Meridian Meadows Apartments
4555 Paddock Dr,
Okemos, MI 48864
1-3 Beds | $1,099 - $1,945
Rental Market Trends in Okemos, MI
Updated September 2026
The average rent in Okemos, MI is $1,317/month.
Rent in Okemos is 21% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$1,317/month
Average Rent
687 Sq Ft
Average Size
-1.2%
Change / Year
201
Available Apartments
Okemos rent varies by unit size and layout:
- Studio apartments in Okemos average $1,440 per month.
- One-bedroom apartments in Okemos average $1,317 per month.
- Two-bedroom apartments in Okemos average $1,615 per month.
- Three-bedroom apartments in Okemos average $2,443 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Okemos, MI?
In the past year, rent has decreased by 1.2%, which averages out to $15 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Okemos, MI
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
7%
$700 - $1,000/month
60%
$1,001 - $1,500/month
20%
$1,501 - $2,000/month
13%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Okemos?
Based on current rent prices, Meridian Township/Okemos is the most affordable neighborhood in Okemos.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Okemos?
Based on current rent prices, Meridian Township/Okemos is the most expensive neighborhood in Okemos.
Neighborhood
Average Rent
Average Sq Ft
Which Okemos neighborhoods have the most rentals available?
The neighborhood in Okemos with the most apartments available is Meridian Township/Okemos .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Okemos, MI?
Because the average rent in Okemos is $1,317, you’ll want to make about $4,390 per month or $52,680 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 Okemos, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Okemos, 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.
View the Okemos Area GuideStudio
$1,440/month
$1,440/month
One Bedroom
$1,249/month
$1,249/month
Two Bedroom
$1,472/month
$1,472/month
Three Bedroom
$2,494/month
$2,494/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Haslett
Avg Rent: $1,142/month
-
East Lansing
Avg Rent: $1,096/month
-
Williamston
Avg Rent: $976/month
-
Lansing
Avg Rent: $1,031/month
-
Holt
Avg Rent: $1,153/month
-
Bath
Avg Rent: $1,395/month
-
Mason
Avg Rent: $1,143/month
Apartment Communities in Okemos We Think You'll Love
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Frequently Asked Questions
What is the average rent in Okemos?
The average rent in Okemos is $1,317 per month, which is 20.9% lower than the national average of $1,665.
What is the average rent for a house in Okemos?
The average rent for a house in Okemos, MI is $2,175 per month.
Are rents going up or down in Okemos?
Rents in Okemos, MI are decreasing, with prices down 1.2% year-over-year and $15 less per month.
What rent range is most common in Okemos?
In Okemos, MI, 60% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.