Greater Caledonia, 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 Greater Caledonia, Michigan rental market.
Greater Caledonia, Michigan
Average Apartment Rent
$1,941
Y-o-Y Change in Average
Apartment Rent
5.8%
As of May 2026
Compared to a year ago, Greater Caledonia, Michigan apartments have recorded a 5.8% rent increase.
Greater Caledonia, Michigan Average apartment rent trend
Greater Caledonia, Michigan Average Apartment Rent
Greater Caledonia, Michigan Apartment rent ranges
At 47.06%, apartments priced $1,000 - $1,500 represent the bulk of Greater Caledonia, Michigan rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 13.24%.
Greater Caledonia, Michigan Housing tenure**
Renters take up 33% of Greater Caledonia, Michigan real estate, occupying a total of 233 units, while homeowners live in 481 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$31,250
Average household size of renter-occupied housing units**
1.72
Rental vacancy rate**
5.7%
Greater Caledonia, Michigan Renter-occupied housing units by no. of bedrooms**
There are 96 rentals in Greater Caledonia, Michigan with 2 beds making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 9 units. Overall, the median number of rooms in Greater Caledonia, Michigan homes for rent is 3.9.
Greater Caledonia, Michigan Renter-occupied units by age of householder**
Most condos for rent in Greater Caledonia, Michigan are occupied by residents in the 25 - 34 years age group (27%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 6%.
Greater Caledonia, Michigan Renter-occupied housing units by family type**
Greater Caledonia, Michigan Renter-occupied housing units by the presence of own children**
A total of 85 apartments for rent in Greater Caledonia, Michigan, or 36% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 60 units. All in all, the median size of a renter-occupied household in Greater Caledonia, Michigan is 1.72.
Greater Caledonia, 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 9% of the homes for rent in Greater Caledonia, Michigan.
Greater Caledonia, Michigan Renter-occupied units by year structure built**
The highest share of Greater Caledonia, Michigan apartment rentals, namely 29% or 68 units, were Built 1980 - 1989, followed by those Built 1939 or earlier (21%, 50 units), and the ones Built 1970 - 1979 (17%, 39 units).
Greater Caledonia, Michigan Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Greater Caledonia, Michigan renters (45%) moved in 2010 to 2017, while only 4% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Greater Caledonia, Michigan condos for rent is 2018.
Greater Caledonia, Michigan Renter-occupied housing units by vehicles available**
When it comes to transportation options, 69% of Greater Caledonia, Michigan renters have 1 vehicle available per household, 14% of them have 2 vehicles available, and 10% have No vehicle available.
Greater Caledonia, Michigan Means of transportation to work of householders living in renter-occupied housing units**
Greater Caledonia, 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 Greater Caledonia, 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
