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City Report · MI

Walker

Pop. 25,386·47th most expensive in Michigan·Rental market data updated monthly for Walker, MI
Median rent (all units)
$1,531/mo
Year-over-Year
Stable
Month-over-Month
+0.4%
vs US Median
-$434
Stable (Monthly)
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Most AffordableMost Expensive
Walker · $1,531
More affordable than 74% of US cities · National median $1,965/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,531/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$61,000/yr
Local median income
$76,360/yr
Based on the 30%-of-income rule using Walker's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,120
1 BR
$1,220
2 BR
$1,440
3 BR
$1,870
4 BR+
$2,060
Research median
$1,440/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
$18,372/yr
At $1,531/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 (+0.0% YoY, +0.4% MoM), not inventory.
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Demographics

Who lives here

Walker, MI is majority owner-occupied, 38.6% of residents hold a bachelor's degree or higher.

Population
25,386
Median income
$76,360
Median age
36.9
Renters
34.8%
Age distribution
20.4%
27.3%
22.8%
18.3%
Under 1820.4%
18–3427.3%
35–5422.8%
55–6411.3%
65+18.3%
Gender
51.3%
48.7%
Male51.3%
Female48.7%
Race & ethnicity
83%
White83%
Black3.4%
Hispanic6.2%
Asian4%
Other3.5%
Education (25+)
25.9%
31.3%
38.6%
No HS diploma4.1%
HS diploma25.9%
Some college31.3%
Bachelor's+38.6%
Housing tenure
65.2%
34.8%
Owner65.2%
Renter34.8%

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

2021 vs 2026

How Walker, MI has changed in 5 years

Income
$65,916 → $76,360
up 15.8%
Population
25,149 → 25,386
up 0.9%
Renter share
37.9% → 34.8%
-3.1 pts
Bachelor's+
33.2% → 38.6%
+5.4 pts
Median age
37.8 → 36.9
-0.9 yrs

Census figures show median household income at $76,360 today, compared with $65,916 five years earlier. The renter share has eased from 37.9% to 34.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 33.2% to 38.6% across the same window.

Community

Discussions about Walker

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

Can you afford rent in Walker on your salary?

At $1,531/mo, how Walker rent compares to typical pay (30% rule).

By apartment size

Walker rent by bedroom count

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

Local insights

Tips for renters in Walker

About renting in Walker, MI

Last updated: July 20, 2026

The median rent in Walker is $1,531/mo as of July 2026. A studio apartment averages $1,120/mo while a 2-bedroom runs $1,440/mo. One-bedroom apartments average $1,220/mo and 3-bedroom units go for $1,870/mo.

At 24% of local median household income ($76,360/yr), Walker ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Walker an affordable city for renters?

Walker is considered very affordable for renters. At $1,531/mo, rent takes approximately 24% of the local median household income ($76,360/yr). The standard benchmark is 30%. Walker falls comfortably within that range.

How much income do you need to rent in Walker?

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 $1,531/mo in Walker. The local median household income is $76,360/yr, meaning the typical Walker household meets that threshold.

Is rent going up or down in Walker?

Rent in Walker has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Walker rent compare to other cities in Michigan?

Walker is middle-of-the-pack for Michigan for rent, ranking #47 out of 95 tracked cities at $1,531/mo.

Which nearby cities are cheaper to rent in than Walker?

Several nearby cities have lower median rents than Walker ($1,531/mo): Northview ($1,340/mo), Allendale ($1,523/mo).

What percentage of Walker residents rent vs. own?

According to Census data, approximately 34.8% of Walker households are renters, while 65.2% are owner-occupied. Walker leans toward homeownership, which can mean a smaller rental inventory.

How does Walker rent compare to the national average?

Walker's median rent of $1,531/mo is $434 (22%) below the US national median of $1,965/mo. Within Michigan, it ranks #47 out of 95 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,531/mo, rent takes ~24% of Walker's median household income ($76,360/yr). The standard benchmark is 30%.

Walker 24%Benchmark 30%
State income tax4.25%
Run the Walker affordability calculator →
Lowest-rent ZIP codes in Walker
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Walker, MI

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