Home · Gross rent yield · Michigan
Iron County leads Michigan at 7.88% gross rent yield, on a median rent of $716 and a median home value of $109,100. Census median rent relative to Census median home value, ranked for long-term landlords.
| 1 | Iron County | $716 | $114 | $109,100 | $6,805 | 7.88% |
| 2 | Lake County | $875 | $90 | $133,900 | $9,291 | 7.84% |
| 3 | Wayne County | $1,132 | $8 | $178,500 | $1,776 | 7.61% |
| 4 | Saginaw County | $947 | $19 | $152,800 | $2,921 | 7.44% |
| 5 | Luce County | $675 | $69 | $112,000 | $11,957 | 7.23% |
| 6 | Calhoun County | $968 | $26 | $162,800 | $2,882 | 7.14% |
| 7 | Branch County | $959 | $40 | $162,500 | $4,475 | 7.08% |
| 8 | Gogebic County | $623 | $44 | $107,200 | $6,245 | 6.97% |
| 9 | Clare County | $765 | $87 | $133,800 | $9,531 | 6.86% |
| 10 | Gratiot County | $834 | $33 | $147,500 | $6,964 | 6.79% |
| 11 | Bay County | $860 | $37 | $152,200 | $3,642 | 6.78% |
| 12 | Tuscola County | $819 | $46 | $149,500 | $5,293 | 6.57% |
| 13 | Ingham County | $1,084 | $16 | $198,800 | $5,013 | 6.54% |
| 14 | Oscoda County | $681 | $58 | $125,500 | $10,898 | 6.51% |
| 15 | Genesee County | $989 | $19 | $182,400 | $3,111 | 6.51% |
| 16 | Isabella County | $913 | $39 | $170,400 | $3,660 | 6.43% |
| 17 | Alcona County | $867 | $115 | $162,800 | $5,792 | 6.39% |
| 18 | Ogemaw County | $823 | $31 | $154,900 | $6,468 | 6.38% |
| 19 | Crawford County | $862 | $48 | $163,000 | $7,891 | 6.35% |
| 20 | Wexford County | $897 | $45 | $170,400 | $5,826 | 6.32% |
| 21 | Houghton County | $840 | $73 | $159,900 | $7,874 | 6.30% |
| 22 | Shiawassee County | $899 | $51 | $171,600 | $3,537 | 6.29% |
| 23 | Missaukee County | $891 | $57 | $170,400 | $5,383 | 6.27% |
| 24 | Mecosta County | $934 | $42 | $178,900 | $7,731 | 6.26% |
| 25 | Midland County | $1,016 | $41 | $195,400 | $5,906 | 6.24% |
| 26 | Dickinson County | $797 | $61 | $153,300 | $8,586 | 6.24% |
| 27 | Osceola County | $807 | $46 | $155,400 | $4,920 | 6.23% |
| 28 | Muskegon County | $1,028 | $36 | $198,300 | $4,508 | 6.22% |
| 29 | Roscommon County | $816 | $38 | $158,700 | $7,566 | 6.17% |
| 30 | Huron County | $788 | $46 | $154,300 | $4,704 | 6.13% |
| 31 | Jackson County | $985 | $27 | $193,700 | $4,831 | 6.10% |
| 32 | Iosco County | $719 | $74 | $142,200 | $9,162 | 6.07% |
| 33 | Arenac County | $761 | $57 | $150,600 | $7,468 | 6.06% |
| 34 | Eaton County | $1,092 | $26 | $216,900 | $4,419 | 6.04% |
| 35 | Lenawee County | $987 | $31 | $196,800 | $4,906 | 6.02% |
| 36 | Schoolcraft County | $705 | $85 | $141,800 | $14,737 | 5.97% |
| 37 | Macomb County | $1,211 | $13 | $243,900 | $1,814 | 5.96% |
| 38 | Chippewa County | $797 | $34 | $161,900 | $4,697 | 5.91% |
| 39 | Newaygo County | $904 | $61 | $186,700 | $7,057 | 5.81% |
| 40 | Ontonagon County | $540 | $68 | $111,700 | $4,970 | 5.80% |
| 41 | Sanilac County | $807 | $30 | $168,300 | $2,743 | 5.75% |
| 42 | St. Joseph County | $849 | $28 | $178,300 | $6,438 | 5.71% |
| 43 | Hillsdale County | $832 | $27 | $176,100 | $5,498 | 5.67% |
| 44 | Montcalm County | $869 | $25 | $185,500 | $5,909 | 5.62% |
| 45 | Monroe County | $1,059 | $43 | $228,900 | $4,750 | 5.55% |
| 46 | Manistee County | $842 | $48 | $182,200 | $10,645 | 5.55% |
| 47 | Otsego County | $1,008 | $83 | $219,700 | $9,361 | 5.51% |
| 48 | St. Clair County | $1,029 | $25 | $224,600 | $3,575 | 5.50% |
| 49 | Menominee County | $692 | $51 | $151,800 | $6,725 | 5.47% |
| 50 | Kalamazoo County | $1,093 | $21 | $241,800 | $3,566 | 5.42% |
| 51 | Kalkaska County | $853 | $115 | $188,900 | $7,800 | 5.42% |
| 52 | Presque Isle County | $683 | $119 | $151,300 | $6,440 | 5.42% |
| 53 | Baraga County | $616 | $45 | $138,100 | $9,900 | 5.35% |
| 54 | Ionia County | $884 | $64 | $198,500 | $7,622 | 5.34% |
| 55 | Delta County | $692 | $91 | $157,100 | $4,589 | 5.29% |
| 56 | Marquette County | $949 | $39 | $216,500 | $5,359 | 5.26% |
| 57 | Alpena County | $673 | $37 | $153,900 | $4,690 | 5.25% |
| 58 | Mackinac County | $760 | $62 | $174,500 | $13,534 | 5.23% |
| 59 | Montmorency County | $686 | $74 | $158,600 | $7,885 | 5.19% |
| 60 | Kent County | $1,243 | $18 | $289,900 | $2,942 | 5.15% |
| 61 | Gladwin County | $690 | $43 | $162,300 | $4,683 | 5.10% |
| 62 | Van Buren County | $870 | $37 | $206,500 | $6,313 | 5.06% |
| 63 | Clinton County | $1,092 | $43 | $259,500 | $8,575 | 5.05% |
| 64 | Cass County | $916 | $34 | $218,000 | $9,705 | 5.04% |
| 65 | Berrien County | $942 | $24 | $224,300 | $3,751 | 5.04% |
| 66 | Lapeer County | $988 | $48 | $239,000 | $5,114 | 4.96% |
| 67 | Allegan County | $1,100 | $40 | $267,100 | $6,863 | 4.94% |
| 68 | Mason County | $896 | $62 | $219,600 | $8,156 | 4.90% |
| 69 | Alger County | $714 | $52 | $176,200 | $10,899 | 4.86% |
| 70 | Keweenaw County | $688 | $37 | $169,800 | $16,554 | 4.86% |
| 71 | Cheboygan County | $773 | $63 | $192,500 | $12,553 | 4.82% |
| 72 | Oakland County | $1,376 | $14 | $343,600 | $2,730 | 4.81% |
| 73 | Oceana County | $759 | $41 | $190,100 | $13,158 | 4.79% |
| 74 | Washtenaw County | $1,463 | $21 | $374,100 | $4,164 | 4.69% |
| 75 | Grand Traverse County | $1,288 | $65 | $339,400 | $8,651 | 4.55% |
| 76 | Ottawa County | $1,211 | $30 | $323,400 | $4,476 | 4.49% |
| 77 | Barry County | $972 | $64 | $264,100 | $8,907 | 4.42% |
| 78 | Livingston County | $1,287 | $60 | $356,800 | $4,385 | 4.33% |
| 79 | Benzie County | $1,026 | $77 | $285,700 | $12,025 | 4.31% |
| 80 | Antrim County | $902 | $76 | $255,500 | $11,236 | 4.24% |
| 81 | Emmet County | $1,112 | $81 | $315,700 | $11,662 | 4.23% |
| 82 | Charlevoix County | $949 | $55 | $276,800 | $11,188 | 4.11% |
| 83 | Leelanau County | $1,228 | $90 | $458,400 | $13,150 | 3.21% |
Gross rent yield equals Census median gross rent (ACS table B25064) times 12, divided by Census median home value (ACS table B25077). The percent shown is that ratio rounded half up to the nearest 0.01 percentage point. State rows use the state estimate. County rows use the county estimate. A place is left out when either median is missing or not positive. Margins of error are the ACS margins published for each median. Rank is the unrounded ratio, then the place name.
Source: U.S. Census Bureau American Community Survey 2024 5-year, tables B25064 and B25077, as of 2024-07-01 (data years 2020-2024), retrieved 2026-10-09, https://data.census.gov/table/ACSDT5Y2024.B25064.
Iron County at 7.88%. Median gross rent is $716 (margin of error $114). Median home value is $109,100 (margin of error $6,805).
Leelanau County at 3.21%. Median gross rent is $1,228 (margin of error $90). Median home value is $458,400 (margin of error $13,150).
5.85%. Median gross rent is $1,129 (margin of error $4). Median home value is $231,600 (margin of error $642).