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Rental Market Trends in Ludington, MI

What is the average rent in Ludington, MI?

$1,122/month

Average Rent

658 Sq Ft

Average Apartment Size

+3%

Increase in the Last Year

As of February 2026, the average rent in Ludington, MI is $1,122 per month. This is 31% lower than the national average rent of $1,625/month, making renting in Ludington more affordable than most cities in the US. When you rent an apartment in Ludington, you can expect to pay about $1,082 per month for a studio, $1,122 for a one-bedroom apartment, and around $1,225 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,115 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,082/month
370 Sq Ft
One Bedroom
$1,122/month
658 Sq Ft
Two Bedroom
$1,225/month
939 Sq Ft
Three Bedroom
$1,115/month
966 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 Ludington, MI?

In the past year, rent has increased by 3%, which averages out to $35 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 February 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Ludington, MI
Last Updated February 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Ludington, MI
Percentage*
Rent Range
20% Below $700/month
0% $700 - $1,000/month
60% $1,001 - $1,500/month
20% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Ludington is $1,122, you’ll want to make about $3,740 per month or $44,880 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

Ludington, MI

26 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Ludington, 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 Ludington, MI

Apartment Averages

Apartment communities in Ludington we think you'll love

Lake District Flats

Lake District Flats

751 Maritime Dr,
Ludington, MI 49431

$1,495 - $1,980

1-2 Beds

Lofts on Rowe

Lofts on Rowe

801 N Rowe St,
Ludington, MI 49431

$1,081 - $1,857

Studio - 3 Beds

305 S James St

305 S James St

305 S James St,
Ludington, MI 49431

$1,100

1 Bed

415 S James St

415 S James St

415 S James St,
Ludington, MI 49431

$1,400 Total Monthly Price

2 Beds

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United States Michigan Ludington 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity