What is the median rent in Lake Township (Missaukee County), MI?
The median gross rent in Lake Township (Missaukee County), MI is $800 (±$122) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 130 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Lake Township (Missaukee County), the median gross rent went from $817 in 2015–2019 to $800 in 2020–2024 (−2.1%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median gross rent
- $800 (±$122)
- Rented homes
- 130 (±67)
- $2,000 or more
- 0.0%
- Since 2015–2019
- −2.1%
How much rent costs in Lake Township (Missaukee County)
| Monthly gross rent | Lake Township (Missaukee County) | Missaukee County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±20.4 points) | 15.3% | 8.3% | 6.3% |
| $500 to $999 | 72.3% (±21.2 points) | 44.4% | 30.1% | 20.2% |
| $1,000 to $1,499 | 27.7% (±21.2 points) | 36.2% | 38.4% | 28.1% |
| $1,500 to $1,999 | 0.0% (±20.4 points) | 2.6% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±20.4 points) | 1.1% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±20.4 points) | 0.0% | 1.4% | 5.5% |
| $3,000 or more | 0.0% (±20.4 points) | 0.4% | 1.7% | 6.8% |
The most common range is $500 to $999, paid by 72.3% of renting households.
0.0% of rented homes in Lake Township (Missaukee County) cost $2,000 or more a month.
Lake Township (Missaukee County) against Missaukee County, its state and the nation
| Lake Township (Missaukee County) | Missaukee County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $800 (±$122) | $891 (±$57) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 130 (±67) | 738 (±92) | 1,032,697 (±7,764) | 42,849,984 |
In Lake Township (Missaukee County), median gross rent is not measurably different from Missaukee County ($891).
It is also lower than in Michigan ($1,129).
It is lower than the national figure ($1,413).
In Missaukee County, Lake Township (Missaukee County) ranks 12 of 16 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1020 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lake Township (Missaukee County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $817 (±$90) | $800 (±$122) | −2.1% | Down after inflation |
| Households that rent | 20.7% (±5.8 points) | 11.9% (±4.8 points) | −8.8 percentage points | Measurable decrease |
| Rental vacancy rate | 3.7% (±5.1 points) | 0.0% (±18.0 points) | −3.7 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 Township (Missaukee County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lake Township (Missaukee County) | — | $800 (±$122) | — |
| Lake City | 4.3 mi | $710 (±$108) | Not measurably different |
| Caldwell Township | 5.0 mi | $1,183 (±$236) | Higher |
| Haring Charter Township | 5.6 mi | $938 (±$121) | Not measurably different |
| Richland Township (Missaukee County) | 6.3 mi | $792 (±$311) | Not measurably different |
| Reeder Township | 6.8 mi | $878 (±$73) | Not measurably different |
| Cedar Creek Township (Wexford County) | 8.0 mi | $850 (±$583) | Not measurably different |
| McBain | 8.1 mi | $298 (±$101) | Lower |
| Cadillac | 8.2 mi | $842 (±$52) | Not measurably different |
Nearby places with a measurably lower figure: McBain, MI ($298).
Nearby places with a measurably higher figure: Caldwell Township, MI ($1,183).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Missaukee County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 6 | Aetna Township (Missaukee County) | $967 (±$163) |
| 7 | Bloomfield Township (Missaukee County) | $950 (±$76) |
| 8 | Riverside Township | $921 (±$122) |
| 9 | Butterfield Township | $893 (±$94) |
| 10 | Reeder Township | $878 (±$73) |
| 11 | Enterprise Township | $870 (±$54) |
| 12 | Lake Township (Missaukee County) | $800 (±$122) |
| 13 | Richland Township (Missaukee County) | $792 (±$311) |
| 14 | Lake City | $710 (±$108) |
| 15 | West Branch Township (Missaukee County) | $675 (±$253) |
| 16 | McBain | $298 (±$101) |
Showing 11 of 16 places in Missaukee 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 Lake Township (Missaukee County)
What is the average rent in Lake Township (Missaukee County), MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Township (Missaukee County) is $800 (±$122) 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 Township (Missaukee County)?
In Lake Township (Missaukee County), the median gross rent went from $817 in 2015–2019 to $800 in 2020–2024 (−2.1%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
How many rentals in Lake Township (Missaukee County) cost more than $2,000 a month?
0.0% of rented homes in Lake Township (Missaukee County) have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Lake Township (Missaukee County) higher than in Missaukee County?
In Lake Township (Missaukee County), median gross rent is not measurably different from Missaukee County ($891).
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 township, Missaukee County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake township, Missaukee County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake township, Missaukee County, 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 township, Missaukee County, Michigan (county subdivision:44380, in state:26 county:113).
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
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- Michigan landlord and tenant rules
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- Housing data for every place in Michigan