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Rental Market Trends in Muskegon, MI

What is the average rent in Muskegon, MI?

$991/month

Average Rent

646 Sq Ft

Average Apartment Size

+3.1%

Increase in the Last Year

As of September 2025, the average rent in Muskegon, MI is $991 per month. This is 40% lower than the national average rent of $1,640/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 $768 per month for a studio, $991 for a one-bedroom apartment, and around $1,292 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,573 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$768/month
338 Sq Ft
One Bedroom
$991/month
646 Sq Ft
Two Bedroom
$1,292/month
947 Sq Ft
Three Bedroom
$1,573/month
1,238 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,469/month
884 Sq Ft
Three Bedroom
$1,633/month
1,153 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 3.1%, which averages out to $32 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 September 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
E Muskegon/Norton Shores
$958/month
603 Sq Ft
Downtown Muskegon
$1,685/month
775 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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Muskegon
$1,685/month
775 Sq Ft
E Muskegon/Norton Shores
$958/month
603 Sq Ft

Which Muskegon neighborhoods have the most rentals available?

The neighborhoods in Muskegon with the most apartments available are Downtown Muskegon and E Muskegon/Norton Shores" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Muskegon
$1,685/month
775 Sq Ft
E Muskegon/Norton Shores
$958/month
603 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Muskegon is $991, you’ll want to make about $3,303 per month or $39,636 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

Muskegon, MI

300 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Muskegon, MI

Apartment Averages

E Muskegon/Norton Shores

Muskegon, MI

Downtown Muskegon

Muskegon, MI

Studio
$804/month
-
One Bedroom
$892/month
$1,514/month
Two Bedroom
$1,219/month
$1,865/month
Three Bedroom
$1,555/month
$1,992/month
Search
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Nearby City Rent Trends

  • Norton Shores Average Rent

Apartment communities in Muskegon we think you'll love

Harmony Lake Apartment Homes

Harmony Lake Apartment Homes

1700 Harmony Lake Dr,
Muskegon, MI 49444

$1,430 - $1,835

1-2 Beds

Amazon Apartments

Amazon Apartments

550 W Western Ave,
Muskegon, MI 49440

$1,500 - $2,025

1-3 Beds

Lake Forest Apartments

Lake Forest Apartments

581 Lake Forest Ln,
Muskegon, MI 49441

$1,138 - $1,775

1-3 Beds

Tiffany Woods

Tiffany Woods

3298 Roosevelt Rd,
Muskegon, MI 49441

$1,095 - $1,370

1-3 Beds

Property Management Companies in Muskegon, MI

Gordon Management
Gordon Management
  • 13

    Communities

  • 2,123

    Units

  • 8

    Cities

4 Communities in Muskegon
Monarch Investment and Management Group
Monarch Investment and Management Group
  • 307

    Communities

  • 75,174

    Units

  • 141

    Cities

3 Communities in Muskegon
KMG Prestige
KMG Prestige
  • 61

    Communities

  • 6,141

    Units

  • 40

    Cities

2 Communities in Muskegon
Edward Rose & Sons
Edward Rose & Sons
  • 141

    Communities

  • 71,295

    Units

  • 85

    Cities

1 Community in Muskegon

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United States Michigan Muskegon 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity