What is the median rent in Laketown Township, MI?

The median gross rent in Laketown Township, MI is $1,317 (±$93) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 199 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Laketown Township, the median gross rent went from $890 in 2015–2019 to $1,317 in 2020–2024 (+48.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median gross rent
$1,317 (±$93)
Rented homes
199 (±81)
$2,000 or more
5.0%
Since 2015–2019
+48.0%

How much rent costs in Laketown Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentLaketown TownshipAllegan CountyMichiganUnited States
Less than $5000.0% (±14.0 points)9.1%8.3%6.3%
$500 to $9997.0% (±8.0 points)29.7%30.1%20.2%
$1,000 to $1,49973.9% (±16.9 points)45.5%38.4%28.1%
$1,500 to $1,99914.1% (±16.5 points)12.2%15.1%21.1%
$2,000 to $2,4995.0% (±7.4 points)2.0%5.0%12.0%
$2,500 to $2,9990.0% (±14.0 points)0.9%1.4%5.5%
$3,000 or more0.0% (±14.0 points)0.5%1.7%6.8%

The most common range is $1,000 to $1,499, paid by 73.9% of renting households.

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

Laketown Township against Allegan County, its state and the nation

Estimate (90% margin of error)
Laketown TownshipAllegan CountyMichiganUnited States
Median gross rent$1,317 (±$93)$1,100 (±$40)$1,129 (±$4)$1,413
Rented homes paying rent199 (±81)5,194 (±492)1,032,697 (±7,764)42,849,984

In Laketown Township, median gross rent is higher than in Allegan County ($1,100).

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

It is lower than the national figure ($1,413).

In Allegan County, Laketown Township ranks 4 of 27 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 173 of 1,305.

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

How rent in Laketown 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$890 (±$64)$1,317 (±$93)+48.0%Up after inflation
Households that rent12.9% (±3.0 points)8.2% (±3.1 points)−4.7 percentage pointsMeasurable decrease
Rental vacancy rate1.8% (±3.0 points)9.8% (±14.0 points)+8.0 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 Laketown Township

Nearest places with a published estimate, compared with Laketown Township
PlaceDistanceMedian gross rentCompared with this place
Laketown Township—$1,317 (±$93)—
Saugatuck4.6 mi$616 (±$158)Lower
Holland4.8 mi$1,193 (±$36)Lower
Fillmore Township5.4 mi$1,154 (±$535)Not measurably different
Beechwood5.8 mi$871 (±$401)Lower
Douglas6.2 mi$781 (±$293)Lower
Saugatuck Township6.5 mi$1,103 (±$43)Lower
Park Township (Ottawa County)6.5 mi$1,154 (±$323)Not measurably different
Manlius Township8.2 mi$1,201 (±$1,089)Not measurably different

Nearby places with a measurably lower figure: Saugatuck, MI ($616), Holland, MI ($1,193), Beechwood, MI ($871).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Allegan County, place by place

RankPlaceMedian gross rent
1Dorr Township$1,542 (±$255)
2Leighton Township$1,533 (±$393)
3Monterey Township$1,338 (±$428)
4Laketown Township$1,317 (±$93)
5Overisel Township$1,284 (±$219)
6Clyde Township (Allegan County)$1,250 (±$455)
7Lee Township (Allegan County)$1,219 (±$712)
8Manlius Township$1,201 (±$1,089)
9Wayland Township$1,176 (±$356)
10Otsego Township$1,167 (±$209)

Showing 10 of 27 places in Allegan 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 Laketown Township

What is the average rent in Laketown Township, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Laketown Township is $1,317 (±$93) 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 Laketown Township?

In Laketown Township, the median gross rent went from $890 in 2015–2019 to $1,317 in 2020–2024 (+48.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Laketown Township cost more than $2,000 a month?

5.0% of rented homes in Laketown Township have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Laketown Township higher than in Allegan County?

In Laketown Township, median gross rent is higher than in Allegan County ($1,100).

It is also higher 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

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 Laketown township, Allegan County, Michigan (county subdivision:45180, in state:26 county:005).

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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