Macomb County Michigan Residential Rent and Rental Statistics
The median monthly gross residential rent in Macomb County MI was $972 in 2019 according to the Census ACS survey.1 Average gross rent in Macomb County was $1,009 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 Macomb County median and average rent data will be released in September of 2021.
Data is also available below for Macomb County rental vacancy rates, Macomb County rent as a percent of median income and the fraction of renters in Macomb County.
Real Gross Rent in Macomb 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% |
| Macomb County MI Median Gross Rent | $972 | +2.32% | +0.31% |
Macomb County MI Real Gross Rent Trends
At $972, real median gross rent in Macomb County was at its highest level in 2019 since the series began in 2005. At $1,009, real average gross rent in Macomb County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Macomb County MI Median, Macomb County MI Average, Michigan Median, US Median
Real Gross Rent History for Macomb County
| Date | US Median |
Michigan Median |
Macomb County MI Median |
Macomb County MI Average |
|---|---|---|---|---|
| 2019 | $1,097 | $888 | $972 | $1,009 |
| 2018 | $1,077 | $877 | $950 | $970 |
| 2017 | $1,043 | $861 | $948 | $965 |
| 2016 | $1,027 | $857 | $969 | $984 |
| 2015 | $1,017 | $852 | $947 | $957 |
| 2014 | $986 | $832 | $922 | $931 |
| 2013 | $953 | $809 | $905 | $926 |
| 2012 | $940 | $796 | $858 | $889 |
| 2011 | $941 | $798 | $853 | $879 |
| 2010 | $955 | $816 | $879 | $893 |
| 2009 | $960 | $816 | $857 | $907 |
| 2007 | $927 | $802 | $825 | $873 |
| 2005 | $910 | $819 | $848 | $846 |
Macomb 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 Macomb County Michigan was 4.84% according to Census ACS data.
Rental Vacancy Rate in Macomb County Michigan
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Michigan | 5.56% | +0.74% | +0.15% |
| Macomb County MI | 4.84% | +0.94% | -0.18% |
Trends in Macomb County MI Rental Vacancy Rate
The rental vacancy rate in Macomb County peaked in 2006 at 10.51%. Since then it has fallen by 5.67% to 4.84%. Data records for this series originated in 2005. From a 2013 post peak low of 3.22%, the rental vacancy rate has increased by 1.62%.
Rental Vacancy Rate: Macomb County MI, Michigan, US
Historical Rental Vacancy Rate data for Macomb County
| Date | US | Michigan | Macomb County MI |
|---|---|---|---|
| 2019 | 5.97% | 5.56% | 4.84% |
| 2018 | 6.15% | 4.82% | 3.90% |
| 2017 | 6.18% | 4.87% | 4.64% |
| 2016 | 5.89% | 5.41% | 5.02% |
| 2015 | 5.85% | 5.19% | 4.51% |
| 2014 | 6.32% | 5.88% | 4.78% |
| 2013 | 6.49% | 6.04% | 3.22% |
| 2012 | 6.77% | 6.73% | 5.43% |
| 2011 | 7.40% | 7.72% | 4.67% |
| 2010 | 8.17% | 9.60% | 7.73% |
| 2009 | 8.43% | 9.48% | 7.52% |
| 2007 | 7.87% | 9.66% | 6.06% |
| 2005 | 7.74% | 10.09% | 6.19% |
Rent as a Fraction of Income
Using median household income data for Macomb County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Macomb County, median monthly gross rent as a fraction of median household income was 17.96% in 2019 according to the ACS.
Macomb 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% |
| Macomb County MI | 17.96% | -0.07% | -0.50% |
Trends in Macomb County MI Rent as a Fraction of Income
The fraction of median Macomb County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 19.61%. Since then it has fallen by 1.65% to 17.96%.
Fraction of Income towards Rent: Macomb County MI, Michigan, US
Historical Data for Annual Rent as a Fraction of Income in Macomb County Michigan
| Date | US | Michigan | Macomb County MI |
|---|---|---|---|
| 2019 | 20.03% | 17.88% | 17.96% |
| 2018 | 20.50% | 18.22% | 18.03% |
| 2017 | 20.13% | 18.25% | 18.26% |
| 2016 | 20.43% | 18.70% | 18.46% |
| 2015 | 20.63% | 18.86% | 19.61% |
| 2014 | 20.89% | 18.97% | 19.12% |
| 2013 | 20.78% | 19.09% | 19.50% |
| 2012 | 20.65% | 19.16% | 18.56% |
| 2011 | 20.70% | 19.29% | 18.63% |
| 2010 | 20.50% | 19.29% | 19.21% |
| 2009 | 20.12% | 18.99% | 17.85% |
| 2007 | 18.66% | 17.09% | 15.29% |
| 2005 | 18.89% | 17.07% | 15.26% |
Renter Fraction in Macomb County Michigan
You can calculate the renter fraction in Macomb 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 Macomb County as a fraction of total Macomb County households. In 2019 25.84% of households were renters according to Census ACS data.
Macomb 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% |
| Macomb County MI | 25.84% | -0.05% | -0.74% |
Trends in the Macomb County MI Renter Fraction
The Macomb County household renter fraction peaked in in 2014 at 28.35% and is now 2.51% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Macomb County MI, Michigan, US
History of Macomb County Renter Fraction
| Date | US | Michigan | Macomb County MI |
|---|---|---|---|
| 2019 | 35.89% | 28.43% | 25.84% |
| 2018 | 36.05% | 28.81% | 25.89% |
| 2017 | 36.13% | 28.67% | 27.39% |
| 2016 | 36.88% | 29.68% | 26.58% |
| 2015 | 36.97% | 29.58% | 28.29% |
| 2014 | 36.90% | 29.76% | 28.35% |
| 2013 | 36.50% | 29.45% | 26.55% |
| 2012 | 36.09% | 28.94% | 26.23% |
| 2011 | 35.42% | 28.26% | 25.89% |
| 2010 | 34.65% | 27.25% | 23.11% |
| 2009 | 34.13% | 26.81% | 22.28% |
| 2007 | 32.80% | 25.17% | 20.31% |
| 2005 | 33.10% | 25.33% | 20.19% |
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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