What is the median rent in Wayland, MI?
The median gross rent in Wayland, MI is $1,160 (±$57) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 479 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Wayland, the median gross rent went from $779 in 2015–2019 to $1,160 in 2020–2024 (+48.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,160 (±$57)
- Rented homes
- 479 (±144)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +48.9%
How much rent costs in Wayland
| Monthly gross rent | Wayland | Allegan County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 2.7% (±4.5 points) | 9.1% | 8.3% | 6.3% |
| $500 to $999 | 13.4% (±9.0 points) | 29.7% | 30.1% | 20.2% |
| $1,000 to $1,499 | 63.5% (±15.0 points) | 45.5% | 38.4% | 28.1% |
| $1,500 to $1,999 | 20.5% (±13.6 points) | 12.2% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±6.1 points) | 2.0% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±6.1 points) | 0.9% | 1.4% | 5.5% |
| $3,000 or more | 0.0% (±6.1 points) | 0.5% | 1.7% | 6.8% |
The most common range is $1,000 to $1,499, paid by 63.5% of renting households.
0.0% of rented homes in Wayland cost $2,000 or more a month.
Wayland against Allegan County, its state and the nation
| Wayland | Allegan County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $1,160 (±$57) | $1,100 (±$40) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 479 (±144) | 5,194 (±492) | 1,032,697 (±7,764) | 42,849,984 |
In Wayland, median gross rent is not measurably different from Allegan County ($1,100).
It is not measurably different from Michigan ($1,129).
It is lower than the national figure ($1,413).
In Allegan County, Wayland ranks 11 of 27 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 316 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Wayland has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $779 (±$32) | $1,160 (±$57) | +48.9% | Up after inflation |
| Households that rent | 41.0% (±7.1 points) | 28.8% (±7.6 points) | −12.2 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±3.5 points) | 0.0% (±6.1 points) | 0.0 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 Wayland
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Wayland | — | $1,160 (±$57) | — |
| Wayland Township | 3.2 mi | $1,176 (±$356) | Not measurably different |
| Leighton Township | 4.3 mi | $1,533 (±$393) | Not measurably different |
| Hopkins Township | 4.6 mi | $850 (±$209) | Lower |
| Dorr Township | 5.4 mi | $1,542 (±$255) | Higher |
| Thornapple Township | 8.0 mi | $1,059 (±$97) | Not measurably different |
| Yankee Springs Township | 8.3 mi | $971 (±$496) | Not measurably different |
| Martin Township | 8.8 mi | $767 (±$79) | Lower |
| Middleville | 9.3 mi | $1,063 (±$90) | Not measurably different |
Nearby places with a measurably lower figure: Hopkins Township, MI ($850), Martin Township, MI ($767).
Nearby places with a measurably higher figure: Dorr Township, MI ($1,542).
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 |
|---|---|---|
| 5 | Overisel Township | $1,284 (±$219) |
| 6 | Clyde Township (Allegan County) | $1,250 (±$455) |
| 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) |
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.
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Questions about Wayland
What is the average rent in Wayland, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Wayland is $1,160 (±$57) 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 Wayland?
In Wayland, the median gross rent went from $779 in 2015–2019 to $1,160 in 2020–2024 (+48.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Wayland cost more than $2,000 a month?
0.0% of rented homes in Wayland have a gross rent of $2,000 or more a month, and 2.7% cost less than $500.
Is rent in Wayland higher than in Allegan County?
In Wayland, median gross rent is not measurably different from Allegan County ($1,100).
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wayland city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wayland city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Wayland 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 Wayland city, Michigan (place:84880, 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
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- Renters and owners in Wayland
- Income and affordability in Wayland
- Home values in Wayland
- Homeowner costs in Wayland
- Property taxes in Wayland
- Types of homes in Wayland
- Bedrooms in Wayland
- Age of homes in Wayland
- Heating fuel in Wayland
- Commute and cars in Wayland
- Population growth in Wayland
- How long people stay in Wayland
- Michigan landlord and tenant rules
- Housing across Allegan County
- Michigan places ranked by median rent
- Housing data for every place in Michigan