What is the rental vacancy rate in Milford Charter Township, MI?
The rental vacancy rate in Milford Charter Township, MI is 0.0% (±2.9 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.6% (±0.9 points).
145 (±100) homes, 2.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Milford Charter Township, the rental vacancy rate went from 3.5% in 2015–2019 to 0.0% in 2020–2024 (−3.5 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 0.0% (±2.9 points)
- Homeowner vacancy rate
- 0.6% (±0.9 points)
- Vacant homes
- 145 (±100)
Vacancy in Milford Charter Township against Oakland County, its state and the nation
| Milford Charter Township | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.0% (±2.9 points) | 7.4% (±0.6 points) | 5.1% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.6% (±0.9 points) | 0.4% (±0.1 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 145 (±100) | 30,888 (±1,757) | 545,867 (±7,991) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Milford Charter Township, the rental vacancy rate is lower than in Oakland County (7.4%).
It is also lower than in Michigan (5.1%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Milford Charter Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Milford Charter Township | — | 0.0% (±2.9 points) | — |
| Wixom | 5.1 mi | 1.0% (±1.7 points) | Not measurably different |
| Lyon Charter Township | 5.8 mi | 3.8% (±6.0 points) | Not measurably different |
| Commerce Charter Township | 5.9 mi | 3.1% (±3.1 points) | Not measurably different |
| Brighton Township | 6.0 mi | 0.0% (±8.2 points) | Not measurably different |
| Highland Charter Township | 6.1 mi | 3.2% (±3.8 points) | Not measurably different |
| Wolverine Lake | 6.4 mi | 0.0% (±6.5 points) | Not measurably different |
| Walled Lake | 7.3 mi | 4.7% (±7.1 points) | Not measurably different |
| South Lyon | 7.7 mi | 0.0% (±3.2 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Oakland County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 41 (tie) | Huntington Woods | 0.0% (±27.2 points) |
| 41 (tie) | Orchard Lake Village | 0.0% (±59.4 points) |
| 41 (tie) | South Lyon | 0.0% (±3.2 points) |
| 41 (tie) | Sylvan Lake | 0.0% (±16.9 points) |
| 41 (tie) | Brandon Charter Township | 0.0% (±7.6 points) |
| 41 (tie) | Holly Township | 0.0% (±2.9 points) |
| 41 (tie) | Milford Charter Township | 0.0% (±2.9 points) |
| 41 (tie) | Novi Township | 0.0% (±100.0 points) |
| 41 (tie) | Rose Township (Oakland County) | 0.0% (±29.5 points) |
Showing 9 of 49 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
Is it hard to find a rental in Milford Charter Township?
The rental vacancy rate in Milford Charter Township, MI is 0.0% (±2.9 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Milford Charter Township tighter than it was?
In Milford Charter Township, the rental vacancy rate went from 3.5% in 2015–2019 to 0.0% in 2020–2024 (−3.5 percentage points), not a measurable change.
How many homes are vacant in Milford Charter Township?
An estimated 145 (±100) housing units, 2.2% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 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
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 DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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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- Income and affordability in Milford Charter Township
- Home values in Milford Charter Township
- Homeowner costs in Milford Charter Township
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- Types of homes in Milford Charter Township
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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
- Michigan places ranked by rental vacancy rate
- Housing data for every place in Michigan