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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Belding city, Michigan?

$668/month 3.6%vs 2023 ($693)

City · Census ACS 5-Year estimates

The median gross rent in Belding city, Michigan is $668/month (±$62), based on Census ACS 5-Year estimates (2024). The median home value is $163,800 (±$10,758), and the median household income is $60,373/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Belding city, Michigan

MetricValue
Median Gross Rent$668
Median Home Value$163,800
Median Household Income$60,373
Total Housing Units2,157
Renter-Occupied Units609
Renter-Occupied Share28%
Households Paying 50%+ Income203 households

How does Belding city, Michigan compare?

Median gross rent ranked against all cities in Michigan.

Higher rent than 12% of cities in Michigan · 524th 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
… 520 more …
524Belding city(you are here)$668
… 68 more …
593Hermansville CDP$334
594McBain city$298
595Rapid River CDP$99

More data for Belding city, Michigan

Frequently asked questions

What is the average rent in Belding city, Michigan?

The median gross rent in Belding city, Michigan is $668/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 Belding city, Michigan?

The median rent for a 2-bedroom in Belding 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 Belding city, Michigan?

The median home value in Belding city, Michigan is $163,800 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Belding city are rent-burdened?

In Belding city, Michigan, 203 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 Belding city, Michigan?

The median household income in Belding city, Michigan is $60,373/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 $668 has a margin of error of ±$62. 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.