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

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentHollyOakland CountyMichiganUnited States
Less than $5005.5% (±5.9 points)4.6%8.3%6.3%
$500 to $99947.0% (±25.5 points)15.4%30.1%20.2%
$1,000 to $1,49921.4% (±14.1 points)39.5%38.4%28.1%
$1,500 to $1,99918.2% (±13.7 points)24.3%15.1%21.1%
$2,000 to $2,4995.7% (±7.7 points)9.7%5.0%12.0%
$2,500 to $2,9990.0% (±4.1 points)3.0%1.4%5.5%
$3,000 or more2.2% (±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

Estimate (90% margin of error)
HollyOakland CountyMichiganUnited States
Median gross rent$992 (±$274)$1,376 (±$14)$1,129 (±$4)$1,413
Rented homes paying rent724 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$718 (±$152)$992 (±$274)+38.2%No measurable change after inflation
Households that rent30.7% (±7.0 points)29.1% (±10.0 points)−1.6 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±2.7 points)0.0% (±3.9 points)0.0 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 Holly

Nearest places with a published estimate, compared with Holly
PlaceDistanceMedian gross rentCompared with this place
Holly—$992 (±$274)—
Rose Township (Oakland County)4.0 mi$1,150 (±$63)Not measurably different
Fenton4.8 mi$1,275 (±$105)Not measurably different
Lake Fenton5.5 mi$1,547 (±$200)Higher
Groveland Township6.3 mi$1,584 (±$271)Higher
Fenton Charter Township6.9 mi$1,508 (±$227)Higher
Springfield Charter Township7.1 mi$1,206 (±$106)Not measurably different
Tyrone Township (Livingston County)7.4 mi$1,750 (±$84)Higher
Grand Blanc Charter Township8.0 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

RankPlaceMedian gross rent
1Bingham Farms$3,500 or more
2Beverly Hills$2,077 (±$471)
3Wolverine Lake$2,051 (±$367)
4Milford$1,173 (±$161)
5Holly$992 (±$274)
6Oxford$962 (±$78)
7Ortonville$956 (±$138)
8Lake 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.

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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

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.

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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