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Rental Market Trends in Eaton Rapids, MI

What is the average rent in Eaton Rapids, MI?

$1,009/month

Average Rent

683 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

As of June 2025, the average rent in Eaton Rapids, MI is $1,009 per month. This is 38% lower than the national average rent of $1,627/month, making renting in Eaton Rapids more affordable than most cities in the US. When you rent an apartment in Eaton Rapids, you can expect to pay about $942 per month for a studio, $1,009 for a one-bedroom apartment, and around $1,213 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,527 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$942/month
497 Sq Ft
One Bedroom
$1,009/month
683 Sq Ft
Two Bedroom
$1,213/month
1,225 Sq Ft
Three Bedroom
$1,527/month
1,510 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 Eaton Rapids, MI?

In the past year, rent has increased by 1.4%, which averages out to $14 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 Eaton Rapids, MI
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Eaton Rapids, MI
Percentage*
Rent Range
0% Below $700/month
67% $700 - $1,000/month
33% $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 Eaton Rapids, MI?

Because the average rent in Eaton Rapids is $1,009, you’ll want to make about $3,363 per month or $40,356 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

Eaton Rapids, MI

25 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Eaton Rapids, 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 Eaton Rapids, MI

Apartment Averages

Nearby City Rent Trends

  • Charlotte Average Rent
  • Holt Average Rent
  • Mason Average Rent
  • Lansing Average Rent

Apartment communities in Eaton Rapids we think you'll love

Blossom Manor Apartments

Blossom Manor Apartments

754 State St,
Eaton Rapids, MI 48827

2 Beds | $875 - $1,000

Edgewater Apartments

Edgewater Apartments

223 N Main St,
Eaton Rapids, MI 48827

Studio - 2 Beds | $975 - $1,550

Island City Apartments

Island City Apartments

755 Island Ct,
Eaton Rapids, MI 48827

2-3 Beds | $570 - $1,434

242 S Main St

242 S Main St

242 S Main St,
Eaton Rapids, MI 48827

1 Bed | $865

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United States Michigan Eaton Rapids 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