What is the median rent in Holly, MI?
The median gross rent in Holly, MI is $992 (±$274) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 724 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Holly, the median gross rent went from $718 in 2015–2019 to $992 in 2020–2024 (+38.2%).
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
- $992 (±$274)
- Rented homes
- 724 (±308)
- $2,000 or more
- 7.9%
- Since 2015–2019
- +38.2%
How much rent costs in Holly
| Monthly gross rent | Holly | Oakland County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 5.5% (±5.9 points) | 4.6% | 8.3% | 6.3% |
| $500 to $999 | 47.0% (±25.5 points) | 15.4% | 30.1% | 20.2% |
| $1,000 to $1,499 | 21.4% (±14.1 points) | 39.5% | 38.4% | 28.1% |
| $1,500 to $1,999 | 18.2% (±13.7 points) | 24.3% | 15.1% | 21.1% |
| $2,000 to $2,499 | 5.7% (±7.7 points) | 9.7% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±4.1 points) | 3.0% | 1.4% | 5.5% |
| $3,000 or more | 2.2% (±3.7 points) | 3.6% | 1.7% | 6.8% |
The most common range is $500 to $999, paid by 47.0% of renting households.
7.9% of rented homes in Holly cost $2,000 or more a month.
Holly against Oakland County, its state and the nation
| Holly | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $992 (±$274) | $1,376 (±$14) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 724 (±308) | 139,230 (±2,220) | 1,032,697 (±7,764) | 42,849,984 |
In Holly, median gross rent is lower than in Oakland County ($1,376).
It is not measurably different from Michigan ($1,129).
It is lower than the national figure ($1,413).
In Oakland County, Holly ranks 5 of 8 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 61 of 224.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Holly has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $718 (±$152) | $992 (±$274) | +38.2% | No measurable change after inflation |
| Households that rent | 30.7% (±7.0 points) | 29.1% (±10.0 points) | −1.6 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±2.7 points) | 0.0% (±3.9 points) | 0.0 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 Holly
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Holly | — | $992 (±$274) | — |
| Rose Township (Oakland County) | 4.0 mi | $1,150 (±$63) | Not measurably different |
| Fenton | 4.8 mi | $1,275 (±$105) | Not measurably different |
| Lake Fenton | 5.5 mi | $1,547 (±$200) | Higher |
| Groveland Township | 6.3 mi | $1,584 (±$271) | Higher |
| Fenton Charter Township | 6.9 mi | $1,508 (±$227) | Higher |
| Springfield Charter Township | 7.1 mi | $1,206 (±$106) | Not measurably different |
| Tyrone Township (Livingston County) | 7.4 mi | $1,750 (±$84) | Higher |
| Grand Blanc Charter Township | 8.0 mi | $1,173 (±$44) | Not measurably different |
Nearby places with a measurably higher figure: Lake Fenton, MI ($1,547), Groveland Township, MI ($1,584), Fenton Charter Township, MI ($1,508).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Oakland County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Bingham Farms | $3,500 or more |
| 2 | Beverly Hills | $2,077 (±$471) |
| 3 | Wolverine Lake | $2,051 (±$367) |
| 4 | Milford | $1,173 (±$161) |
| 5 | Holly | $992 (±$274) |
| 6 | Oxford | $962 (±$78) |
| 7 | Ortonville | $956 (±$138) |
| 8 | Lake Orion | $798 (±$177) |
Holly lies inside Holly 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 Holly
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 Holly, 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 Holly beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Holly, and send estimates and invoices from your phone.
Questions about Holly
What is the average rent in Holly, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Holly is $992 (±$274) 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 Holly?
In Holly, the median gross rent went from $718 in 2015–2019 to $992 in 2020–2024 (+38.2%).
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 Holly cost more than $2,000 a month?
7.9% of rented homes in Holly have a gross rent of $2,000 or more a month, and 5.5% cost less than $500.
Is rent in Holly higher than in Oakland County?
In Holly, median gross rent is lower than in Oakland County ($1,376).
It is not measurably different from 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 — Holly village, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Holly village, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Holly village, 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 Holly village, Michigan (place:38700, 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
- Housing in Holly at a glance
- Rent by bedrooms in Holly
- Renters and owners in Holly
- Income and affordability in Holly
- Home values in Holly
- Homeowner costs in Holly
- Property taxes in Holly
- Types of homes in Holly
- Bedrooms in Holly
- Age of homes in Holly
- Heating fuel in Holly
- Commute and cars in Holly
- Crime reported to police in Holly
- Population growth in Holly
- How long people stay in Holly
- Crowding and facilities in Holly
- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by median rent
- Housing data for every place in Michigan