What is the median rent in Milford Charter Township, MI?
The median gross rent in Milford Charter Township, MI is $1,466 (±$393) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 952 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Milford Charter Township, the median gross rent went from $1,117 in 2015–2019 to $1,466 in 2020–2024 (+31.2%).
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
- $1,466 (±$393)
- Rented homes
- 952 (±195)
- $2,000 or more
- 26.7%
- Since 2015–2019
- +31.2%
How much rent costs in Milford Charter Township
| Monthly gross rent | Milford Charter Township | Oakland County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 2.9% (±2.7 points) | 4.6% | 8.3% | 6.3% |
| $500 to $999 | 24.8% (±11.0 points) | 15.4% | 30.1% | 20.2% |
| $1,000 to $1,499 | 23.2% (±9.0 points) | 39.5% | 38.4% | 28.1% |
| $1,500 to $1,999 | 22.3% (±13.6 points) | 24.3% | 15.1% | 21.1% |
| $2,000 to $2,499 | 15.4% (±8.4 points) | 9.7% | 5.0% | 12.0% |
| $2,500 to $2,999 | 7.1% (±6.8 points) | 3.0% | 1.4% | 5.5% |
| $3,000 or more | 4.2% (±5.2 points) | 3.6% | 1.7% | 6.8% |
The most common range is $500 to $999, paid by 24.8% of renting households.
26.7% of rented homes in Milford Charter Township cost $2,000 or more a month.
Milford Charter Township against Oakland County, its state and the nation
| Milford Charter Township | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $1,466 (±$393) | $1,376 (±$14) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 952 (±195) | 139,230 (±2,220) | 1,032,697 (±7,764) | 42,849,984 |
In Milford Charter Township, median gross rent is not measurably different from Oakland County ($1,376).
It is not measurably different from Michigan ($1,129).
It is not measurably different from the national figure ($1,413).
In Oakland County, Milford Charter Township ranks 20 of 48 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 104 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Milford Charter Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,117 (±$61) | $1,466 (±$393) | +31.2% | No measurable change after inflation |
| Households that rent | 19.1% (±3.6 points) | 15.3% (±3.0 points) | −3.8 percentage points | Not a measurable change |
| Rental vacancy rate | 3.5% (±4.7 points) | 0.0% (±2.9 points) | −3.5 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 Milford Charter Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Milford Charter Township | — | $1,466 (±$393) | — |
| Wixom | 5.1 mi | $1,035 (±$36) | Lower |
| Lyon Charter Township | 5.8 mi | $1,726 (±$341) | Not measurably different |
| Commerce Charter Township | 5.9 mi | $2,005 (±$149) | Higher |
| Brighton Township | 6.0 mi | $1,621 (±$446) | Not measurably different |
| Highland Charter Township | 6.1 mi | $1,048 (±$222) | Not measurably different |
| Wolverine Lake | 6.4 mi | $2,051 (±$367) | Higher |
| Walled Lake | 7.3 mi | $1,419 (±$183) | Not measurably different |
| South Lyon | 7.7 mi | $1,310 (±$64) | Not measurably different |
Nearby places with a measurably lower figure: Wixom, MI ($1,035).
Nearby places with a measurably higher figure: Commerce Charter Township, MI ($2,005), Wolverine Lake, MI ($2,051).
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
| Rank | Place | Median gross rent |
|---|---|---|
| 14 | Bloomfield Charter Township | $1,574 (±$207) |
| 15 | Farmington Hills | $1,551 (±$50) |
| 16 | Berkley | $1,526 (±$440) |
| 17 | White Lake Charter Township | $1,516 (±$184) |
| 18 | Lathrup Village | $1,483 (±$1,000) |
| 19 | Auburn Hills | $1,477 (±$39) |
| 20 | Milford Charter Township | $1,466 (±$393) |
| 21 | Independence Charter Township | $1,453 (±$88) |
| 22 | Walled Lake | $1,419 (±$183) |
| 23 | Oak Park | $1,396 (±$85) |
| 24 | Village of Clarkston | $1,382 (±$114) |
| 25 | Royal Oak | $1,381 (±$47) |
| 26 (tie) | Rochester | $1,350 (±$83) |
Showing 13 of 48 places in Oakland County, ranked from highest to lowest.
The figures for Milford Charter Township include the places inside it that have pages of their own: Milford.
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 Milford Charter Township
What is the average rent in Milford Charter Township, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Milford Charter Township is $1,466 (±$393) 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 Milford Charter Township?
In Milford Charter Township, the median gross rent went from $1,117 in 2015–2019 to $1,466 in 2020–2024 (+31.2%).
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 Milford Charter Township cost more than $2,000 a month?
26.7% of rented homes in Milford Charter Township have a gross rent of $2,000 or more a month, and 2.9% cost less than $500.
Is rent in Milford Charter Township higher than in Oakland County?
In Milford Charter Township, median gross rent is not measurably different from Oakland County ($1,376).
It is not measurably different from 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Milford charter township, Oakland County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Milford charter township, Oakland County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Milford charter township, Oakland 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 Milford charter township, Oakland County, Michigan (county subdivision:53980, 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.
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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- Population growth in Milford Charter Township
- How long people stay in Milford Charter Township
- Crowding and facilities in Milford Charter Township
- Fair Market Rent in Milford Charter Township
- Michigan landlord and tenant rules
- Housing across Oakland County
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- Housing data for every place in Michigan