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Rental Market Trends in Portage, MI

What is the average rent in Portage, MI?

$1,108/month

Average Rent

646 Sq Ft

Average Apartment Size

+1.8%

Increase in the Last Year

As of April 2026, the average rent in Portage, MI is $1,108 per month. This is 32% lower than the national average rent of $1,641/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 $1,036 per month for a studio, $1,108 for a one-bedroom apartment, and around $1,501 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,887 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,036/month
298 Sq Ft
One Bedroom
$1,108/month
646 Sq Ft
Two Bedroom
$1,501/month
991 Sq Ft
Three Bedroom
$1,887/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 1.8%, which averages out to $21 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Portage, MI
Last Updated April 2026
$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
24% $1,501 - $2,000/month
4% 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, Southland Village is the most affordable neighborhood in Portage.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southland Village
$1,219/month
682 Sq Ft

What are the most expensive neighborhoods in Portage?

Based on current rent prices, Southland Village is the most expensive neighborhood in Portage.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southland Village
$1,219/month
682 Sq Ft

Which Portage neighborhoods have the most rentals available?

The neighborhood in Portage with the most apartments available is Southland Village .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southland Village
$1,219/month
682 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 $1,108, you’ll want to make about $3,693 per month or $44,316 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

356 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

Southland Village

Portage, MI

Southland Village

Portage, MI

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

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

$1,320 - $2,619

Studio - 2 Beds

Timberwood Crossing

Timberwood Crossing

6285 Ivywood Dr,
Portage, MI 49024

$895 - $1,310

Studio - 2 Beds

Redwood Portage

Redwood Portage

1201 Snowapple Ave,
Portage, MI 49002

$2,063 - $3,089

2 Beds

Greenspire Apartments

Greenspire Apartments

8380 Greenspire Dr,
Portage, MI 49024

$1,063 - $2,000

1-3 Beds

Property Management Companies in Portage, MI

Edward Rose & Sons
Edward Rose & Sons
  • 136

    Communities

  • 69,964

    Units

  • 84

    Cities

4 Communities in Portage
Village Green
Village Green
  • 162

    Communities

  • 33,189

    Units

  • 92

    Cities

3 Communities in Portage
Princeton Management
Princeton Management
  • 125

    Communities

  • 21,159

    Units

  • 62

    Cities

2 Communities in Portage
Eenhoorn, LLC
Eenhoorn, LLC
  • 34

    Communities

  • 5,776

    Units

  • 16

    Cities

2 Communities in Portage
RAM Partners
RAM Partners
  • 294

    Communities

  • 78,101

    Units

  • 170

    Cities

1 Community in Portage
Redwood Living
Redwood Living
  • 144

    Communities

  • 19,026

    Units

  • 116

    Cities

1 Community in Portage
Highmark Residential
Highmark Residential
  • 208

    Communities

  • 60,049

    Units

  • 114

    Cities

1 Community in Portage
MTH Management
MTH Management
  • 71

    Communities

  • 3,152

    Units

  • 40

    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 February 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.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity