Whitmore 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 Whitmore Lake, Michigan rental market.
Whitmore Lake, Michigan
Average Apartment Rent
$1,757
Y-o-Y Change in Average
Apartment Rent
1.3%
As of May 2026
Compared to a year ago, Whitmore Lake, Michigan apartments have recorded a 1.3% rent increase.
Whitmore Lake, Michigan Average apartment rent trend
Whitmore Lake, Michigan Average Apartment Rent
Whitmore Lake, Michigan Apartment rent ranges
At 51.7%, apartments priced $1,000 - $1,500 represent the bulk of Whitmore Lake, Michigan rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.36%.
Whitmore Lake, Michigan Housing tenure**
Renters take up 30% of Whitmore Lake, Michigan real estate, occupying a total of 1,068 units, while homeowners live in 2,550 properties.
Median number of rooms of renter-occupied housing units**
5.2
Renter median household income**
$46,553
Average household size of renter-occupied housing units**
1.6
Whitmore Lake, Michigan Renter-occupied housing units by no. of bedrooms**
There are 573 rentals in Whitmore Lake, Michigan with 2 beds making up the highest share of the market, at 54%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 6 units. Overall, the median number of rooms in Whitmore Lake, Michigan homes for rent is 5.2.
Whitmore Lake, Michigan Renter-occupied units by age of householder**
Most condos for rent in Whitmore Lake, Michigan are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 45 - 54 years age group (22%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 5%.
Whitmore Lake, Michigan Renter-occupied housing units by family type**
Whitmore Lake, Michigan Renter-occupied housing units by the presence of own children**
A total of 333 apartments for rent in Whitmore Lake, Michigan, or 31% of all rentals are family households. Additionally, 9% of rental homes include children under the age of 18 – that’s 93 units. All in all, the median size of a renter-occupied household in Whitmore Lake, Michigan is 1.6.
Whitmore Lake, Michigan Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 26% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Whitmore Lake, Michigan.
Whitmore Lake, Michigan Renter-occupied units by year structure built**
The highest share of Whitmore Lake, Michigan apartment rentals, namely 32% or 342 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (16%, 170 units), and the ones Built 1990 - 1999 (15%, 160 units).
Whitmore Lake, Michigan Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Whitmore Lake, Michigan renters (64%) moved in 2010 to 2017, while only 4% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Whitmore Lake, Michigan condos for rent is 2016.
Whitmore Lake, Michigan Renter-occupied housing units by vehicles available**
When it comes to transportation options, 68% of Whitmore Lake, Michigan renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 3% have 3 or more vehicles available.
Whitmore Lake, Michigan Means of transportation to work of householders living in renter-occupied housing units**
Whitmore 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 Whitmore 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
