What is the median rent in Independence Charter Township, MI?

The median gross rent in Independence Charter Township, MI is $1,453 (±$88) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 2,756 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Independence Charter Township, the median gross rent went from $1,110 in 2015–2019 to $1,453 in 2020–2024 (+30.9%).

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
$1,453 (±$88)
Rented homes
2,756 (±472)
$2,000 or more
5.0%
Since 2015–2019
+30.9%

How much rent costs in Independence Charter Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentIndependence Charter TownshipOakland CountyMichiganUnited States
Less than $5000.3% (±0.4 points)4.6%8.3%6.3%
$500 to $99910.6% (±5.8 points)15.4%30.1%20.2%
$1,000 to $1,49944.2% (±10.1 points)39.5%38.4%28.1%
$1,500 to $1,99939.9% (±9.7 points)24.3%15.1%21.1%
$2,000 to $2,4991.7% (±1.5 points)9.7%5.0%12.0%
$2,500 to $2,9990.9% (±1.2 points)3.0%1.4%5.5%
$3,000 or more2.4% (±2.1 points)3.6%1.7%6.8%

The most common range is $1,000 to $1,499, paid by 44.2% of renting households.

5.0% of rented homes in Independence Charter Township cost $2,000 or more a month.

Independence Charter Township against Oakland County, its state and the nation

Estimate (90% margin of error)
Independence Charter TownshipOakland CountyMichiganUnited States
Median gross rent$1,453 (±$88)$1,376 (±$14)$1,129 (±$4)$1,413
Rented homes paying rent2,756 (±472)139,230 (±2,220)1,032,697 (±7,764)42,849,984

In Independence Charter Township, median gross rent is not measurably different from Oakland County ($1,376).

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

It is not measurably different from the national figure ($1,413).

In Oakland County, Independence Charter Township ranks 21 of 48 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 107 of 1,305.

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

How rent in Independence Charter Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,110 (±$39)$1,453 (±$88)+30.9%No measurable change after inflation
Households that rent17.9% (±1.6 points)20.6% (±3.2 points)+2.7 percentage pointsNot a measurable change
Rental vacancy rate5.2% (±4.0 points)5.6% (±4.7 points)+0.4 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 Independence Charter Township

Nearest places with a published estimate, compared with Independence Charter Township
PlaceDistanceMedian gross rentCompared with this place
Independence Charter Township—$1,453 (±$88)—
Village of Clarkston1.8 mi$1,382 (±$114)Not measurably different
Springfield Charter Township5.6 mi$1,206 (±$106)Lower
Waterford Charter Township5.9 mi$1,111 (±$30)Lower
Brandon Charter Township6.6 mi$1,048 (±$152)Lower
Orion Charter Township6.6 mi$1,327 (±$65)Lower
Ortonville7.3 mi$956 (±$138)Lower
Lake Orion7.9 mi$798 (±$177)Lower
Oxford Charter Township8.4 mi$1,350 (±$166)Not measurably different

Nearby places with a measurably lower figure: Springfield Charter Township, MI ($1,206), Waterford Charter Township, MI ($1,111), Brandon Charter Township, MI ($1,048).

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
15Farmington Hills$1,551 (±$50)
16Berkley$1,526 (±$440)
17White Lake Charter Township$1,516 (±$184)
18Lathrup Village$1,483 (±$1,000)
19Auburn Hills$1,477 (±$39)
20Milford Charter Township$1,466 (±$393)
21Independence Charter Township$1,453 (±$88)
22Walled Lake$1,419 (±$183)
23Oak Park$1,396 (±$85)
24Village of Clarkston$1,382 (±$114)
25Royal Oak$1,381 (±$47)
26 (tie)Rochester$1,350 (±$83)
26 (tie)Oxford Charter Township$1,350 (±$166)

Showing 13 of 48 places in Oakland 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 Independence Charter Township

What is the average rent in Independence Charter Township, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Independence Charter Township is $1,453 (±$88) 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 Independence Charter Township?

In Independence Charter Township, the median gross rent went from $1,110 in 2015–2019 to $1,453 in 2020–2024 (+30.9%).

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 Independence Charter Township cost more than $2,000 a month?

5.0% of rented homes in Independence Charter Township have a gross rent of $2,000 or more a month, and 0.3% cost less than $500.

Is rent in Independence Charter Township higher than in Oakland County?

In Independence Charter Township, median gross rent is not measurably different from Oakland County ($1,376).

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

It is not measurably different from 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 Independence charter township, Oakland County, Michigan (county subdivision:40400, in state:26 county:125).

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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