What is the median rent in South Lyon, MI?
The median gross rent in South Lyon, MI is $1,310 (±$64) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 848 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In South Lyon, the median gross rent went from $1,042 in 2015–2019 to $1,310 in 2020–2024 (+25.7%).
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
- $1,310 (±$64)
- Rented homes
- 848 (±185)
- $2,000 or more
- 7.2%
- Since 2015–2019
- +25.7%
How much rent costs in South Lyon
| Monthly gross rent | South Lyon | Oakland County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±3.5 points) | 4.6% | 8.3% | 6.3% |
| $500 to $999 | 17.9% (±7.6 points) | 15.4% | 30.1% | 20.2% |
| $1,000 to $1,499 | 61.9% (±10.3 points) | 39.5% | 38.4% | 28.1% |
| $1,500 to $1,999 | 13.0% (±8.0 points) | 24.3% | 15.1% | 21.1% |
| $2,000 to $2,499 | 7.2% (±6.4 points) | 9.7% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±3.5 points) | 3.0% | 1.4% | 5.5% |
| $3,000 or more | 0.0% (±3.5 points) | 3.6% | 1.7% | 6.8% |
The most common range is $1,000 to $1,499, paid by 61.9% of renting households.
7.2% of rented homes in South Lyon cost $2,000 or more a month.
South Lyon against Oakland County, its state and the nation
| South Lyon | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $1,310 (±$64) | $1,376 (±$14) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 848 (±185) | 139,230 (±2,220) | 1,032,697 (±7,764) | 42,849,984 |
In South Lyon, median gross rent is lower than in Oakland County ($1,376).
It is also higher than in Michigan ($1,129).
It is lower than the national figure ($1,413).
In Oakland County, South Lyon ranks 33 of 48 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 181 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in South Lyon has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,042 (±$65) | $1,310 (±$64) | +25.7% | No measurable change after inflation |
| Households that rent | 21.0% (±4.0 points) | 18.8% (±3.6 points) | −2.2 percentage points | Not a measurable change |
| Rental vacancy rate | 9.6% (±10.2 points) | 0.0% (±3.2 points) | −9.6 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 South Lyon
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| South Lyon | — | $1,310 (±$64) | — |
| Lyon Charter Township | 3.0 mi | $1,726 (±$341) | Higher |
| Green Oak Township | 3.9 mi | $1,216 (±$135) | Not measurably different |
| Salem Township (Washtenaw County) | 5.5 mi | $1,740 (±$218) | Higher |
| Whitmore Lake | 5.8 mi | $1,329 (±$232) | Not measurably different |
| Northfield Township | 6.3 mi | $1,621 (±$101) | Higher |
| Wixom | 7.6 mi | $1,035 (±$36) | Lower |
| Milford Charter Township | 7.7 mi | $1,466 (±$393) | Not measurably different |
| Brighton Township | 7.7 mi | $1,621 (±$446) | Not measurably different |
Nearby places with a measurably lower figure: Wixom, MI ($1,035).
Nearby places with a measurably higher figure: Lyon Charter Township, MI ($1,726), Salem Township (Washtenaw County), MI ($1,740), Northfield Township, MI ($1,621).
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 |
|---|---|---|
| 26 (tie) | Oxford Charter Township | $1,350 (±$166) |
| 28 (tie) | Farmington | $1,340 (±$54) |
| 28 (tie) | Southfield | $1,340 (±$28) |
| 30 | Orion Charter Township | $1,327 (±$65) |
| 31 | Hazel Park | $1,314 (±$54) |
| 32 | Ferndale | $1,311 (±$91) |
| 33 | South Lyon | $1,310 (±$64) |
| 34 | Clawson | $1,253 (±$126) |
| 35 | Springfield Charter Township | $1,206 (±$106) |
| 36 | Keego Harbor | $1,194 (±$157) |
| 37 | Madison Heights | $1,176 (±$45) |
| 38 | Rose Township (Oakland County) | $1,150 (±$63) |
| 39 | Sylvan Lake | $1,113 (±$223) |
Showing 13 of 48 places in Oakland 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 South Lyon
What is the average rent in South Lyon, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in South Lyon is $1,310 (±$64) 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 South Lyon?
In South Lyon, the median gross rent went from $1,042 in 2015–2019 to $1,310 in 2020–2024 (+25.7%).
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 South Lyon cost more than $2,000 a month?
7.2% of rented homes in South Lyon have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in South Lyon higher than in Oakland County?
In South Lyon, median gross rent is lower than in Oakland County ($1,376).
It is also higher 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 — South Lyon city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — South Lyon city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — South Lyon 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 South Lyon city, Michigan (place:75100, 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 .
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- Michigan landlord and tenant rules
- Housing across Oakland County
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- Housing data for every place in Michigan