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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Applegate village, Michigan?

$1,063/month 0%vs 2023 ($1,063)

City · Census ACS 5-Year estimates

The median gross rent in Applegate village, Michigan is $1,063/month (±$221), based on Census ACS 5-Year estimates (2024). The median home value is $96,500 (±$5,652), and the median household income is $65,625/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Applegate village, Michigan

MetricValue
Median Gross Rent$1,063
Median Home Value$96,500
Median Household Income$65,625
Total Housing Units105
Renter-Occupied Units17
Renter-Occupied Share16%
Households Paying 50%+ Income4 households

How does Applegate village, Michigan compare?

Median gross rent ranked against all cities in Michigan.

Higher rent than 73% of cities in Michigan · 164th of 595

Cheapest: Hermansville CDP($334)
Priciest: Bingham Farms village($3,501)
#CityValue
1Bingham Farms village$3,501
1Bloomfield Hills city$3,501
3Huntington Woods city$2,493
… 160 more …
164Applegate village(you are here)$1,063
… 428 more …
593Hermansville CDP$334
594McBain city$298
595Rapid River CDP$99

More data for Applegate village, Michigan

Frequently asked questions

What is the average rent in Applegate village, Michigan?

The median gross rent in Applegate village, Michigan is $1,063/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Applegate village, Michigan?

The median rent for a 2-bedroom in Applegate village, Michigan is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Applegate village, Michigan?

The median home value in Applegate village, Michigan is $96,500 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Applegate village are rent-burdened?

In Applegate village, Michigan, 4 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Applegate village, Michigan?

The median household income in Applegate village, Michigan is $65,625/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,063 has a margin of error of ±$221. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.