Greater Wolf Lake, 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 Wolf Lake, Michigan rental market.
Greater Wolf Lake, Michigan
Average Apartment Rent
$1,182
Y-o-Y Change in Average
Apartment Rent
7.8%
As of May 2026
Compared to a year ago, Greater Wolf Lake, Michigan apartments have recorded a 7.8% rent increase.
Greater Wolf Lake, Michigan Average apartment rent trend
Greater Wolf Lake, Michigan Average Apartment Rent
Greater Wolf Lake, Michigan Apartment rent ranges
At 45.08%, apartments priced $1,000 - $1,500 represent the bulk of Greater Wolf Lake, Michigan rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 16.25%.
Greater Wolf Lake, Michigan Housing tenure**
Renters take up 14% of Greater Wolf Lake, Michigan real estate, occupying a total of 220 units, while homeowners live in 1,349 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$28,000
Average household size of renter-occupied housing units**
2.56
Greater Wolf Lake, Michigan Renter-occupied housing units by no. of bedrooms**
There are 106 rentals in Greater Wolf Lake, Michigan with 2 beds making up the highest share of the market, at 48%. Units with 4 beds, on the other hand, hold the lowest percentage (8%), amounting to 18 units. Overall, the median number of rooms in Greater Wolf Lake, Michigan homes for rent is 4.5.
Greater Wolf Lake, Michigan Renter-occupied units by age of householder**
Most condos for rent in Greater Wolf Lake, Michigan are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 75 - 84 years age group (25%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Greater Wolf Lake, Michigan Renter-occupied housing units by family type**
Greater Wolf Lake, Michigan Renter-occupied housing units by the presence of own children**
A total of 125 apartments for rent in Greater Wolf Lake, Michigan, or 57% of all rentals are family households. Additionally, 37% of rental homes include children under the age of 18 – that’s 82 units. All in all, the median size of a renter-occupied household in Greater Wolf Lake, Michigan is 2.56.
Greater Wolf Lake, Michigan Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 9% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Greater Wolf Lake, Michigan.
Greater Wolf Lake, Michigan Renter-occupied units by year structure built**
The highest share of Greater Wolf Lake, Michigan apartment rentals, namely 35% or 77 units, were Built 1940 - 1949, followed by those Built 2010 - 2019 (24%, 53 units), and the ones Built 1960 - 1969 (23%, 51 units).
Greater Wolf Lake, Michigan Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Greater Wolf Lake, Michigan renters (58%) moved in 2018 to 2020, while only 4% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Greater Wolf Lake, Michigan condos for rent is 2018.
Greater Wolf Lake, Michigan Renter-occupied housing units by vehicles available**
When it comes to transportation options, 47% of Greater Wolf Lake, Michigan renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 17% have 3 or more vehicles available.
Greater Wolf Lake, Michigan Means of transportation to work of householders living in renter-occupied housing units**
Greater Wolf Lake, 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 Wolf Lake, 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
