What is the median rent in Monroe Charter Township, MI?
The median gross rent in Monroe Charter Township, MI is $1,021 (±$102) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,160 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Monroe Charter Township, the median gross rent went from $792 in 2015–2019 to $1,021 in 2020–2024 (+28.9%).
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
- $1,021 (±$102)
- Rented homes
- 1,160 (±208)
- $2,000 or more
- 6.2%
- Since 2015–2019
- +28.9%
How much rent costs in Monroe Charter Township
| Monthly gross rent | Monroe Charter Township | Monroe County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 19.7% (±6.9 points) | 10.5% | 8.3% | 6.3% |
| $500 to $999 | 27.8% (±9.9 points) | 33.7% | 30.1% | 20.2% |
| $1,000 to $1,499 | 32.3% (±10.6 points) | 41.0% | 38.4% | 28.1% |
| $1,500 to $1,999 | 13.9% (±6.6 points) | 10.7% | 15.1% | 21.1% |
| $2,000 to $2,499 | 1.9% (±2.1 points) | 2.9% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±2.5 points) | 0.4% | 1.4% | 5.5% |
| $3,000 or more | 4.3% (±5.8 points) | 0.7% | 1.7% | 6.8% |
The most common range is $1,000 to $1,499, paid by 32.3% of renting households.
6.2% of rented homes in Monroe Charter Township cost $2,000 or more a month.
Monroe Charter Township against Monroe County, its state and the nation
| Monroe Charter Township | Monroe County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $1,021 (±$102) | $1,059 (±$43) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 1,160 (±208) | 10,623 (±710) | 1,032,697 (±7,764) | 42,849,984 |
In Monroe Charter Township, median gross rent is not measurably different from Monroe County ($1,059).
It is also lower than in Michigan ($1,129).
It is lower than the national figure ($1,413).
In Monroe County, Monroe Charter Township ranks 10 of 16 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 540 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Monroe Charter Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $792 (±$60) | $1,021 (±$102) | +28.9% | No measurable change after inflation |
| Households that rent | 23.5% (±2.9 points) | 20.0% (±3.3 points) | −3.5 percentage points | Not a measurable change |
| Rental vacancy rate | 3.8% (±4.1 points) | 2.1% (±3.2 points) | −1.7 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 Monroe Charter Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Monroe Charter Township | — | $1,021 (±$102) | — |
| Monroe | 2.6 mi | $909 (±$47) | Not measurably different |
| La Salle Township | 3.7 mi | $1,080 (±$193) | Not measurably different |
| Frenchtown Township | 5.8 mi | $1,059 (±$62) | Not measurably different |
| Luna Pier | 6.3 mi | $395 (±$94) | Lower |
| Erie Township | 8.7 mi | $934 (±$263) | Not measurably different |
| Stony Point | 8.7 mi | $985 (±$91) | Not measurably different |
| Ida Township | 9.1 mi | $982 (±$92) | Not measurably different |
| Maybee | 9.2 mi | $943 (±$181) | Not measurably different |
Nearby places with a measurably lower figure: Luna Pier, MI ($395).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Monroe County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 4 | Berlin Charter Township | $1,284 (±$78) |
| 5 | Dundee Township | $1,242 (±$152) |
| 6 | Ash Township | $1,115 (±$156) |
| 7 | La Salle Township | $1,080 (±$193) |
| 8 | Exeter Township | $1,067 (±$56) |
| 9 | Frenchtown Township | $1,059 (±$62) |
| 10 | Monroe Charter Township | $1,021 (±$102) |
| 11 | Petersburg | $1,012 (±$153) |
| 12 | Ida Township | $982 (±$92) |
| 13 | Erie Township | $934 (±$263) |
| 14 | Monroe | $909 (±$47) |
| 15 | Whiteford Township | $881 (±$85) |
| 16 | Luna Pier | $395 (±$94) |
Showing 13 of 16 places in Monroe County, ranked from highest to lowest.
The figures for Monroe Charter Township include the places inside it that have pages of their own: South Monroe, West Monroe.
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 Monroe Charter Township
What is the average rent in Monroe Charter Township, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Monroe Charter Township is $1,021 (±$102) 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 Monroe Charter Township?
In Monroe Charter Township, the median gross rent went from $792 in 2015–2019 to $1,021 in 2020–2024 (+28.9%).
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 Monroe Charter Township cost more than $2,000 a month?
6.2% of rented homes in Monroe Charter Township have a gross rent of $2,000 or more a month, and 19.7% cost less than $500.
Is rent in Monroe Charter Township higher than in Monroe County?
In Monroe Charter Township, median gross rent is not measurably different from Monroe County ($1,059).
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 — Monroe charter township, Monroe County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Monroe charter township, Monroe County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Monroe charter township, Monroe 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 Monroe charter township, Monroe County, Michigan (county subdivision:55040, in state:26 county:115).
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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- Types of homes in Monroe Charter Township
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- Age of homes in Monroe Charter Township
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- Population growth in Monroe Charter Township
- How long people stay in Monroe Charter Township
- Crowding and facilities in Monroe Charter Township
- Michigan landlord and tenant rules
- Housing across Monroe County
- Michigan places ranked by median rent
- Housing data for every place in Michigan