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Rental Market Trends in Perry, MI

What is the average rent in Perry, MI?

$822/month

Average Rent

617 Sq Ft

Average Apartment Size

-0.5%

Decrease in the Last Year

As of April 2026, the average rent in Perry, MI is $822 per month. This is 49% lower than the national average rent of $1,627/month, making renting in Perry more affordable than most cities in the US. When you rent an apartment in Perry, you can expect to pay about per month for a studio, $822 for a one-bedroom apartment, and around $925 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$822/month
617 Sq Ft
Two Bedroom
$925/month
856 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 Perry, MI?

In the past year, rent has decreased by 0.5%, which averages out to $4 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Perry, MI
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Perry, MI
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $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 Perry, MI?

Because the average rent in Perry is $822, you’ll want to make about $2,740 per month or $32,880 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

Perry, MI

2 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Perry, 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

Nearby City Rent Trends

  • Haslett Average Rent
  • Williamston Average Rent
  • Bath Average Rent
  • Okemos Average Rent
  • Owosso Average Rent
  • Corunna Average Rent
  • East Lansing Average Rent
  • Durand Average Rent

Apartment communities in Perry we think you'll love

529 E 2nd St

529 E 2nd St

529 E 2nd St,
Perry, MI 48872

$585

1 Bed

152 N Washington St

152 N Washington St

152 N Washington St,
Perry, MI 48872

$615

1 Bed

Newton Place Apartments

Newton Place Apartments

6276 Newton Rd,
Haslett, MI 48840

$1,486 - $3,835

1-4 Beds

Meridian Meadows Apartments

Meridian Meadows Apartments

4555 Paddock Dr,
Okemos, MI 48864

$1,197 - $2,045

1-3 Beds

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United States Michigan Perry 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 February 2026.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity