What is the median rent in Wolverine Lake, MI?

The median gross rent in Wolverine Lake, MI is $2,051 (±$367) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 425 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Wolverine Lake, the median gross rent went from $988 in 2015–2019 to $2,051 in 2020–2024 (+107.6%).

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
$2,051 (±$367)
Rented homes
425 (±94)
$2,000 or more
53.6%
Since 2015–2019
+107.6%

How much rent costs in Wolverine Lake

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentWolverine LakeOakland CountyMichiganUnited States
Less than $5000.0% (±6.8 points)4.6%8.3%6.3%
$500 to $99930.8% (±15.3 points)15.4%30.1%20.2%
$1,000 to $1,4996.4% (±7.8 points)39.5%38.4%28.1%
$1,500 to $1,9999.2% (±7.1 points)24.3%15.1%21.1%
$2,000 to $2,49935.5% (±15.5 points)9.7%5.0%12.0%
$2,500 to $2,9995.6% (±6.5 points)3.0%1.4%5.5%
$3,000 or more12.5% (±10.6 points)3.6%1.7%6.8%

The most common range is $2,000 to $2,499, paid by 35.5% of renting households.

53.6% of rented homes in Wolverine Lake cost $2,000 or more a month.

Wolverine Lake against Oakland County, its state and the nation

Estimate (90% margin of error)
Wolverine LakeOakland CountyMichiganUnited States
Median gross rent$2,051 (±$367)$1,376 (±$14)$1,129 (±$4)$1,413
Rented homes paying rent425 (±94)139,230 (±2,220)1,032,697 (±7,764)42,849,984

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

It is also higher than in Michigan ($1,129).

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

In Oakland County, Wolverine Lake ranks 3 of 8 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 3 of 224.

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

How rent in Wolverine 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$988 (±$268)$2,051 (±$367)+107.6%Up after inflation
Households that rent27.8% (±6.9 points)23.6% (±5.1 points)−4.2 percentage pointsNot a measurable change
Rental vacancy rate4.2% (±6.6 points)0.0% (±6.5 points)−4.2 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 Wolverine Lake

Nearest places with a published estimate, compared with Wolverine Lake
PlaceDistanceMedian gross rentCompared with this place
Wolverine Lake—$2,051 (±$367)—
Walled Lake1.3 mi$1,419 (±$183)Lower
Wixom3.1 mi$1,035 (±$36)Lower
West Bloomfield Charter Township5.1 mi$2,031 (±$115)Not measurably different
Novi5.2 mi$1,747 (±$64)Not measurably different
Milford6.3 mi$1,173 (±$161)Lower
Orchard Lake Village6.4 mi$936 (±$268)Lower
Milford Charter Township6.4 mi$1,466 (±$393)Lower
White Lake Charter Township7.1 mi$1,516 (±$184)Lower

Nearby places with a measurably lower figure: Walled Lake, MI ($1,419), Wixom, MI ($1,035), Milford, MI ($1,173).

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
1Bingham Farms$3,500 or more
2Beverly Hills$2,077 (±$471)
3Wolverine Lake$2,051 (±$367)
4Milford$1,173 (±$161)
5Holly$992 (±$274)
6Oxford$962 (±$78)
7Ortonville$956 (±$138)
8Lake Orion$798 (±$177)

Wolverine Lake lies inside Commerce Charter Township, whose figures include it, so it is ranked only against places like it.

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 Wolverine Lake

What is the average rent in Wolverine Lake, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Wolverine Lake is $2,051 (±$367) 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 Wolverine Lake?

In Wolverine Lake, the median gross rent went from $988 in 2015–2019 to $2,051 in 2020–2024 (+107.6%).

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 Wolverine Lake cost more than $2,000 a month?

53.6% of rented homes in Wolverine Lake have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Wolverine Lake higher than in Oakland County?

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

It is also higher than in Michigan ($1,129).

It is higher 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 Wolverine Lake village, Michigan (place:88260, 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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