What is the rental vacancy rate in Shelby Charter Township, MI?
The rental vacancy rate in Shelby Charter Township, MI is 3.7% (±1.9 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.0% (±0.6 points).
1,246 (±410) homes, 3.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Shelby Charter Township, the rental vacancy rate went from 6.2% in 2015–2019 to 3.7% in 2020–2024 (−2.5 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 3.7% (±1.9 points)
- Homeowner vacancy rate
- 1.0% (±0.6 points)
- Vacant homes
- 1,246 (±410)
Vacancy in Shelby Charter Township against Macomb County, its state and the nation
| Shelby Charter Township | Macomb County | Michigan | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 3.7% (±1.9 points) | 2.9% (±0.6 points) | 5.1% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.0% (±0.6 points) | 0.7% (±0.1 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 1,246 (±410) | 14,745 (±1,100) | 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 Shelby Charter Township, the rental vacancy rate is not measurably different from Macomb County (2.9%).
It is not measurably different from Michigan (5.1%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Shelby Charter Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Shelby Charter Township | — | 3.7% (±1.9 points) | — |
| Utica | 3.1 mi | 1.9% (±3.2 points) | Not measurably different |
| Rochester | 4.3 mi | 10.1% (±6.0 points) | Higher |
| Macomb Township | 6.1 mi | 1.7% (±1.8 points) | Not measurably different |
| Rochester Hills | 6.3 mi | 6.9% (±3.2 points) | Not measurably different |
| Sterling Heights | 6.4 mi | 5.0% (±1.9 points) | Not measurably different |
| Washington Charter Township | 6.4 mi | 0.0% (±1.4 points) | Lower |
| Oakland Charter Township | 8.1 mi | 21.5% (±16.3 points) | Higher |
| Troy | 8.3 mi | 6.1% (±2.4 points) | Not measurably different |
Nearby places with a measurably lower figure: Washington Charter Township, MI (0.0%).
Nearby places with a measurably higher figure: Rochester, MI (10.1%), Oakland Charter Township, MI (21.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Macomb County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Bruce Township (Macomb County) | 9.4% (±13.5 points) |
| 2 | Memphis | 6.5% (±9.9 points) |
| 3 | Sterling Heights | 5.0% (±1.9 points) |
| 4 | Warren | 4.4% (±1.6 points) |
| 5 | New Baltimore | 4.3% (±5.7 points) |
| 6 | Shelby Charter Township | 3.7% (±1.9 points) |
| 7 | Roseville | 2.8% (±1.7 points) |
| 8 | Clinton Charter Township | 2.6% (±1.2 points) |
| 9 | Utica | 1.9% (±3.2 points) |
| 10 | Macomb Township | 1.7% (±1.8 points) |
| 11 | Fraser | 1.6% (±2.5 points) |
| 12 | St. Clair Shores | 1.5% (±1.5 points) |
Showing 12 of 23 places in Macomb 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.
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Questions about Shelby Charter Township
Is it hard to find a rental in Shelby Charter Township?
The rental vacancy rate in Shelby Charter Township, MI is 3.7% (±1.9 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 Shelby Charter Township tighter than it was?
In Shelby Charter Township, the rental vacancy rate went from 6.2% in 2015–2019 to 3.7% in 2020–2024 (−2.5 percentage points), not a measurable change.
How many homes are vacant in Shelby Charter Township?
An estimated 1,246 (±410) housing units, 3.7% 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 — Shelby charter township, Macomb County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Shelby charter township, Macomb 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 Shelby charter township, Macomb County, Michigan (county subdivision:72820, in state:26 county:099).
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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- Renters and owners in Shelby Charter Township
- Income and affordability in Shelby Charter Township
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- Homeowner costs in Shelby Charter Township
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- Bedrooms in Shelby Charter Township
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- Crime reported to police in Shelby Charter Township
- Population growth in Shelby Charter Township
- How long people stay in Shelby Charter Township
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- Fair Market Rent in Shelby Charter Township
- Michigan landlord and tenant rules
- Housing across Macomb County
- Michigan places ranked by rental vacancy rate
- Housing data for every place in Michigan