Clinton County Michigan Residential Rent and Rental Statistics
The median monthly gross residential rent in Clinton County MI was $883 in 2019 according to the Census ACS survey.1 Average gross rent in Clinton County was $875 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 Clinton County median and average rent data will be released in September of 2021.
Data is also available below for Clinton County rental vacancy rates, Clinton County rent as a percent of median income and the fraction of renters in Clinton County.
Real Gross Rent in Clinton 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% |
| Clinton County MI Median Gross Rent | $883 | +3.52% | +13.64% |
Clinton County MI Real Gross Rent Trends
Median gross rent for Clinton County peaked in real terms in 2006 at $988 and is now $105 (10.63%) lower. Average gross rent for Clinton County peaked in real terms in 2006 at $1,058 and is now $183 (17.30%) lower. From a recent low of 774.0 in 2016, real average gross rent has now increased by $101 (13.05%).
Real Gross Rent: Clinton County MI Median, Clinton County MI Average, Michigan Median, US Median
Real Gross Rent History for Clinton County
| Date | US Median |
Michigan Median |
Clinton County MI Median |
Clinton County MI Average |
|---|---|---|---|---|
| 2019 | $1,097 | $888 | $883 | $875 |
| 2018 | $1,077 | $877 | $853 | $856 |
| 2017 | $1,043 | $861 | $817 | $834 |
| 2016 | $1,027 | $857 | $777 | $774 |
| 2015 | $1,017 | $852 | $866 | $868 |
| 2014 | $986 | $832 | $770 | $781 |
| 2013 | $953 | $809 | $848 | $877 |
| 2012 | $940 | $796 | $748 | $777 |
| 2011 | $941 | $798 | $823 | $788 |
| 2010 | $955 | $816 | $900 | $917 |
| 2009 | $960 | $816 | $759 | $796 |
| 2007 | $927 | $802 | $867 | $906 |
| 2005 | $910 | $819 | $744 | $873 |
Clinton County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2016 the rental vacancy rate for Clinton County Michigan was 7.79% according to Census ACS data.
Rental Vacancy Rate in Clinton County Michigan
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Michigan | 5.56% | +0.74% | +0.15% |
| Clinton County MI | — | — | — |
Trends in Clinton County MI Rental Vacancy Rate
The rental vacancy rate in Clinton County peaked in 2006 at 13.47%. Since then it has fallen by 5.68% to 7.79%. Data records for this series originated in 2005.
Rental Vacancy Rate: Clinton County MI, Michigan, US
Historical Rental Vacancy Rate data for Clinton County
| Date | US | Michigan | Clinton County MI |
|---|---|---|---|
| 2019 | 5.97% | 5.56% | — |
| 2018 | 6.15% | 4.82% | — |
| 2017 | 6.18% | 4.87% | — |
| 2016 | 5.89% | 5.41% | 7.79% |
| 2015 | 5.85% | 5.19% | — |
| 2014 | 6.32% | 5.88% | — |
| 2013 | 6.49% | 6.04% | — |
| 2012 | 6.77% | 6.73% | — |
| 2011 | 7.40% | 7.72% | — |
| 2010 | 8.17% | 9.60% | — |
| 2009 | 8.43% | 9.48% | — |
| 2007 | 7.87% | 9.66% | — |
| 2005 | 7.74% | 10.09% | — |
Rent as a Fraction of Income
Using median household income data for Clinton County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Clinton County, median monthly gross rent as a fraction of median household income was 15.21% in 2019 according to the ACS.
Clinton 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% |
| Clinton County MI | 15.21% | +0.75% | +1.67% |
Trends in Clinton County MI Rent as a Fraction of Income
The fraction of median Clinton County household income required to pay median monthly gross rent peaked in 2006 (relative to the 2005 series origin) at 17.06%. Since then it has fallen by 1.84% to 15.21%.
Fraction of Income towards Rent: Clinton County MI, Michigan, US
Historical Data for Annual Rent as a Fraction of Income in Clinton County Michigan
| Date | US | Michigan | Clinton County MI |
|---|---|---|---|
| 2019 | 20.03% | 17.88% | 15.21% |
| 2018 | 20.50% | 18.22% | 14.46% |
| 2017 | 20.13% | 18.25% | 15.29% |
| 2016 | 20.43% | 18.70% | 13.55% |
| 2015 | 20.63% | 18.86% | 15.36% |
| 2014 | 20.89% | 18.97% | 14.97% |
| 2013 | 20.78% | 19.09% | 16.22% |
| 2012 | 20.65% | 19.16% | 14.71% |
| 2011 | 20.70% | 19.29% | 15.96% |
| 2010 | 20.50% | 19.29% | 16.57% |
| 2009 | 20.12% | 18.99% | 13.77% |
| 2007 | 18.66% | 17.09% | 16.00% |
| 2005 | 18.89% | 17.07% | 12.00% |
Renter Fraction in Clinton County Michigan
You can calculate the renter fraction in Clinton 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 Clinton County as a fraction of total Clinton County households. In 2019 16.39% of households were renters according to Census ACS data.
Clinton 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% |
| Clinton County MI | 16.39% | -7.02% | -2.19% |
Trends in the Clinton County MI Renter Fraction
The Clinton County household renter fraction peaked in in 2018 at 23.41% and is now 7.02% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Clinton County MI, Michigan, US
History of Clinton County Renter Fraction
| Date | US | Michigan | Clinton County MI |
|---|---|---|---|
| 2019 | 35.89% | 28.43% | 16.39% |
| 2018 | 36.05% | 28.81% | 23.41% |
| 2017 | 36.13% | 28.67% | 20.90% |
| 2016 | 36.88% | 29.68% | 18.58% |
| 2015 | 36.97% | 29.58% | 21.92% |
| 2014 | 36.90% | 29.76% | 23.23% |
| 2013 | 36.50% | 29.45% | 21.26% |
| 2012 | 36.09% | 28.94% | 19.01% |
| 2011 | 35.42% | 28.26% | 16.86% |
| 2010 | 34.65% | 27.25% | 20.72% |
| 2009 | 34.13% | 26.81% | 18.73% |
| 2007 | 32.80% | 25.17% | 18.07% |
| 2005 | 33.10% | 25.33% | 16.83% |
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. ↩
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