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Rental Market Trends in Cadillac, MI

What is the average rent in Cadillac, MI?

$882/month

Average Rent

351 Sq Ft

Average Apartment Size

+13.8%

Increase in the Last Year

As of June 2025, the average rent in Cadillac, MI is $882 per month. This is 46% lower than the national average rent of $1,627/month, making renting in Cadillac more affordable than most cities in the US. When you rent an apartment in Cadillac, you can expect to pay about $1,020 per month for a studio, $882 for a one-bedroom apartment, and around $1,150 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,153 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,020/month
323 Sq Ft
One Bedroom
$882/month
351 Sq Ft
Two Bedroom
$1,150/month
929 Sq Ft
Three Bedroom
$1,153/month
1,207 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 Cadillac, MI?

In the past year, rent has increased by 13.8%, which averages out to $122 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Cadillac, MI
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Cadillac, MI
Percentage*
Rent Range
0% Below $700/month
25% $700 - $1,000/month
75% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Cadillac is $882, you’ll want to make about $2,940 per month or $35,280 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

Cadillac, MI

7 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Cadillac, 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 Cadillac, MI

Apartment Averages

Apartment communities in Cadillac we think you'll love

Cadillac Lofts

Cadillac Lofts

207 S Mitchell St,
Cadillac, MI 49601

Studio - 2 Beds | $1,071 - $1,567

7048 W 38 Rd

7048 W 38 Rd

7048 W 38 Rd,
Cadillac, MI 49601

1 Bed | $825

410 S Simon St

410 S Simon St

410 S Simon St,
Cadillac, MI 49601

3 Beds | $1,700

218 E River St

218 E River St

218 E River St,
Cadillac, MI 49601

2 Beds | $1,100

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United States Michigan Cadillac 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity