City Report · MI

Holland

Pop. 34,423·38th most expensive in Michigan·Rental market data updated monthly for Holland, MI
Median rent (all units)
$1,618/mo
Year-over-Year
+0.8%
Month-over-Month
-0.1%
vs US Median
-$314
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Holland · $1,618
More affordable than 67% of US cities · National median $1,932/mo
Rent Reality Score
62/100
Good value
OverheatedFairGreat value

Rents are 6% below what Holland's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,618/mo
Expected by trend
$1,724/mo
The Rent Reality Score compares today's median rent to where Holland's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$940
1 BR
$1,150
2 BR
$1,330
3 BR
$1,705
4 BR+
$1,920
Fair Market Rent (HUD)
$1,330/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,618 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in Holland usually run 1.2% below trend in December and 1.2% above it in August, about $39 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in Holland is 1.9% below its high of $1,649 in April 2026, at $1,618 as of September 2026.

Past year vs. the rest of Michigan

Rent in Holland changed +0.8% over the year to September 2026. Across the 79 Michigan cities Zillow tracks, the typical change was +4.1%.

Rent vs. income since 2019

From 2019 to 2024, rent in Holland rose 48.1% while median household income rose 33.1% ($57,002 to $75,865). Rent outpaced income.

Since before the pandemic

Rent in Holland is 57.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 5 months in a row, and rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($75,865) is $1,897 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,705); a 4-bedroom is $1,920.

Cheaper nearby

Muskegon Heights, 29 miles away, rents for 37% less ($1,025/mo), about $7,100 a year in savings.

From Zillow's monthly rent index (ZORI) for Holland. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,416/yr
At $1,618/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.8% YoY, -0.1% MoM), not inventory.
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Demographics

Who lives here

Holland, MI is majority owner-occupied, skews toward younger working-age adults, 35.8% of residents hold a bachelor's degree or higher.

Population
34,423
Median income
$75,865
Median age
31.7
Renters
32.2%
Age distribution
20.4%
33.9%
20.2%
16.8%
Under 1820.4%
18–3433.9%
35–5420.2%
55–648.7%
65+16.8%
Gender
47.4%
52.6%
Male47.4%
Female52.6%
Race & ethnicity
71.1%
23.6%
White71.1%
Black4.3%
Hispanic23.6%
Asian3.5%
Education (25+)
26.2%
29.2%
35.8%
No HS diploma8.8%
HS diploma26.2%
Some college29.2%
Bachelor's+35.8%
Housing tenure
67.8%
32.2%
Owner67.8%
Renter32.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Holland, MI has changed in 5 years

Rent
$1,149 → $1,618
up 40.8%
Income
$63,853 → $75,865
up 18.8%
Population
34,067 → 34,423
up 1.0%
Renter share
33.7% → 32.2%
-1.5 pts
Bachelor's+
33.6% → 35.8%
+2.2 pts
Median age
32.6 → 31.7
-0.9 yrs

Since 2021, the typical rent in Holland, MI has climbed from $1,149 to $1,618, a 40.8% change over five years. On the earnings side, the typical household in Holland, MI now reports about $75,865, up from $63,853 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.0% since 2021, moving from about 34,067 residents to roughly 34,423. Renters now make up 32.2% of households, compared with 33.7% five years ago. College-educated residents now make up 35.8% of adults here, versus 33.6% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Holland, MI reflects that arc in its own way.

Community

Discussions about Holland

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View Holland rent history (2015–2026) →
Salary vs rent

Can you afford rent in Holland on your salary?

At $1,618/mo, how Holland rent compares to typical pay (30% rule).

By apartment size

Holland rent by bedroom count

Median rent for each apartment size in Holland. Click any size for full breakdown.

Local insights

Tips for renters in Holland

About renting in Holland, MI

Last updated: October 17, 2026

The median rent in Holland is $1,618/mo as of October 2026. A studio apartment averages $940/mo while a 2-bedroom runs $1,330/mo. One-bedroom apartments average $1,150/mo and 3-bedroom units go for $1,705/mo.

At 26% of local median household income ($75,865/yr), Holland ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Holland?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (about $31/hour full-time) to afford the median rent of $1,618/mo in Holland. The local median household income is $75,865/yr, so the typical household meets that bar.

Is rent going up or down in Holland?

Rent in Holland has risen 0.8% over the past year as of September 2026. It sits 1.9% below its high of $1,649 in April 2026.

When is the cheapest time to rent in Holland?

Asking rents in Holland are usually lowest in December, about 1.2% below their yearly trend, and highest in August, about 1.2% above it. At today's median that is a gap of roughly $39 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in Holland?

Yes. From 2019 to 2024, rent in Holland rose 48.1% while median household income rose 33.1%, from $57,002 to $75,865. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Holland neighborhoods have the lowest rent?

The most affordable ZIP codes in Holland are 49423 ($1,552/mo), and 49424 ($1,851/mo). Citywide, the median rent is $1,618/mo.

How does Holland rent compare to other cities in Michigan?

Holland is in the middle among Michigan cities for rent, ranking #38 of 100 tracked cities at $1,618/mo. Over the year to September 2026, rent in Holland changed +0.8%, against a typical +4.1% across the 79 Michigan cities Zillow tracks.

Which nearby cities are cheaper to rent in than Holland?

Nearby cities with lower median rent than Holland ($1,618/mo) include Allendale ($1,484/mo).
Income Affordability
26%
AFFORDABLE

At $1,618/mo, rent takes ~26% of Holland's median household income ($75,865/yr). The standard benchmark is 30%.

Holland 26%Benchmark 30%
State income tax4.25%
Run the Holland affordability calculator →
Lowest-rent ZIP codes in Holland
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Holland, MI

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