Wayland, MI Rental Market Trends
What is the average rent in Wayland?
The average rent for an apartment in Wayland is $945, a 2% increase compared to the previous year, when the average rent was $922.
Average Rent in Wayland, MI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$945||2%||975 sq. ft.|
What is the average apartment size in Wayland?
The average size for a Wayland, MI apartment is 975 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Wayland, MI Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
640 or 37% of the households in Wayland, MI are renter-occupied while 1,075 or 62% are owner-occupied.
Wayland, MI Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||May / 2021|
How Wayland Compares to Other Cities
|Average Rent||Y-o-Y Change|