Allegan County Michigan Residential Rent and Rental Statistics
The median monthly gross residential rent in Allegan County MI was $869 in 2019 according to the Census ACS survey.1 Average gross rent in Allegan County was $692 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Allegan County median and average rent data will be released in September of 2021.
Data is also available below for Allegan County rental vacancy rates, Allegan County rent as a percent of median income and the fraction of renters in Allegan County.
Real Gross Rent in Allegan County Michigan (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Michigan Median Gross Rent | $888 | +1.25% | +3.62% |
| Allegan County MI Median Gross Rent | $869 | -2.14% | +9.58% |
Allegan County MI Real Gross Rent Trends
Median gross rent for Allegan County peaked in real terms in 2018 at $888 and is now $19 (2.14%) lower. Average gross rent for Allegan County peaked in real terms in 2012 at $806 and is now $114 (14.14%) lower.
Real Gross Rent: Allegan County MI Median, Allegan County MI Average, Michigan Median, US Median
Real Gross Rent History for Allegan County
| Date | US Median |
Michigan Median |
Allegan County MI Median |
Allegan County MI Average |
|---|---|---|---|---|
| 2019 | $1,097 | $888 | $869 | $692 |
| 2018 | $1,077 | $877 | $888 | $774 |
| 2017 | $1,043 | $861 | $836 | $756 |
| 2016 | $1,027 | $857 | $793 | $727 |
| 2015 | $1,017 | $852 | $778 | $688 |
| 2014 | $986 | $832 | $816 | $669 |
| 2013 | $953 | $809 | $788 | $768 |
| 2012 | $940 | $796 | $790 | $806 |
| 2011 | $941 | $798 | $768 | $712 |
| 2010 | $955 | $816 | $754 | $721 |
| 2009 | $960 | $816 | $742 | $690 |
| 2007 | $927 | $802 | $728 | $614 |
| 2005 | $910 | $819 | $760 | $671 |
Allegan County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Allegan County Michigan was 3.36% according to Census ACS data.
Rental Vacancy Rate in Allegan County Michigan
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Michigan | 5.56% | +0.74% | +0.15% |
| Allegan County MI | 3.36% | -3.34% | — |
Trends in Allegan County MI Rental Vacancy Rate
The rental vacancy rate in Allegan County peaked in 2011 at 13.21%. Since then it has fallen by 9.85% to 3.36%. Data records for this series originated in 2005. From a 2014 post peak low of 3.02%, the rental vacancy rate has increased by 0.34%.
Rental Vacancy Rate: Allegan County MI, Michigan, US
Historical Rental Vacancy Rate data for Allegan County
| Date | US | Michigan | Allegan County MI |
|---|---|---|---|
| 2019 | 5.97% | 5.56% | 3.36% |
| 2018 | 6.15% | 4.82% | 6.70% |
| 2017 | 6.18% | 4.87% | 3.34% |
| 2016 | 5.89% | 5.41% | — |
| 2015 | 5.85% | 5.19% | — |
| 2014 | 6.32% | 5.88% | 3.02% |
| 2013 | 6.49% | 6.04% | — |
| 2012 | 6.77% | 6.73% | — |
| 2011 | 7.40% | 7.72% | 13.21% |
| 2010 | 8.17% | 9.60% | 10.71% |
| 2009 | 8.43% | 9.48% | 9.20% |
| 2007 | 7.87% | 9.66% | — |
| 2005 | 7.74% | 10.09% | 6.67% |
Rent as a Fraction of Income
Using median household income data for Allegan County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Allegan County, median monthly gross rent as a fraction of median household income was 15.73% in 2019 according to the ACS.
Allegan County Michigan Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Michigan | 17.88% | -0.34% | -0.82% |
| Allegan County MI | 15.73% | -1.32% | +0.03% |
Trends in Allegan County MI Rent as a Fraction of Income
The fraction of median Allegan County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 18.06%. Since then it has fallen by 2.33% to 15.73%.
Fraction of Income towards Rent: Allegan County MI, Michigan, US
Historical Data for Annual Rent as a Fraction of Income in Allegan County Michigan
| Date | US | Michigan | Allegan County MI |
|---|---|---|---|
| 2019 | 20.03% | 17.88% | 15.73% |
| 2018 | 20.50% | 18.22% | 17.06% |
| 2017 | 20.13% | 18.25% | 15.48% |
| 2016 | 20.43% | 18.70% | 15.70% |
| 2015 | 20.63% | 18.86% | 15.92% |
| 2014 | 20.89% | 18.97% | 17.24% |
| 2013 | 20.78% | 19.09% | 16.01% |
| 2012 | 20.65% | 19.16% | 17.80% |
| 2011 | 20.70% | 19.29% | 16.89% |
| 2010 | 20.50% | 19.29% | 18.06% |
| 2009 | 20.12% | 18.99% | 15.53% |
| 2007 | 18.66% | 17.09% | 14.67% |
| 2005 | 18.89% | 17.07% | 15.63% |
Renter Fraction in Allegan County Michigan
You can calculate the renter fraction in Allegan County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Allegan County as a fraction of total Allegan County households. In 2019 19.83% of households were renters according to Census ACS data.
Allegan County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Michigan | 28.43% | -0.38% | -1.25% |
| Allegan County MI | 19.83% | +2.76% | +3.76% |
Trends in the Allegan County MI Renter Fraction
The Allegan County household renter fraction peaked in in 2015 at 21.07% and is now 1.24% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Allegan County MI, Michigan, US
History of Allegan County Renter Fraction
| Date | US | Michigan | Allegan County MI |
|---|---|---|---|
| 2019 | 35.89% | 28.43% | 19.83% |
| 2018 | 36.05% | 28.81% | 17.07% |
| 2017 | 36.13% | 28.67% | 15.49% |
| 2016 | 36.88% | 29.68% | 16.07% |
| 2015 | 36.97% | 29.58% | 21.07% |
| 2014 | 36.90% | 29.76% | 19.79% |
| 2013 | 36.50% | 29.45% | 18.12% |
| 2012 | 36.09% | 28.94% | 20.63% |
| 2011 | 35.42% | 28.26% | 17.58% |
| 2010 | 34.65% | 27.25% | 17.92% |
| 2009 | 34.13% | 26.81% | 17.48% |
| 2007 | 32.80% | 25.17% | 17.25% |
| 2005 | 33.10% | 25.33% | 17.62% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Rent
- / Michigan
- / Allegan County
