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Rental Market Trends in Bay City, MI

What is the average rent in Bay City, MI?

$727/month

Average Rent

666 Sq Ft

Average Apartment Size

+0.8%

Increase in the Last Year

As of September 2025, the average rent in Bay City, MI is $727 per month. This is 56% lower than the national average rent of $1,639/month, making renting in Bay City more affordable than most cities in the US. When you rent an apartment in Bay City, you can expect to pay about $767 per month for a studio, $727 for a one-bedroom apartment, and around $964 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,343 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$767/month
395 Sq Ft
One Bedroom
$727/month
666 Sq Ft
Two Bedroom
$964/month
796 Sq Ft
Three Bedroom
$1,343/month
1,187 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Bay City, MI?

In the past year, rent has increased by 0.8%, which averages out to $6 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Bay City, MI
Last Updated September 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Bay City, MI
Percentage*
Rent Range
20% Below $700/month
60% $700 - $1,000/month
10% $1,001 - $1,500/month
0% $1,501 - $2,000/month
10% Above $2,000/month

What salary do I need to live comfortably in Bay City, MI?

Because the average rent in Bay City is $727, you’ll want to make about $2,423 per month or $29,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Bay City, MI

72 Available Apartments for Rent

Search for Nearby Apartments

How does Bay City, MI compare to other nearby cities and neighborhoods?

Use the tool below to compare Bay City, MI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Bay City, MI

Apartment Averages

Nearby City Rent Trends

  • Essexville Average Rent
  • Saginaw Average Rent
  • Midland Average Rent

Apartment communities in Bay City we think you'll love

Lux off Washington

Lux off Washington

1305 Washington Ave,
Bay City, MI 48708

$799 - $1,150

Studio - 1 Bed

Sheridan Arms Apartments

Sheridan Arms Apartments

1300 Center Ave,
Bay City, MI 48708

$775 - $1,250

1-3 Beds

Bay Valley Harbor Apartments

Bay Valley Harbor Apartments

2486 N Harbor Dr,
Bay City, MI 48706

$725 - $1,150

Studio - 2 Beds

Huntington Place Apartments

Huntington Place Apartments

837 N Scheurmann Rd,
Essexville, MI 48732

$757 - $1,404

Studio - 2 Beds

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United States Michigan Bay City Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity