Mona Shores Flats
267 Seminole Rd,
Norton Shores, MI 49444
1-3 Beds | $1,375 - $2,300
Rental Market Trends in Muskegon, MI
What is the average rent in Muskegon, MI?
$978/month
Average Rent
647 Sq Ft
Average Apartment Size
+1.9%
Increase in the Last Year
As of July 2025, the average rent in Muskegon, MI is $978 per month. This is 40% lower than the national average rent of $1,637/month, making renting in Muskegon more affordable than most cities in the US. When you rent an apartment in Muskegon, you can expect to pay about $771 per month for a studio, $978 for a one-bedroom apartment, and around $1,272 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,561 or more.
Floor Plan Type
Average Rent
Average 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 Muskegon, MI?
In the past year, rent has increased by 1.9%, which averages out to $19 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 July 2025
Legend
2024
2025
Rent Ranges in Muskegon, MI
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
19%
Below $700/month
16%
$700 - $1,000/month
44%
$1,001 - $1,500/month
16%
$1,501 - $2,000/month
6%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Muskegon?
Based on current rent prices, E Muskegon/Norton Shores and Downtown Muskegon" are the most affordable neighborhoods in Muskegon.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Muskegon?
Based on current rent prices, Downtown Muskegon and E Muskegon/Norton Shores" are the most expensive neighborhoods in Muskegon.
Neighborhood
Average Rent
Average Sq Ft
Which Muskegon neighborhoods have the most rentals available?
The neighborhoods in Muskegon with the most apartments available are E Muskegon/Norton Shores and Downtown Muskegon" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Muskegon, MI?
Because the average rent in Muskegon is $978, you’ll want to make about $3,260 per month or $39,120 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.
How does Muskegon, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Muskegon, 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.
Studio
$803/month
-
One Bedroom
$879/month
$1,496/month
Two Bedroom
$1,187/month
$1,846/month
Three Bedroom
$1,541/month
$1,966/month
Nearby City Rent Trends
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Monarch Investment and Management Group
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306
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Edward Rose & Sons
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KMG Prestige
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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.