Norton Shores, 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 Norton Shores, Michigan rental market.
Norton Shores, Michigan
Average Apartment Rent
$1,501
Y-o-Y Change in Average
Apartment Rent
4.1%
As of May 2026
Compared to a year ago, Norton Shores, Michigan apartments have recorded a 4.1% rent increase.
Norton Shores, Michigan Average apartment rent trend
Norton Shores, Michigan Average Apartment Rent
Norton Shores, Michigan Apartment rent ranges
At 57.65%, apartments priced $1,000 - $1,500 represent the bulk of Norton Shores, Michigan rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 4.06%.
Norton Shores, Michigan Housing tenure**
Renters take up 15% of Norton Shores, Michigan real estate, occupying a total of 1,442 units, while homeowners live in 8,133 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$46,378
Average household size of renter-occupied housing units**
2.35
Rental vacancy rate**
6.7%
Norton Shores, Michigan Renter-occupied housing units by no. of bedrooms**
There are 755 rentals in Norton Shores, Michigan with 2 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 (1%), amounting to 12 units. Overall, the median number of rooms in Norton Shores, Michigan homes for rent is 4.7.
Norton Shores, Michigan Renter-occupied units by age of householder**
Most condos for rent in Norton Shores, Michigan are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 4%.
Norton Shores, Michigan Renter-occupied housing units by family type**
Norton Shores, Michigan Renter-occupied housing units by the presence of own children**
A total of 914 apartments for rent in Norton Shores, Michigan, or 63% of all rentals are family households. Additionally, 42% of rental homes include children under the age of 18 – that’s 604 units. All in all, the median size of a renter-occupied household in Norton Shores, Michigan is 2.35.
Norton Shores, Michigan Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 21% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Norton Shores, Michigan.
Norton Shores, Michigan Renter-occupied units by year structure built**
The highest share of Norton Shores, Michigan apartment rentals, namely 34% or 485 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (12%, 167 units), and the ones Built 1980 - 1989 (12%, 166 units).
Norton Shores, Michigan Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Norton Shores, Michigan renters (45%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Norton Shores, Michigan condos for rent is 2017.
Norton Shores, Michigan Renter-occupied housing units by vehicles available**
When it comes to transportation options, 47% of Norton Shores, Michigan renters have 1 vehicle available per household, 38% of them have 2 vehicles available, and 12% have No vehicle available.
Norton Shores, Michigan Means of transportation to work of householders living in renter-occupied housing units**
Norton Shores, 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 Norton Shores, 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
