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Rental Market Trends in Hillsdale, MI

Updated July 2026

The average rent in Hillsdale, MI is $732/month.

Rent in Hillsdale is 56% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$732/month

Average Rent

551 Sq Ft

Average Size

+3.3%

Change / Year

26

Available Apartments

Hillsdale rent varies by unit size and layout:

  • Studio apartments in Hillsdale average $585 per month.
  • One-bedroom apartments in Hillsdale average $732 per month.
  • Two-bedroom apartments in Hillsdale average $964 per month.
  • Three-bedroom apartments in Hillsdale average $893 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$585/month
292 Sq Ft
One Bedroom
$732/month
551 Sq Ft
Two Bedroom
$964/month
900 Sq Ft
Three Bedroom
$893/month
860 Sq Ft
View Hillsdale Apartments

How much has average rent changed in Hillsdale, MI?

In the past year, rent has increased by 3.3%, which averages out to $24 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Hillsdale, MI

July 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Hillsdale, MI
Percentage*
Rent Range
50% Below $700/month
25% $700 - $1,000/month
25% $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 Hillsdale, MI?

Because the average rent in Hillsdale is $732, you’ll want to make about $2,440 per month or $29,280 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

Hillsdale, MI

26 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Hillsdale, 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.

View the Hillsdale Area Guide

Apartment Averages

Apartment Communities in Hillsdale We Think You'll Love

Whitney Estates Apartments

Whitney Estates Apartments

50 Whitney Estates Blvd,
Hillsdale, MI 49242

1-2 Beds | $1,250 - $1,315

Carriage Park Apartments

Carriage Park Apartments

34-64 State St,
Hillsdale, MI 49242

Studio - 3 Beds | $795 - $1,200

Greenwood Village

Greenwood Village

300 Village Green Blvd,
Hillsdale, MI 49242

1-3 Beds | $760 - $1,040

134 Hillsdale Street

134 Hillsdale Street

134 Hillsdale Street,
HILLSDALE, MI 49242

1 Bed | $750

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Frequently Asked Questions

What is the average rent in Hillsdale?

The average rent in Hillsdale is $732 per month, which is 56.0% lower than the national average of $1,663.

Are rents going up or down in Hillsdale?

Rents in Hillsdale, MI are increasing, with prices up 3.3% year-over-year and $24 more per month.

What rent range is most common in Hillsdale?

In Hillsdale, MI, 50% of apartments fall below $700/month, though prices may vary depending on location and other factors.

United States Michigan Hillsdale 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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity