City Report · MI

Holt

Pop. 25,316·48th most expensive in Michigan·Holt rents have dropped 22.0%, currently a renter's market
Median rent (all units)
$1,524/mo
Year-over-Year
-22.0%
Month-over-Month
-12.1%
vs US Median
-$438
Falling (Monthly)
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Most AffordableMost Expensive
Holt · $1,524
More affordable than 74% of US cities · National median $1,962/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,524/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$61,000/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 $1,524 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: August 17, 2026

Annual cost
$18,288/yr
At $1,524/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 22.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-22.0% YoY, -12.1% 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 $1,524/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: August 17, 2026

The median rent in Holt is $1,524/mo as of August 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 21% of local median household income ($86,472/yr), Holt ranks as affordable compared to the national benchmark of 30%. Rents have decreased 22.0% over the past year.

FAQ

Frequently asked questions

Is Holt an affordable city for renters?

Holt is considered very affordable for renters. At $1,524/mo, rent takes approximately 21% of the local median household income ($86,472/yr). The standard benchmark is 30%. Holt falls comfortably within that range.

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 $61,000/year (~$29/hour full-time) to afford the median rent of $1,524/mo in Holt. The local median household income is $86,472/yr, meaning the typical Holt household meets that threshold.

Is rent going up or down in Holt?

Rent in Holt has decreased 22.0% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Holt rent compare to other cities in Michigan?

Holt is middle-of-the-pack for Michigan for rent, ranking #48 out of 96 tracked cities at $1,524/mo.

Which nearby cities are cheaper to rent in than Holt?

Several nearby cities have lower median rents than Holt ($1,524/mo): Jackson ($1,104/mo), Lansing ($1,231/mo), East Lansing ($1,298/mo).

What percentage of Holt residents rent vs. own?

According to Census data, approximately 34.6% of Holt households are renters, while 65.4% are owner-occupied. Holt leans toward homeownership, which can mean a smaller rental inventory.

How does Holt rent compare to the national average?

Holt's median rent of $1,524/mo is $438 (22%) below the US national median of $1,962/mo. Within Michigan, it ranks #48 out of 96 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,524/mo, rent takes ~21% of Holt's median household income ($86,472/yr). The standard benchmark is 30%.

Holt 21%Benchmark 30%
State income tax4.25%
Run the Holt affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Holt, MI

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