Rental Market Trends in Michigan
$1,126/month
Average Rent
+3.3%
Increase in the Last Year
+$36
Average Price Increase
Ranked 17th
Least Expensive Rent by State
30,983
Available Rentals
Hillman, MI
City with the Lowest Rent
What is the average rent in Michigan?
As of June 2025, the average rent in Michigan is $1,126/month. When you rent an apartment in Michigan, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $1,025 per month for a studio, $1,126 for a one-bedroom apartment, and around $1,403 for a two-bedroom apartment in Michigan. If you opt for a three-bedroom rental, you could pay $1,841 or more.
Rent by City
What are the most affordable cities in Michigan?
Based on current rent prices, the cheapest cities in Michigan to live are Hillman, Iron River and Merrill.
What are the most expensive cities in Michigan?
Based on current rent prices, the most expensive cities in Michigan to live are Birmingham, Commerce Township and Ada.
Nearby State Markets
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Methodology
† 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.
State graphics provided by ProPublica
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