What is the median rent in Sylvan Lake, MI?

The median gross rent in Sylvan Lake, MI is $1,113 (±$223) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 158 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Sylvan Lake, the median gross rent went from $1,712 in 2015–2019 to $1,113 in 2020–2024 (−35.0%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

Figures last updated on .

Median gross rent
$1,113 (±$223)
Rented homes
158 (±66)
$2,000 or more
1.9%
Since 2015–2019
−35.0%

How much rent costs in Sylvan Lake

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentSylvan LakeOakland CountyMichiganUnited States
Less than $5000.0% (±17.2 points)4.6%8.3%6.3%
$500 to $99938.6% (±26.5 points)15.4%30.1%20.2%
$1,000 to $1,49928.5% (±21.9 points)39.5%38.4%28.1%
$1,500 to $1,99931.0% (±20.1 points)24.3%15.1%21.1%
$2,000 to $2,4990.0% (±17.2 points)9.7%5.0%12.0%
$2,500 to $2,9990.0% (±17.2 points)3.0%1.4%5.5%
$3,000 or more1.9% (±3.2 points)3.6%1.7%6.8%

The most common range is $500 to $999, paid by 38.6% of renting households.

1.9% of rented homes in Sylvan Lake cost $2,000 or more a month.

Sylvan Lake against Oakland County, its state and the nation

Estimate (90% margin of error)
Sylvan LakeOakland CountyMichiganUnited States
Median gross rent$1,113 (±$223)$1,376 (±$14)$1,129 (±$4)$1,413
Rented homes paying rent158 (±66)139,230 (±2,220)1,032,697 (±7,764)42,849,984

In Sylvan Lake, median gross rent is lower than in Oakland County ($1,376).

It is not measurably different from Michigan ($1,129).

It is lower than the national figure ($1,413).

In Oakland County, Sylvan Lake ranks 39 of 48 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 374 of 1,305.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Sylvan Lake has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,712 (±$154)$1,113 (±$223)−35.0%Down after inflation
Households that rent22.2% (±5.8 points)18.5% (±6.9 points)−3.7 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±12.1 points)0.0% (±16.9 points)0.0 percentage pointsNot 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 Sylvan Lake

Nearest places with a published estimate, compared with Sylvan Lake
PlaceDistanceMedian gross rentCompared with this place
Sylvan Lake—$1,113 (±$223)—
Keego Harbor0.9 mi$1,194 (±$157)Not measurably different
Orchard Lake Village2.7 mi$936 (±$268)Not measurably different
Pontiac3.2 mi$1,063 (±$41)Not measurably different
Bloomfield Charter Township4.0 mi$1,574 (±$207)Higher
Waterford Charter Township4.2 mi$1,111 (±$30)Not measurably different
West Bloomfield Charter Township4.4 mi$2,031 (±$115)Higher
Bloomfield Hills5.1 mi$3,500 or more—
Auburn Hills6.1 mi$1,477 (±$39)Higher

Nearby places with a measurably higher figure: Bloomfield Charter Township, MI ($1,574), West Bloomfield Charter Township, MI ($2,031), Auburn Hills, MI ($1,477).

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

RankPlaceMedian gross rent
33South Lyon$1,310 (±$64)
34Clawson$1,253 (±$126)
35Springfield Charter Township$1,206 (±$106)
36Keego Harbor$1,194 (±$157)
37Madison Heights$1,176 (±$45)
38Rose Township (Oakland County)$1,150 (±$63)
39Sylvan Lake$1,113 (±$223)
40Waterford Charter Township$1,111 (±$30)
41Addison Township$1,102 (±$49)
42Pontiac$1,063 (±$41)
43 (tie)Brandon Charter Township$1,048 (±$152)
43 (tie)Highland Charter Township$1,048 (±$222)
45Wixom$1,035 (±$36)

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 Sylvan Lake

What is the average rent in Sylvan Lake, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Sylvan Lake is $1,113 (±$223) 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 Sylvan Lake?

In Sylvan Lake, the median gross rent went from $1,712 in 2015–2019 to $1,113 in 2020–2024 (−35.0%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

How many rentals in Sylvan Lake cost more than $2,000 a month?

1.9% of rented homes in Sylvan Lake have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Sylvan Lake higher than in Oakland County?

In Sylvan Lake, median gross rent is lower than in Oakland County ($1,376).

It is not measurably different from 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

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 Sylvan Lake city, Michigan (place:77860, 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.

Request a Census API 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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