What is the median rent in Otsego, MI?
The median gross rent in Otsego, MI is $1,119 (±$541) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 402 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Otsego, the median gross rent went from $727 in 2015–2019 to $1,119 in 2020–2024 (+53.9%).
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
- $1,119 (±$541)
- Rented homes
- 402 (±143)
- $2,000 or more
- 1.7%
- Since 2015–2019
- +53.9%
How much rent costs in Otsego
| Monthly gross rent | Otsego | Allegan County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 7.2% (±7.5 points) | 9.1% | 8.3% | 6.3% |
| $500 to $999 | 37.8% (±24.0 points) | 29.7% | 30.1% | 20.2% |
| $1,000 to $1,499 | 19.9% (±14.7 points) | 45.5% | 38.4% | 28.1% |
| $1,500 to $1,999 | 33.3% (±31.4 points) | 12.2% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±7.2 points) | 2.0% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±7.2 points) | 0.9% | 1.4% | 5.5% |
| $3,000 or more | 1.7% (±3.2 points) | 0.5% | 1.7% | 6.8% |
The most common range is $500 to $999, paid by 37.8% of renting households.
1.7% of rented homes in Otsego cost $2,000 or more a month.
Otsego against Allegan County, its state and the nation
| Otsego | Allegan County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $1,119 (±$541) | $1,100 (±$40) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 402 (±143) | 5,194 (±492) | 1,032,697 (±7,764) | 42,849,984 |
In Otsego, median gross rent is not measurably different from Allegan County ($1,100).
It is not measurably different from Michigan ($1,129).
It is not measurably different from the national figure ($1,413).
In Allegan County, Otsego ranks 13 of 27 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 363 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Otsego has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $727 (±$164) | $1,119 (±$541) | +53.9% | No measurable change after inflation |
| Households that rent | 33.6% (±7.5 points) | 27.0% (±9.7 points) | −6.6 percentage points | Not a measurable change |
| Rental vacancy rate | 10.4% (±10.5 points) | 0.0% (±7.1 points) | −10.4 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 Otsego
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Otsego | — | $1,119 (±$541) | — |
| Otsego Township | 2.0 mi | $1,167 (±$209) | Not measurably different |
| Plainwell | 3.0 mi | $900 (±$295) | Not measurably different |
| Alamo Township | 5.4 mi | $1,277 (±$191) | Not measurably different |
| Gun Plain Township | 5.6 mi | $988 (±$419) | Not measurably different |
| Martin | 6.2 mi | $369 (±$261) | Lower |
| Trowbridge Township | 7.5 mi | $1,119 (±$405) | Not measurably different |
| Martin Township | 7.6 mi | $767 (±$79) | Not measurably different |
| Cooper Charter Township | 7.9 mi | $1,281 (±$84) | Not measurably different |
Nearby places with a measurably lower figure: Martin, MI ($369).
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
| Rank | Place | Median gross rent |
|---|---|---|
| 7 | Lee Township (Allegan County) | $1,219 (±$712) |
| 8 | Manlius Township | $1,201 (±$1,089) |
| 9 | Wayland Township | $1,176 (±$356) |
| 10 | Otsego Township | $1,167 (±$209) |
| 11 | Wayland | $1,160 (±$57) |
| 12 | Fillmore Township | $1,154 (±$535) |
| 13 (tie) | Otsego | $1,119 (±$541) |
| 13 (tie) | Trowbridge Township | $1,119 (±$405) |
| 15 | Allegan | $1,115 (±$111) |
| 16 | Saugatuck Township | $1,103 (±$43) |
| 17 | Ganges Township | $1,022 (±$474) |
| 18 | Cheshire Township | $1,017 (±$362) |
| 19 | Allegan Township | $998 (±$632) |
Showing 13 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.
What you can do on Seayora in Otsego
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Otsego, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Otsego beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Otsego, and send estimates and invoices from your phone.
Questions about Otsego
What is the average rent in Otsego, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Otsego is $1,119 (±$541) 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 Otsego?
In Otsego, the median gross rent went from $727 in 2015–2019 to $1,119 in 2020–2024 (+53.9%).
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 Otsego cost more than $2,000 a month?
1.7% of rented homes in Otsego have a gross rent of $2,000 or more a month, and 7.2% cost less than $500.
Is rent in Otsego higher than in Allegan County?
In Otsego, median gross rent is not measurably different from Allegan County ($1,100).
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 — Otsego city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Otsego city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Otsego city, 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 Otsego city, Michigan (place:61620, in state:26).
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 Otsego at a glance
- Renters and owners in Otsego
- Income and affordability in Otsego
- Home values in Otsego
- Homeowner costs in Otsego
- Property taxes in Otsego
- Types of homes in Otsego
- Bedrooms in Otsego
- Age of homes in Otsego
- Heating fuel in Otsego
- Commute and cars in Otsego
- Crime reported to police in Otsego
- Population growth in Otsego
- How long people stay in Otsego
- Michigan landlord and tenant rules
- Housing across Allegan County
- Michigan places ranked by median rent
- Housing data for every place in Michigan