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Rental Market Trends in Newaygo, MI

What is the average rent in Newaygo, MI?

$1,074/month

Average Rent

668 Sq Ft

Average Apartment Size

+5.4%

Increase in the Last Year

As of June 2025, the average rent in Newaygo, MI is $1,074 per month. This is 34% lower than the national average rent of $1,628/month, making renting in Newaygo more affordable than most cities in the US. When you rent an apartment in Newaygo, you can expect to pay about $977 per month for a studio, $1,074 for a one-bedroom apartment, and around $1,271 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,519 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$977/month
0 Sq Ft
One Bedroom
$1,074/month
668 Sq Ft
Two Bedroom
$1,271/month
860 Sq Ft
Three Bedroom
$1,519/month
1,260 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 Newaygo, MI?

In the past year, rent has increased by 5.4%, 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 Newaygo, MI
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Newaygo, MI
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Newaygo is $1,074, you’ll want to make about $3,580 per month or $42,960 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

Newaygo, MI

3 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Newaygo, 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.

Apartment Averages

Apartment communities in Newaygo we think you'll love

Autumn Grove (Newaygo)

Autumn Grove (Newaygo)

620 W Brooks St,
Newaygo, MI 49337

1-2 Beds | $379 - $1,038

157 W Barton St

157 W Barton St

157 W Barton St,
Newaygo, MI 49337

1 Bed | $750

Meadowcreek Apartments

Meadowcreek Apartments

300 Oak St,
Cedar Springs, MI 49319

2-3 Beds | $995 - $1,000

318 Dewitt Ave

318 Dewitt Ave

318 Dewitt Ave,
Fremont, MI 49412

1 Bed | $621

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United States Michigan Newaygo 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