TenantureLeasing Agent

Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Augusta village, Michigan?

$748/month 8.3%vs 2023 ($816)

City · Census ACS 5-Year estimates

The median gross rent in Augusta village, Michigan is $748/month (±$276), based on Census ACS 5-Year estimates (2024). The median home value is $140,600 (±$14,777), and the median household income is $59,500/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Augusta village, Michigan

MetricValue
Median Gross Rent$748
Median Home Value$140,600
Median Household Income$59,500
Total Housing Units336
Renter-Occupied Units108
Renter-Occupied Share32%
Households Paying 50%+ Income17 households

How does Augusta village, Michigan compare?

Median gross rent ranked against all cities in Michigan.

Higher rent than 21% of cities in Michigan · 473th 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
… 469 more …
473Augusta village(you are here)$748
… 119 more …
593Hermansville CDP$334
594McBain city$298
595Rapid River CDP$99

More data for Augusta village, Michigan

Frequently asked questions

What is the average rent in Augusta village, Michigan?

The median gross rent in Augusta village, Michigan is $748/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 Augusta village, Michigan?

The median rent for a 2-bedroom in Augusta 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 Augusta village, Michigan?

The median home value in Augusta village, Michigan is $140,600 according to Census ACS 5-Year estimates (2024).

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

In Augusta village, Michigan, 17 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 Augusta village, Michigan?

The median household income in Augusta village, Michigan is $59,500/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 $748 has a margin of error of ±$276. In very small areas, MOEs can be large relative to the estimate.

Managing rental properties?

Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.

Get started free
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.