Plymouth Township, 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 Plymouth Township, Michigan rental market.
Plymouth Township, Michigan
Average Apartment Rent
$1,275
Y-o-Y Change in Average
Apartment Rent
2.5%
As of March 2026
Compared to a year ago, Plymouth Township, Michigan apartments have recorded a 2.5% rent increase.
Plymouth Township, Michigan Average apartment rent trend
Plymouth Township, Michigan Average Apartment Rent
Plymouth Township, Michigan Apartment rent ranges
At 57.77%, apartments priced $1,000 - $1,500 represent the bulk of Plymouth Township, Michigan rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 3.57%.
Plymouth Township, Michigan Housing tenure**
Renters take up 33% of Plymouth Township, Michigan real estate, occupying a total of 1,374 units, while homeowners live in 2,749 properties.
Median number of rooms of renter-occupied housing units**
3.7
Renter median household income**
$56,731
Average household size of renter-occupied housing units**
1.6
Rental vacancy rate**
1.2%
Plymouth Township, Michigan Renter-occupied housing units by no. of bedrooms**
There are 652 rentals in Plymouth Township, Michigan with 1 bed making up the highest share of the market, at 47%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 9 units. Overall, the median number of rooms in Plymouth Township, Michigan homes for rent is 3.7.
Plymouth Township, Michigan Renter-occupied units by age of householder**
Most condos for rent in Plymouth Township, Michigan are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 65 - 74 years age group (15%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Plymouth Township, Michigan Renter-occupied housing units by family type**
Plymouth Township, Michigan Renter-occupied housing units by the presence of own children**
A total of 391 apartments for rent in Plymouth Township, Michigan, or 28% of all rentals are family households. Additionally, 16% of rental homes include children under the age of 18 – that’s 221 units. All in all, the median size of a renter-occupied household in Plymouth Township, Michigan is 1.6.
Plymouth Township, Michigan Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 51% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Plymouth Township, Michigan.
Plymouth Township, Michigan Renter-occupied units by year structure built**
The highest share of Plymouth Township, Michigan apartment rentals, namely 25% or 345 units, were Built 1960 - 1969, followed by those Built 1939 or earlier (22%, 305 units), and the ones Built 2000 - 2009 (13%, 173 units).
Plymouth Township, Michigan Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Plymouth Township, Michigan renters (40%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Plymouth Township, Michigan condos for rent is 2017.
Plymouth Township, Michigan Renter-occupied housing units by vehicles available**
When it comes to transportation options, 66% of Plymouth Township, Michigan renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 8% have No vehicle available.
Plymouth Township, Michigan Means of transportation to work of householders living in renter-occupied housing units**
Plymouth Township, 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 Plymouth Township, 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
