Bay City, MI has a population of 33,736, while the median age is 37. The household income in Bay City, MI is around $36,263. The homeownership rate among the residents is 70%. The median residential property value in Bay City, MI that you should keep in mind is $67,100.
Population | 33,736 |
Median Age | 37 |
Poverty Rate | 22% |
Household Income | $36,263 |
Number Of Employees | 14,504 |
Median Property Value | $67,100 |
Rent Price | Jan | vs Last Month |
---|---|---|
Studio apartments | $650 | N/A |
2-bed apartments | $850 | +21.4% |
Over the Jan 2023, the average rent for an apartment in/near Bay City, MI decreased by 33% to $750.
The average price for a rental studio in Bay City, MI has remained the same as last month and equals $650. Breaking it down in details, we now see that the average price for 1-bed apartment stands at $500 with no changes this month. Pricing for 2-bed apartment also increased by 21.4% and a place of this size will now cost you $850. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,525. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,349 for a big-family home.
Rent Type Price | Jan | vs Last Month |
---|---|---|
Houses for rent | $750 | -29.4% |
Looking at the median rent price for an apartment in Bay City, MI, you can note that it remains flat with a price tag of $1,349. Statistics show that house rent price decreased by 29.4% this month making it up to $750.