City Report · MI

Holt

Pop. 25,316·31st most expensive in Michigan·Holt rents have dropped 8.6%, currently a renter's market
Median rent (all units)
$1,733/mo
Year-over-Year
-8.6%
Month-over-Month
-7.2%
vs US Median
-$232
Falling (Monthly)
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Most AffordableMost Expensive
Holt · $1,733
More affordable than 59% of US cities · National median $1,965/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,733/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$69,000/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
Research median
$1,220/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,796/yr
At $1,733/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 8.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-8.6% YoY, -7.2% 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

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

Can you afford rent in Holt on your salary?

At $1,733/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: July 20, 2026

The median rent in Holt is $1,733/mo as of July 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 24% of local median household income ($86,472/yr), Holt ranks as affordable compared to the national benchmark of 30%. Rents have decreased 8.6% over the past year.

FAQ

Frequently asked questions

Is Holt an affordable city for renters?

Holt is considered very affordable for renters. At $1,733/mo, rent takes approximately 24% 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 $69,000/year (~$33/hour full-time) to afford the median rent of $1,733/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 8.6% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Holt rent compare to other cities in Michigan?

Holt is one of the pricier cities in Michigan for rent, ranking #31 out of 95 tracked cities at $1,733/mo.

Which nearby cities are cheaper to rent in than Holt?

Several nearby cities have lower median rents than Holt ($1,733/mo): Jackson ($1,140/mo), Lansing ($1,230/mo), East Lansing ($1,261/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 $1,733/mo is $232 (12%) below the US national median of $1,965/mo. Within Michigan, it ranks #31 out of 95 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,733/mo, rent takes ~24% of Holt's median household income ($86,472/yr). The standard benchmark is 30%.

Holt 24%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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