Allendale, Michigan Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Allendale, Michigan rental market.
Allendale, Michigan
Average Apartment Rent
$2,192
Y-o-Y Change in Average
Apartment Rent
2%
As of May 2026
Compared to a year ago, Allendale, Michigan apartments have recorded a 2% rent increase.
Allendale, Michigan Average apartment rent trend
Allendale, Michigan Average Apartment Rent
Allendale, Michigan Apartment rent ranges
At 35.97%, apartments priced $2,500 - $3,000 represent the bulk of Allendale, Michigan rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.05%.
Allendale, Michigan Housing tenure**
Renters take up 51% of Allendale, Michigan real estate, occupying a total of 3,726 units, while homeowners live in 3,571 properties.
Median number of rooms of renter-occupied housing units**
5.6
Renter median household income**
$43,129
Average household size of renter-occupied housing units**
2.73
Rental vacancy rate**
5.1%
Allendale, Michigan Renter-occupied housing units by no. of bedrooms**
There are 1,922 rentals in Allendale, Michigan with 4 beds making up the highest share of the market, at 52%. Units with 5 or more beds, on the other hand, hold the lowest percentage (4%), amounting to 132 units. Overall, the median number of rooms in Allendale, Michigan homes for rent is 5.6.
Allendale, Michigan Renter-occupied units by age of householder**
Most condos for rent in Allendale, Michigan are occupied by residents in the 15 - 24 years age group (77%), followed by those in the 25 - 34 years age group (9%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 1%.
Allendale, Michigan Renter-occupied housing units by family type**
Allendale, Michigan Renter-occupied housing units by the presence of own children**
A total of 677 apartments for rent in Allendale, Michigan, or 18% of all rentals are family households. Additionally, 6% of rental homes include children under the age of 18 – that’s 241 units. All in all, the median size of a renter-occupied household in Allendale, Michigan is 2.73.
Allendale, Michigan Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Allendale, Michigan.
Allendale, Michigan Renter-occupied units by year structure built**
The highest share of Allendale, Michigan apartment rentals, namely 41% or 1,513 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (28%, 1,040 units), and the ones Built 1990 - 1999 (14%, 510 units).
Allendale, Michigan Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Allendale, Michigan renters (54%) moved in 2018 to 2020, while only 20% of them moved in 2021 or later. Overall, the median year renters have occupied their Allendale, Michigan condos for rent is 2019.
Allendale, Michigan Renter-occupied housing units by vehicles available**
When it comes to transportation options, 35% of Allendale, Michigan renters have 4 vehicles available per household, 25% of them have 2 vehicles available, and 19% have 1 vehicle available.
Allendale, Michigan Means of transportation to work of householders living in renter-occupied housing units**
Allendale, Michigan Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Allendale, Michigan apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
