Livingston County Michigan Residential Rent and Rental Statistics
The median monthly gross residential rent in Livingston County MI was $1,033 in 2019 according to the Census ACS survey.1 Average gross rent in Livingston County was $1,006 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 Livingston County median and average rent data will be released in September of 2021.
Data is also available below for Livingston County rental vacancy rates, Livingston County rent as a percent of median income and the fraction of renters in Livingston County.
Real Gross Rent in Livingston 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% |
| Livingston County MI Median Gross Rent | $1,033 | -3.91% | +3.30% |
Livingston County MI Real Gross Rent Trends
Median gross rent for Livingston County peaked in real terms in 2017 at $1,119 and is now $86 (7.69%) lower. Average gross rent for Livingston County peaked in real terms in 2017 at $1,129 and is now $123 (10.89%) lower.
Real Gross Rent: Livingston County MI Median, Livingston County MI Average, Michigan Median, US Median
Real Gross Rent History for Livingston County
| Date | US Median |
Michigan Median |
Livingston County MI Median |
Livingston County MI Average |
|---|---|---|---|---|
| 2019 | $1,097 | $888 | $1,033 | $1,006 |
| 2018 | $1,077 | $877 | $1,075 | $1,123 |
| 2017 | $1,043 | $861 | $1,119 | $1,129 |
| 2016 | $1,027 | $857 | $1,000 | $1,013 |
| 2015 | $1,017 | $852 | $965 | $1,069 |
| 2014 | $986 | $832 | $984 | $1,040 |
| 2013 | $953 | $809 | $897 | $964 |
| 2012 | $940 | $796 | $981 | $994 |
| 2011 | $941 | $798 | $1,003 | $1,020 |
| 2010 | $955 | $816 | $923 | $905 |
| 2009 | $960 | $816 | $1,004 | $998 |
| 2007 | $927 | $802 | $1,010 | $1,107 |
| 2005 | $910 | $819 | $965 | $959 |
Livingston 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 Livingston County Michigan was 2.62% according to Census ACS data.
Rental Vacancy Rate in Livingston County Michigan
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Michigan | 5.56% | +0.74% | +0.15% |
| Livingston County MI | 2.62% | — | -4.09% |
Trends in Livingston County MI Rental Vacancy Rate
The rental vacancy rate in Livingston County peaked in 2006 at 12.05%. Since then it has fallen by 9.43% to 2.62%. Data records for this series originated in 2005.
Rental Vacancy Rate: Livingston County MI, Michigan, US
Historical Rental Vacancy Rate data for Livingston County
| Date | US | Michigan | Livingston County MI |
|---|---|---|---|
| 2019 | 5.97% | 5.56% | 2.62% |
| 2018 | 6.15% | 4.82% | — |
| 2017 | 6.18% | 4.87% | 4.28% |
| 2016 | 5.89% | 5.41% | 6.71% |
| 2015 | 5.85% | 5.19% | — |
| 2014 | 6.32% | 5.88% | — |
| 2013 | 6.49% | 6.04% | 7.89% |
| 2012 | 6.77% | 6.73% | 6.19% |
| 2011 | 7.40% | 7.72% | 3.62% |
| 2010 | 8.17% | 9.60% | 3.70% |
| 2009 | 8.43% | 9.48% | 10.09% |
| 2007 | 7.87% | 9.66% | 9.57% |
| 2005 | 7.74% | 10.09% | 5.89% |
Rent as a Fraction of Income
Using median household income data for Livingston County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Livingston County, median monthly gross rent as a fraction of median household income was 14.33% in 2019 according to the ACS.
Livingston 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% |
| Livingston County MI | 14.33% | -0.96% | -0.36% |
Trends in Livingston County MI Rent as a Fraction of Income
The fraction of median Livingston County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 16.53%. Since then it has fallen by 2.20% to 14.33%.
Fraction of Income towards Rent: Livingston County MI, Michigan, US
Historical Data for Annual Rent as a Fraction of Income in Livingston County Michigan
| Date | US | Michigan | Livingston County MI |
|---|---|---|---|
| 2019 | 20.03% | 17.88% | 14.33% |
| 2018 | 20.50% | 18.22% | 15.29% |
| 2017 | 20.13% | 18.25% | 16.13% |
| 2016 | 20.43% | 18.70% | 14.69% |
| 2015 | 20.63% | 18.86% | 14.28% |
| 2014 | 20.89% | 18.97% | 15.15% |
| 2013 | 20.78% | 19.09% | 14.46% |
| 2012 | 20.65% | 19.16% | 14.61% |
| 2011 | 20.70% | 19.29% | 16.53% |
| 2010 | 20.50% | 19.29% | 15.20% |
| 2009 | 20.12% | 18.99% | 15.71% |
| 2007 | 18.66% | 17.09% | 14.59% |
| 2005 | 18.89% | 17.07% | 12.95% |
Renter Fraction in Livingston County Michigan
You can calculate the renter fraction in Livingston 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 Livingston County as a fraction of total Livingston County households. In 2019 14.96% of households were renters according to Census ACS data.
Livingston 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% |
| Livingston County MI | 14.96% | +0.08% | -0.84% |
Trends in the Livingston County MI Renter Fraction
The Livingston County household renter fraction peaked in in 2011 at 17.02% and is now 2.06% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Livingston County MI, Michigan, US
History of Livingston County Renter Fraction
| Date | US | Michigan | Livingston County MI |
|---|---|---|---|
| 2019 | 35.89% | 28.43% | 14.96% |
| 2018 | 36.05% | 28.81% | 14.88% |
| 2017 | 36.13% | 28.67% | 13.93% |
| 2016 | 36.88% | 29.68% | 15.80% |
| 2015 | 36.97% | 29.58% | 15.29% |
| 2014 | 36.90% | 29.76% | 15.62% |
| 2013 | 36.50% | 29.45% | 15.81% |
| 2012 | 36.09% | 28.94% | 15.91% |
| 2011 | 35.42% | 28.26% | 17.02% |
| 2010 | 34.65% | 27.25% | 14.81% |
| 2009 | 34.13% | 26.81% | 14.50% |
| 2007 | 32.80% | 25.17% | 14.34% |
| 2005 | 33.10% | 25.33% | 13.80% |
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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