What is the median rent in Lake Odessa, MI?
The median gross rent in Lake Odessa, MI is $770 (±$253) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 111 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Lake Odessa, the median gross rent went from $670 in 2015–2019 to $770 in 2020–2024 (+14.9%).
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
- $770 (±$253)
- Rented homes
- 111 (±46)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +14.9%
How much rent costs in Lake Odessa
| Monthly gross rent | Lake Odessa | Ionia County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 29.7% (±19.3 points) | 16.5% | 8.3% | 6.3% |
| $500 to $999 | 44.1% (±21.0 points) | 41.2% | 30.1% | 20.2% |
| $1,000 to $1,499 | 21.6% (±17.6 points) | 34.4% | 38.4% | 28.1% |
| $1,500 to $1,999 | 4.5% (±7.4 points) | 4.2% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±23.4 points) | 1.7% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±23.4 points) | 0.1% | 1.4% | 5.5% |
| $3,000 or more | 0.0% (±23.4 points) | 2.0% | 1.7% | 6.8% |
The most common range is $500 to $999, paid by 44.1% of renting households.
0.0% of rented homes in Lake Odessa cost $2,000 or more a month.
Lake Odessa against Ionia County, its state and the nation
| Lake Odessa | Ionia County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $770 (±$253) | $884 (±$64) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 111 (±46) | 4,968 (±423) | 1,032,697 (±7,764) | 42,849,984 |
In Lake Odessa, median gross rent is not measurably different from Ionia County ($884).
It is also lower than in Michigan ($1,129).
It is lower than the national figure ($1,413).
In Ionia County, Lake Odessa ranks 4 of 7 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 162 of 224.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lake Odessa has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $670 (±$68) | $770 (±$253) | +14.9% | No measurable change after inflation |
| Households that rent | 34.5% (±7.8 points) | 22.6% (±7.6 points) | −11.9 percentage points | Measurable decrease |
| Rental vacancy rate | 4.8% (±7.2 points) | 11.7% (±17.3 points) | +6.9 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 Lake Odessa
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lake Odessa | — | $770 (±$253) | — |
| Woodland | 3.9 mi | $408 (±$402) | Not measurably different |
| Woodland Township | 3.9 mi | $643 (±$297) | Not measurably different |
| Sebewa Township | 6.0 mi | $1,190 (±$463) | Not measurably different |
| Clarksville | 6.7 mi | $480 (±$60) | Lower |
| Carlton Township | 7.1 mi | $925 (±$624) | Not measurably different |
| Sunfield Township | 7.2 mi | $1,038 (±$217) | Not measurably different |
| Sunfield | 7.4 mi | $896 (±$321) | Not measurably different |
| Berlin Township (Ionia County) | 8.6 mi | $1,212 (±$525) | Not measurably different |
Nearby places with a measurably lower figure: Clarksville, MI ($480).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Ionia County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Lyons | $1,063 (±$155) |
| 2 | Pewamo | $960 (±$108) |
| 3 | Hubbardston | $840 (±$41) |
| 4 | Lake Odessa | $770 (±$253) |
| 5 (tie) | Muir | $538 (±$186) |
| 5 (tie) | Saranac | $538 (±$193) |
| 7 | Clarksville | $480 (±$60) |
Lake Odessa lies inside Odessa 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 Lake Odessa
What is the average rent in Lake Odessa, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Odessa is $770 (±$253) 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 Lake Odessa?
In Lake Odessa, the median gross rent went from $670 in 2015–2019 to $770 in 2020–2024 (+14.9%).
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 Lake Odessa cost more than $2,000 a month?
0.0% of rented homes in Lake Odessa have a gross rent of $2,000 or more a month, and 29.7% cost less than $500.
Is rent in Lake Odessa higher than in Ionia County?
In Lake Odessa, median gross rent is not measurably different from Ionia County ($884).
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Odessa village, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Odessa village, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Odessa 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 Lake Odessa village, Michigan (place:44880, 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 Lake Odessa at a glance
- Rent burden in Lake Odessa
- Renters and owners in Lake Odessa
- Income and affordability in Lake Odessa
- Home values in Lake Odessa
- Homeowner costs in Lake Odessa
- Property taxes in Lake Odessa
- Types of homes in Lake Odessa
- Bedrooms in Lake Odessa
- Age of homes in Lake Odessa
- Heating fuel in Lake Odessa
- Commute and cars in Lake Odessa
- Population growth in Lake Odessa
- How long people stay in Lake Odessa
- Michigan landlord and tenant rules
- Housing across Ionia County
- Michigan places ranked by median rent
- Housing data for every place in Michigan