City Report · MI

Holt

Pop. 25,316·34th most expensive in Michigan·Rental market data updated monthly for Holt, MI
Median rent (all units)
$1,692/mo
Year-over-Year
-0.9%
Month-over-Month
-0.6%
vs US Median
-$240
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Holt · $1,692
More affordable than 62% of US cities · National median $1,932/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,692/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$68,000/yr
Local median income
$86,472/yr
Based on the 30%-of-income rule using Holt's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$940
1 BR
$980
2 BR
$1,220
3 BR
$1,590
4 BR+
$1,620
Fair Market Rent (HUD)
$1,220/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,692 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

Past year vs. the rest of Michigan

Rent in Holt changed -0.9% over the year to September 2026. Across the 79 Michigan cities Zillow tracks, the typical change was +4.1%.

Recent direction

Rent has fallen 4 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($86,472) is $2,162 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,620).

Cheaper nearby

Lansing, 7 miles away, rents for 29% less ($1,197/mo), about $5,900 a year in savings.

From Zillow's monthly rent index (ZORI) for Holt. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,304/yr
At $1,692/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.9% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-0.9% YoY, -0.6% MoM), not inventory.
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Demographics

Who lives here

Holt, MI is majority owner-occupied, 40.7% of residents hold a bachelor's degree or higher.

Population
25,316
Median income
$86,472
Median age
39.1
Renters
34.6%
Age distribution
21.8%
21.9%
26.9%
17.8%
Under 1821.8%
18–3421.9%
35–5426.9%
55–6411.6%
65+17.8%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
73.8%
White73.8%
Black9.1%
Hispanic8.6%
Asian4.2%
Other4.2%
Education (25+)
21.2%
32.8%
40.7%
No HS diploma5.4%
HS diploma21.2%
Some college32.8%
Bachelor's+40.7%
Housing tenure
65.4%
34.6%
Owner65.4%
Renter34.6%

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

2021 vs 2026

How Holt, MI has changed in 5 years

Income
$74,169 → $86,472
up 16.6%
Population
25,755 → 25,316
down 1.7%
Renter share
33.1% → 34.6%
+1.5 pts
Bachelor's+
40.7% → 40.7%
+0.0 pts
Median age
38 → 39.1
+1.1 yrs

Local incomes tracked alongside that move, going from a median of $74,169 in 2021 to $86,472 more recently. Census counts show Holt, MI losing about 439 residents over the five-year window, down 1.7% on net. The renter share has risen from 33.1% to 34.6%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Holt

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

Can you afford rent in Holt on your salary?

At $1,692/mo, how Holt rent compares to typical pay (30% rule).

By apartment size

Holt rent by bedroom count

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

Local insights

Tips for renters in Holt

About renting in Holt, MI

Last updated: October 17, 2026

The median rent in Holt is $1,692/mo as of October 2026. A studio apartment averages $940/mo while a 2-bedroom runs $1,220/mo. One-bedroom apartments average $980/mo and 3-bedroom units go for $1,590/mo.

At 23% of local median household income ($86,472/yr), Holt ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Holt?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,692/mo in Holt. The local median household income is $86,472/yr, so the typical household meets that bar.

Is rent going up or down in Holt?

Rent in Holt has fallen 0.9% over the past year.

How does Holt rent compare to other cities in Michigan?

Holt is one of the pricier among Michigan cities for rent, ranking #34 of 100 tracked cities at $1,692/mo. Over the year to September 2026, rent in Holt changed -0.9%, against a typical +4.1% across the 79 Michigan cities Zillow tracks.

Which nearby cities are cheaper to rent in than Holt?

Nearby cities with lower median rent than Holt ($1,692/mo) include Jackson ($1,159/mo), Lansing ($1,197/mo), and Grand Ledge ($1,356/mo).
Income Affordability
23%
VERY AFFORDABLE

At $1,692/mo, rent takes ~23% of Holt's median household income ($86,472/yr). The standard benchmark is 30%.

Holt 23%Benchmark 30%
State income tax4.25%
Run the Holt affordability calculator →
Lowest-rent ZIP codes in Holt
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Holt, MI

Recent submissions

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