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Rental Market Trends in Portage, MI

What is the average rent in Portage, MI?

$1,119/month

Average Rent

645 Sq Ft

Average Apartment Size

+4%

Increase in the Last Year

As of September 2025, the average rent in Portage, MI is $1,119 per month. This is 32% lower than the national average rent of $1,639/month, making renting in Portage more affordable than most cities in the US. When you rent an apartment in Portage, you can expect to pay about $1,046 per month for a studio, $1,119 for a one-bedroom apartment, and around $1,469 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,827 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,046/month
459 Sq Ft
One Bedroom
$1,119/month
645 Sq Ft
Two Bedroom
$1,469/month
992 Sq Ft
Three Bedroom
$1,827/month
1,414 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 Portage, MI?

In the past year, rent has increased by 4%, which averages out to $45 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 Ranges in Portage, MI
Last Updated September 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Portage, MI
Percentage*
Rent Range
0% Below $700/month
16% $700 - $1,000/month
56% $1,001 - $1,500/month
20% $1,501 - $2,000/month
8% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Portage?

Based on current rent prices, Ridgebrook, Southland Village and Coventry Village are the most affordable neighborhoods in Portage.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ridgebrook
$1,176/month
723 Sq Ft
Southland Village
$1,223/month
684 Sq Ft
Coventry Village
$1,376/month
742 Sq Ft

What are the most expensive neighborhoods in Portage?

Based on current rent prices, Coventry Village, Southland Village and Ridgebrook are the most expensive neighborhoods in Portage.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Coventry Village
$1,376/month
742 Sq Ft
Southland Village
$1,223/month
684 Sq Ft
Ridgebrook
$1,176/month
723 Sq Ft

Which Portage neighborhoods have the most rentals available?

The neighborhoods in Portage with the most apartments available are Ridgebrook, Southland Village and Coventry Village .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ridgebrook
$1,176/month
723 Sq Ft
Southland Village
$1,223/month
684 Sq Ft
Coventry Village
$1,376/month
742 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Portage is $1,119, you’ll want to make about $3,730 per month or $44,760 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

Portage, MI

498 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Portage, 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 Portage, MI

Apartment Averages

Ridgebrook

Portage, MI

Coventry Village

Portage, MI

Studio
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-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
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Nearby City Rent Trends

  • Kalamazoo Average Rent
  • Comstock Average Rent

Apartment communities in Portage we think you'll love

Tall Timbers

Tall Timbers

3413 W Centre Ave,
Portage, MI 49024

$1,560 - $2,554

Studio - 2 Beds

Timberwood Crossing

Timberwood Crossing

6285 Ivywood Dr,
Portage, MI 49024

$930 - $1,295

Studio - 2 Beds

Greenspire Apartments

Greenspire Apartments

8380 Greenspire Dr,
Portage, MI 49024

$1,031 - $2,000

1-3 Beds

Abbey42

Abbey42

5141 S Wagon Trl,
Kalamazoo, MI 49048

$1,160 - $2,150

Studio - 3 Beds

Property Management Companies in Portage, MI

Village Green
Village Green
  • 166

    Communities

  • 34,575

    Units

  • 97

    Cities

4 Communities in Portage
Edward Rose & Sons
Edward Rose & Sons
  • 140

    Communities

  • 70,911

    Units

  • 85

    Cities

4 Communities in Portage
Princeton Management
Princeton Management
  • 118

    Communities

  • 20,365

    Units

  • 59

    Cities

2 Communities in Portage
Eenhoorn, LLC
Eenhoorn, LLC
  • 32

    Communities

  • 5,065

    Units

  • 16

    Cities

2 Communities in Portage
RAM Partners
RAM Partners
  • 293

    Communities

  • 76,650

    Units

  • 169

    Cities

1 Community in Portage
Highmark Residential
Highmark Residential
  • 218

    Communities

  • 62,788

    Units

  • 118

    Cities

1 Community in Portage
MTH Management
MTH Management
  • 61

    Communities

  • 3,071

    Units

  • 36

    Cities

1 Community in Portage
Dynasty Properties
Dynasty Properties
  • 24

    Communities

  • 4,279

    Units

  • 17

    Cities

1 Community in Portage

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United States Michigan Portage 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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