Lincoln Park, 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 Lincoln Park, Michigan rental market.
Lincoln Park, Michigan
Average Apartment Rent
$912
Y-o-Y Change in Average
Apartment Rent
-1.3%
As of May 2026
Compared to a year ago, Lincoln Park, Michigan apartments have recorded a -1.3% rent decrease.
Lincoln Park, Michigan Average apartment rent trend
Lincoln Park, Michigan Average Apartment Rent
Lincoln Park, Michigan Apartment rent ranges
At 72.9%, apartments priced Under $1,000 represent the bulk of Lincoln Park, Michigan rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 27.1%.
Lincoln Park, Michigan Housing tenure**
Renters take up 29% of Lincoln Park, Michigan real estate, occupying a total of 4,456 units, while homeowners live in 10,733 properties.
Median number of rooms of renter-occupied housing units**
4.6
Renter median household income**
$38,994
Average household size of renter-occupied housing units**
2.39
Rental vacancy rate**
1.2%
Lincoln Park, Michigan Renter-occupied housing units by no. of bedrooms**
There are 1,529 rentals in Lincoln Park, Michigan with 2 beds making up the highest share of the market, at 34%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 58 units. Overall, the median number of rooms in Lincoln Park, Michigan homes for rent is 4.6.
Lincoln Park, Michigan Renter-occupied units by age of householder**
Most condos for rent in Lincoln Park, Michigan are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Lincoln Park, Michigan Renter-occupied housing units by family type**
Lincoln Park, Michigan Renter-occupied housing units by the presence of own children**
A total of 2,036 apartments for rent in Lincoln Park, Michigan, or 46% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 1,259 units. All in all, the median size of a renter-occupied household in Lincoln Park, Michigan is 2.39.
Lincoln Park, Michigan Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 8% of the rental market. In contrast, residents with less than a high school degree reside in 22% of the homes for rent in Lincoln Park, Michigan.
Lincoln Park, Michigan Renter-occupied units by year structure built**
The highest share of Lincoln Park, Michigan apartment rentals, namely 28% or 1,241 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (18%, 820 units), and the ones Built 1939 or earlier (17%, 744 units).
Lincoln Park, Michigan Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Lincoln Park, Michigan renters (49%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Lincoln Park, Michigan condos for rent is 2016.
Lincoln Park, Michigan Renter-occupied housing units by vehicles available**
When it comes to transportation options, 58% of Lincoln Park, Michigan renters have 1 vehicle available per household, 17% of them have 2 vehicles available, and 17% have No vehicle available.
Lincoln Park, Michigan Means of transportation to work of householders living in renter-occupied housing units**
Lincoln Park, 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 Lincoln Park, 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
