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Rental Market Trends in Muskegon, MI

What is the average rent in Muskegon, MI?

$987/month

Average Rent

642 Sq Ft

Average Apartment Size

+5.8%

Increase in the Last Year

As of June 2025, the average rent in Muskegon, MI is $987 per month. This is 39% lower than the national average rent of $1,628/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 $774 per month for a studio, $987 for a one-bedroom apartment, and around $1,265 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,554 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$774/month
332 Sq Ft
One Bedroom
$987/month
642 Sq Ft
Two Bedroom
$1,265/month
944 Sq Ft
Three Bedroom
$1,554/month
1,236 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$841/month
592 Sq Ft
Two Bedroom
$1,089/month
948 Sq Ft
Three Bedroom
$1,548/month
1,132 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 5.8%, which averages out to $58 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Muskegon, MI
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Muskegon, MI
Percentage*
Rent Range
19% Below $700/month
19% $700 - $1,000/month
38% $1,001 - $1,500/month
19% $1,501 - $2,000/month
6% Above $2,000/month

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 is the most affordable neighborhood in Muskegon.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
E Muskegon/Norton Shores
$1,020/month
570 Sq Ft

What are the most expensive neighborhoods in Muskegon?

Based on current rent prices, E Muskegon/Norton Shores is the most expensive neighborhood in Muskegon.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
E Muskegon/Norton Shores
$1,020/month
570 Sq Ft

Which Muskegon neighborhoods have the most rentals available?

The neighborhood in Muskegon with the most apartments available is E Muskegon/Norton Shores .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
E Muskegon/Norton Shores
$1,020/month
570 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 $987, you’ll want to make about $3,290 per month or $39,480 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

258 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

E Muskegon/Norton Shores

Muskegon, MI

Studio
$800/month
$800/month
One Bedroom
$906/month
$906/month
Two Bedroom
$1,144/month
$1,144/month
Three Bedroom
$1,523/month
$1,523/month
Search
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Nearby City Rent Trends

  • Norton Shores Average Rent
  • Spring Lake Average Rent
  • Grand Haven Average Rent

Apartment communities in Muskegon we think you'll love

Mona Shores Flats

Mona Shores Flats

267 Seminole Rd,
Norton Shores, MI 49444

1-3 Beds | $1,375 - $2,375

Harmony Lake Apartment Homes

Harmony Lake Apartment Homes

1700 Harmony Lake Dr,
Muskegon, MI 49444

1-2 Beds | $1,430 - $1,835

Amazon Apartments

Amazon Apartments

550 W Western Ave,
Muskegon, MI 49440

1-3 Beds | $1,400 - $2,025

Tiffany Woods

Tiffany Woods

3298 Roosevelt Rd,
Muskegon, MI 49441

1-3 Beds | $1,090 - $1,555

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
  • 306

    Communities

  • 74,563

    Units

  • 141

    Cities

3 Communities in Muskegon
Edward Rose & Sons
Edward Rose & Sons
  • 140

    Communities

  • 70,911

    Units

  • 85

    Cities

1 Community in Muskegon
KMG Prestige
KMG Prestige
  • 56

    Communities

  • 5,795

    Units

  • 37

    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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity