Department of Numbers

Shiawassee County Michigan Residential Rent and Rental Statistics

The median monthly gross residential rent in Shiawassee County MI was $728 in 2019 according to the Census ACS survey.1 Average gross rent in Shiawassee County was $696 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 Shiawassee County median and average rent data will be released in September of 2021.

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

Show dollars as: Nominal Real

Real Gross Rent in Shiawassee 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%
Shiawassee County MI Median Gross Rent $728 +4.60% +0.41%

Shiawassee County MI Real Gross Rent Trends

Median gross rent for Shiawassee County peaked in real terms in 2010 at $758 and is now $30 (3.96%) lower. From a recent low of 662.0 in 2012, real median gross rent has now increased by $66 (9.97%). Average gross rent for Shiawassee County peaked in real terms in 2016 at $736 and is now $40 (5.43%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Shiawassee County

Date US
Median
Michigan
Median
Shiawassee County MI
Median
Shiawassee County MI
Average
2019 $1,097 $888 $728 $696
2018 $1,077 $877 $696 $690
2017 $1,043 $861 $726 $708
2016 $1,027 $857 $725 $736
2015 $1,017 $852 $743 $711
2014 $986 $832 $740 $720
2013 $953 $809 $695 $640
2012 $940 $796 $662 $643
2011 $941 $798 $685 $657
2010 $955 $816 $758 $672
2009 $960 $816 $744 $704

more history ...

Shiawassee County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Shiawassee County Michigan was 1.58% according to Census ACS data.

Rental Vacancy Rate in Shiawassee County Michigan

2019 1 Year Change 3 Year Change
US 5.97% -0.18% +0.08%
Michigan 5.56% +0.74% +0.15%
Shiawassee County MI

Trends in Shiawassee County MI Rental Vacancy Rate

The rental vacancy rate in Shiawassee County peaked in 2006 at 10.87%. Since then it has fallen by 9.29% to 1.58%. Data records for this series originated in 2005.

Rental Vacancy Rate: Shiawassee County MI, Michigan, US

Rental vacancy rate in Michigan

Historical Rental Vacancy Rate data for Shiawassee County

Date US Michigan Shiawassee County MI
2019 5.97% 5.56%
2018 6.15% 4.82% 1.58%
2017 6.18% 4.87%
2016 5.89% 5.41%
2015 5.85% 5.19% 10.86%
2014 6.32% 5.88%
2013 6.49% 6.04% 8.63%
2012 6.77% 6.73% 5.44%
2011 7.40% 7.72% 4.19%
2010 8.17% 9.60%
2009 8.43% 9.48%

more history ...

Rent as a Fraction of Income

Using median household income data for Shiawassee County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Shiawassee County, median monthly gross rent as a fraction of median household income was 15.81% in 2019 according to the ACS.

Shiawassee 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%
Shiawassee County MI 15.81% +0.74% +0.22%

Trends in Shiawassee County MI Rent as a Fraction of Income

The fraction of median Shiawassee County household income required to pay median monthly gross rent peaked in 2009 (relative to the 2005 series origin) at 19.07%. Since then it has fallen by 3.26% to 15.81%. From a 2018 low of 15.07%, the fraction of income going to rent has increased by 0.74%.

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

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

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

Date US Michigan Shiawassee County MI
2019 20.03% 17.88% 15.81%
2018 20.50% 18.22% 15.07%
2017 20.13% 18.25% 15.83%
2016 20.43% 18.70% 15.60%
2015 20.63% 18.86% 16.20%
2014 20.89% 18.97% 17.34%
2013 20.78% 19.09% 18.91%
2012 20.65% 19.16% 18.11%
2011 20.70% 19.29% 15.92%
2010 20.50% 19.29% 17.49%
2009 20.12% 18.99% 19.07%

more history ...

Renter Fraction in Shiawassee County Michigan

You can calculate the renter fraction in Shiawassee 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 Shiawassee County as a fraction of total Shiawassee County households. In 2019 25.13% of households were renters according to Census ACS data.

Shiawassee 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%
Shiawassee County MI 25.13% -2.23% +1.25%

Trends in the Shiawassee County MI Renter Fraction

The Shiawassee County household renter fraction peaked in in 2014 at 28.13% and is now 3.00% below that level. The origin year for the series is 2005.

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

Fraction of renters in Shiawassee County

History of Shiawassee County Renter Fraction

Date US Michigan Shiawassee County MI
2019 35.89% 28.43% 25.13%
2018 36.05% 28.81% 27.36%
2017 36.13% 28.67% 24.66%
2016 36.88% 29.68% 23.88%
2015 36.97% 29.58% 23.24%
2014 36.90% 29.76% 28.13%
2013 36.50% 29.45% 25.10%
2012 36.09% 28.94% 22.35%
2011 35.42% 28.26% 25.57%
2010 34.65% 27.25% 20.00%
2009 34.13% 26.81% 24.14%

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.