Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Bay City city, Michigan?
City · Census ACS 5-Year estimates
The median gross rent in Bay City city, Michigan is $766/month (±$44), based on Census ACS 5-Year estimates (2024). The median home value is $97,600 (±$2,427), and the median household income is $49,420/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Bay City city, Michigan
| Metric | Value |
|---|---|
| Median Gross Rent | $766 |
| Median Home Value | $97,600 |
| Median Household Income | $49,420 |
| Total Housing Units | 14,677 |
| Renter-Occupied Units | 4,392 |
| Renter-Occupied Share | 30% |
| Households Paying 50%+ Income | 819 households |
How does Bay City city, Michigan compare?
Median gross rent ranked against all cities in Michigan.
Higher rent than 22% of cities in Michigan · 463th of 595
| # | City | Value |
|---|---|---|
| 1 | Bingham Farms village | $3,501 |
| 1 | Bloomfield Hills city | $3,501 |
| 3 | Huntington Woods city | $2,493 |
| … 459 more … | ||
| 463 | Bay City city(you are here) | $766 |
| … 129 more … | ||
| 593 | Hermansville CDP | $334 |
| 594 | McBain city | $298 |
| 595 | Rapid River CDP | $99 |
More data for Bay City city, Michigan
Browse by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Frequently asked questions
What is the average rent in Bay City city, Michigan?
The median gross rent in Bay City city, Michigan is $766/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 Bay City city, Michigan?
The median rent for a 2-bedroom in Bay City city, 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 Bay City city, Michigan?
The median home value in Bay City city, Michigan is $97,600 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Bay City city are rent-burdened?
In Bay City city, Michigan, 819 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 Bay City city, Michigan?
The median household income in Bay City city, Michigan is $49,420/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 $766 has a margin of error of ±$44. 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