What is the median rent in Markey Township, MI?
The median gross rent in Markey Township, MI is $839 (±$45) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 165 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Markey Township, the median gross rent went from $768 in 2015–2019 to $839 in 2020–2024 (+9.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- Median gross rent
- $839 (±$45)
- Rented homes
- 165 (±72)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +9.2%
How much rent costs in Markey Township
| Monthly gross rent | Markey Township | Roscommon County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 18.2% (±18.7 points) | 20.0% | 8.3% | 6.3% |
| $500 to $999 | 67.9% (±19.9 points) | 56.8% | 30.1% | 20.2% |
| $1,000 to $1,499 | 13.9% (±16.2 points) | 18.2% | 38.4% | 28.1% |
| $1,500 to $1,999 | 0.0% (±16.6 points) | 2.7% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±16.6 points) | 1.4% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±16.6 points) | 0.0% | 1.4% | 5.5% |
| $3,000 or more | 0.0% (±16.6 points) | 0.9% | 1.7% | 6.8% |
The most common range is $500 to $999, paid by 67.9% of renting households.
0.0% of rented homes in Markey Township cost $2,000 or more a month.
Markey Township against Roscommon County, its state and the nation
| Markey Township | Roscommon County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $839 (±$45) | $816 (±$38) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 165 (±72) | 1,481 (±232) | 1,032,697 (±7,764) | 42,849,984 |
In Markey Township, median gross rent is not measurably different from Roscommon County ($816).
It is also lower than in Michigan ($1,129).
It is lower than the national figure ($1,413).
In Roscommon County, Markey Township ranks 3 of 7 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 931 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Markey Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $768 (±$71) | $839 (±$45) | +9.2% | Down after inflation |
| Households that rent | 16.9% (±4.6 points) | 16.1% (±5.7 points) | −0.8 percentage points | Not a measurable change |
| Rental vacancy rate | 32.5% (±15.2 points) | 10.4% (±11.1 points) | −22.1 percentage points | Measurable decrease |
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 Markey Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Markey Township | — | $839 (±$45) | — |
| Prudenville | 5.4 mi | $856 (±$44) | Not measurably different |
| Higgins Township | 6.0 mi | $668 (±$91) | Lower |
| Lake Township (Roscommon County) | 6.2 mi | $798 (±$220) | Not measurably different |
| Houghton Lake | 6.6 mi | $827 (±$67) | Not measurably different |
| Denton Township | 6.6 mi | $794 (±$156) | Not measurably different |
| Lyon Township | 8.4 mi | $867 (±$382) | Not measurably different |
| Roscommon | 8.6 mi | $659 (±$181) | Not measurably different |
| Roscommon Township | 11 mi | $868 (±$84) | Not measurably different |
Nearby places with a measurably lower figure: Higgins Township, MI ($668).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Roscommon County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Roscommon Township | $868 (±$84) |
| 2 | Lyon Township | $867 (±$382) |
| 3 | Markey Township | $839 (±$45) |
| 4 | Lake Township (Roscommon County) | $798 (±$220) |
| 5 | Denton Township | $794 (±$156) |
| 6 | Richfield Township (Roscommon County) | $741 (±$193) |
| 7 | Higgins Township | $668 (±$91) |
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 Markey Township
What is the average rent in Markey Township, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Markey Township is $839 (±$45) 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 Markey Township?
In Markey Township, the median gross rent went from $768 in 2015–2019 to $839 in 2020–2024 (+9.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
How many rentals in Markey Township cost more than $2,000 a month?
0.0% of rented homes in Markey Township have a gross rent of $2,000 or more a month, and 18.2% cost less than $500.
Is rent in Markey Township higher than in Roscommon County?
In Markey Township, median gross rent is not measurably different from Roscommon County ($816).
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 — Markey township, Roscommon County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Markey township, Roscommon County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Markey township, Roscommon 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 Markey township, Roscommon County, Michigan (county subdivision:51780, in state:26 county:143).
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 Markey Township at a glance
- Rent burden in Markey Township
- Renters and owners in Markey Township
- Income and affordability in Markey Township
- Home values in Markey Township
- Homeowner costs in Markey Township
- Property taxes in Markey Township
- Types of homes in Markey Township
- Bedrooms in Markey Township
- Age of homes in Markey Township
- Heating fuel in Markey Township
- Commute and cars in Markey Township
- Population growth in Markey Township
- How long people stay in Markey Township
- Michigan landlord and tenant rules
- Housing across Roscommon County
- Michigan places ranked by median rent
- Housing data for every place in Michigan