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Rental Market Trends in Portage, MI

Updated September 2026

The average rent in Portage, MI is $1,134/month.

Rent in Portage is 32% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,134/month

Average Rent

648 Sq Ft

Average Size

+0.4%

Change / Year

343

Available Apartments

Portage rent varies by unit size and layout:

  • Studio apartments in Portage average $1,028 per month.
  • One-bedroom apartments in Portage average $1,134 per month.
  • Two-bedroom apartments in Portage average $1,512 per month.
  • Three-bedroom apartments in Portage average $1,840 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,028/month
298 Sq Ft
One Bedroom
$1,134/month
648 Sq Ft
Two Bedroom
$1,512/month
992 Sq Ft
Three Bedroom
$1,840/month
1,414 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,191/month
1,457 Sq Ft
View Portage Apartments

How much has average rent changed in Portage, MI?

In the past year, rent has increased by 0.4%, which averages out to $6 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Portage, MI

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Portage, MI
Percentage*
Rent Range
0% Below $700/month
15% $700 - $1,000/month
50% $1,001 - $1,500/month
31% $1,501 - $2,000/month
4% Above $2,000/month

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

Because the average rent in Portage is $1,134, you’ll want to make about $3,780 per month or $45,360 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

343 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.

View the Portage Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Kalamazoo

    Kalamazoo

    Avg Rent: $1,130/month

  • Vicksburg

    Vicksburg

    Avg Rent: $878/month

  • Parchment

    Parchment

    Avg Rent: $897/month

Apartment Communities in Portage We Think You'll Love

Timberwood Crossing

Timberwood Crossing

6285 Ivywood Dr,
Portage, MI 49024

Studio - 2 Beds | $930 - $1,310

Tall Timbers

Tall Timbers

3413 W Centre Ave,
Portage, MI 49024

Studio - 2 Beds | $1,320 - $2,619

The Bluffs at Gull Lake

The Bluffs at Gull Lake

12135 M-89,
Richland, MI 49083

1-3 Beds | $1,600 - $2,500

Greenspire Apartments

Greenspire Apartments

8380 Greenspire Dr,
Portage, MI 49024

1-3 Beds | $1,063 - $2,000

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Frequently Asked Questions

What is the average rent in Portage?

The average rent in Portage is $1,134 per month, which is 31.9% lower than the national average of $1,665.

What is the average rent for a house in Portage?

The average rent for a house in Portage, MI is $2,191 per month.

Are rents going up or down in Portage?

Rents in Portage, MI are increasing, with prices up 0.4% year-over-year and $6 more per month.

What rent range is most common in Portage?

In Portage, MI, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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