Department of Numbers

Lenawee County Michigan Residential Rent and Rental Statistics

The median monthly gross residential rent in Lenawee County MI was $721 in 2017 according to the Census ACS survey.1 Average gross rent in Lenawee County was $737 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Lenawee County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Lenawee County Michigan (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Michigan Median Gross Rent $835 +0.48% +3.47%
Lenawee County MI Median Gross Rent $721 -3.87% -3.22%

Lenawee County MI Real Gross Rent Trends

Median gross rent for Lenawee County peaked in real terms in 2013 at $768 and is now $47 (6.12%) lower. Average gross rent for Lenawee County peaked in real terms in 2013 at $768 and is now $31 (4.04%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Lenawee County

Date US
Median
Michigan
Median
Lenawee County MI
Median
Lenawee County MI
Average
2017 $1,012 $835 $721 $737
2016 $996 $831 $750 $767
2015 $987 $826 $763 $762
2014 $956 $807 $745 $665
2013 $924 $784 $768 $768
2012 $912 $772 $757 $714
2011 $912 $774 $693 $667
2010 $927 $791 $691 $669
2009 $931 $791 $713 $692
2008 $947 $811 $731 $697
2007 $899 $778 $695 $649
2006 $909 $804 $725 $704

Lenawee County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Lenawee County Michigan was 2.20% according to Census ACS data.

Rental Vacancy Rate in Lenawee County Michigan

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Michigan 4.87% -0.54% -1.01%
Lenawee County MI

Trends in Lenawee County MI Rental Vacancy Rate

The rental vacancy rate in Lenawee County peaked in 2006 at 9.11%. Since then it has fallen by 6.91% to 2.20%. Data records for this series originated in 2005.

Rental Vacancy Rate: Lenawee County MI, Michigan, US

Rental vacancy rate in Michigan

Historical Rental Vacancy Rate data for Lenawee County

Date US Michigan Lenawee County MI
2017 6.18% 4.87%
2016 5.89% 5.41%
2015 5.85% 5.19% 2.20%
2014 6.32% 5.88%
2013 6.49% 6.04% 2.79%
2012 6.77% 6.73% 6.57%
2011 7.40% 7.72%
2010 8.17% 9.60% 7.28%
2009 8.43% 9.48% 6.71%
2008 7.86% 9.73% 4.53%
2007 7.87% 9.66% 5.04%
2006 7.70% 10.42% 9.11%

Rent as a Fraction of Income

Using median household income data for Lenawee County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Lenawee County, median monthly gross rent as a fraction of median household income was 15.31% in 2017 according to the ACS.

Lenawee County Michigan Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Michigan 18.25% -0.45% -0.72%
Lenawee County MI 15.31% -1.77% -3.38%

Trends in Lenawee County MI Rent as a Fraction of Income

The fraction of median Lenawee County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 19.64%. Since then it has fallen by 4.33% to 15.31%.

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

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

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

Date US Michigan Lenawee County MI
2017 20.13% 18.25% 15.31%
2016 20.43% 18.70% 17.08%
2015 20.63% 18.86% 18.44%
2014 20.89% 18.97% 18.69%
2013 20.78% 19.09% 19.64%
2012 20.65% 19.16% 18.26%
2011 20.70% 19.29% 17.85%
2010 20.50% 19.29% 16.80%
2009 20.12% 18.99% 16.96%
2008 19.00% 17.44% 15.15%
2007 18.66% 17.09% 14.57%
2006 18.90% 17.17% 15.58%

Renter Fraction in Lenawee County Michigan

You can calculate the renter fraction in Lenawee 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 Lenawee County as a fraction of total Lenawee County households. In 2017 23.64% of households were renters according to Census ACS data.

Lenawee County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Michigan 28.67% -1.01% -1.09%
Lenawee County MI 23.64% +2.42% -2.20%

Trends in the Lenawee County MI Renter Fraction

The Lenawee County household renter fraction peaked in in 2014 at 25.84% and is now 2.20% below that level. The origin year for the series is 2005.

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

Fraction of renters in Lenawee County

History of Lenawee County Renter Fraction

Date US Michigan Lenawee County MI
2017 36.13% 28.67% 23.64%
2016 36.88% 29.68% 21.22%
2015 36.97% 29.58% 20.82%
2014 36.90% 29.76% 25.84%
2013 36.50% 29.45% 22.37%
2012 36.09% 28.94% 24.91%
2011 35.42% 28.26% 22.76%
2010 34.65% 27.25% 19.01%
2009 34.13% 26.81% 21.63%
2008 33.36% 26.02% 20.71%
2007 32.80% 25.17% 15.41%
2006 32.73% 24.83% 23.12%

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.