Department of Numbers

Ingham County Michigan Residential Rent and Rental Statistics

The median monthly gross residential rent in Ingham County MI was $872 in 2019 according to the Census ACS survey.1 Average gross rent in Ingham County was $917 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 Ingham County median and average rent data will be released in September of 2021.

Data is also available below for Ingham County rental vacancy rates, Ingham County rent as a percent of median income and the fraction of renters in Ingham County.

Show dollars as: Nominal Real

Real Gross Rent in Ingham 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%
Ingham County MI Median Gross Rent $872 -1.36% -0.11%

Ingham County MI Real Gross Rent Trends

Median gross rent for Ingham County peaked in real terms in 2018 at $884 and is now $12 (1.36%) lower. Average gross rent for Ingham County peaked in real terms in 2017 at $937 and is now $20 (2.13%) lower.

Real Gross Rent: Ingham County MI Median, Ingham County MI Average, Michigan Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Ingham County

Date US
Median
Michigan
Median
Ingham County MI
Median
Ingham County MI
Average
2019 $1,097 $888 $872 $917
2018 $1,077 $877 $884 $931
2017 $1,043 $861 $881 $937
2016 $1,027 $857 $873 $903
2015 $1,017 $852 $838 $880
2014 $986 $832 $834 $883
2013 $953 $809 $838 $858
2012 $940 $796 $789 $835
2011 $941 $798 $782 $818
2010 $955 $816 $856 $882
2009 $960 $816 $805 $831

more history ...

Ingham 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 Ingham County Michigan was 4.86% according to Census ACS data.

Rental Vacancy Rate in Ingham County Michigan

2019 1 Year Change 3 Year Change
US 5.97% -0.18% +0.08%
Michigan 5.56% +0.74% +0.15%
Ingham County MI 4.86% -0.78% -2.36%

Trends in Ingham County MI Rental Vacancy Rate

The rental vacancy rate in Ingham County peaked in 2005 at 12.07%. Since then it has fallen by 7.21% to 4.86%. Data records for this series originated in 2005. From a 2015 post peak low of 3.33%, the rental vacancy rate has increased by 1.53%.

Rental Vacancy Rate: Ingham County MI, Michigan, US

Rental vacancy rate in Michigan

Historical Rental Vacancy Rate data for Ingham County

Date US Michigan Ingham County MI
2019 5.97% 5.56% 4.86%
2018 6.15% 4.82% 5.64%
2017 6.18% 4.87% 3.66%
2016 5.89% 5.41% 7.22%
2015 5.85% 5.19% 3.33%
2014 6.32% 5.88% 7.20%
2013 6.49% 6.04% 5.72%
2012 6.77% 6.73% 7.51%
2011 7.40% 7.72% 7.39%
2010 8.17% 9.60% 8.68%
2009 8.43% 9.48% 6.34%

more history ...

Rent as a Fraction of Income

Using median household income data for Ingham County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Ingham County, median monthly gross rent as a fraction of median household income was 19.24% in 2019 according to the ACS.

Ingham 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%
Ingham County MI 19.24% -0.53% -1.13%

Trends in Ingham County MI Rent as a Fraction of Income

The fraction of median Ingham County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 21.43%. Since then it has fallen by 2.19% to 19.24%.

Fraction of Income towards Rent: Ingham County MI, Michigan, US

Percent of median household income going towards median monthly gross rent in Ingham County Michigan

Historical Data for Annual Rent as a Fraction of Income in Ingham County Michigan

Date US Michigan Ingham County MI
2019 20.03% 17.88% 19.24%
2018 20.50% 18.22% 19.77%
2017 20.13% 18.25% 20.14%
2016 20.43% 18.70% 20.37%
2015 20.63% 18.86% 20.14%
2014 20.89% 18.97% 20.78%
2013 20.78% 19.09% 21.43%
2012 20.65% 19.16% 20.55%
2011 20.70% 19.29% 20.66%
2010 20.50% 19.29% 21.29%
2009 20.12% 18.99% 19.95%

more history ...

Renter Fraction in Ingham County Michigan

You can calculate the renter fraction in Ingham 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 Ingham County as a fraction of total Ingham County households. In 2019 39.95% of households were renters according to Census ACS data.

Ingham 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%
Ingham County MI 39.95% -1.94% -1.76%

Trends in the Ingham County MI Renter Fraction

The Ingham County household renter fraction peaked in in 2013 at 43.48% and is now 3.53% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Ingham County MI, Michigan, US

Fraction of renters in Ingham County

History of Ingham County Renter Fraction

Date US Michigan Ingham County MI
2019 35.89% 28.43% 39.95%
2018 36.05% 28.81% 41.89%
2017 36.13% 28.67% 42.17%
2016 36.88% 29.68% 41.71%
2015 36.97% 29.58% 42.20%
2014 36.90% 29.76% 41.89%
2013 36.50% 29.45% 43.48%
2012 36.09% 28.94% 42.48%
2011 35.42% 28.26% 42.67%
2010 34.65% 27.25% 38.97%
2009 34.13% 26.81% 39.23%

more history ...

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.