverse County, Michigan (county subdivision:31580, in state:26 county:055).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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 Garfield Charter Township at a glance
- Median rent in Garfield Charter Township
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- Renters and owners in Garfield Charter Township
- Income and affordability in Garfield Charter Township
- Home values in Garfield Charter Township
- Homeowner costs in Garfield Charter Township
- Property taxes in Garfield Charter Township
- Types of homes in Garfield Charter Township
- Bedrooms in Garfield Charter Township
- Age of homes in Garfield Charter Township
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- Commute and cars in Garfield Charter Township
- Population growth in Garfield Charter Township
- How long people stay in Garfield Charter Township
- Crowding and facilities in Garfield Charter Township
- Michigan landlord and tenant rules
- Housing across Grand Traverse County
- Michigan places ranked by rental vacancy rate
- Housing data for every place in Michigan