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Rental Market Trends in Saginaw, MI

What is the average rent in Saginaw, MI?

$880/month

Average Rent

685 Sq Ft

Average Apartment Size

+4.7%

Increase in the Last Year

As of March 2026, the average rent in Saginaw, MI is $880 per month. This is 46% lower than the national average rent of $1,626/month, making renting in Saginaw more affordable than most cities in the US. When you rent an apartment in Saginaw, you can expect to pay about $633 per month for a studio, $880 for a one-bedroom apartment, and around $1,035 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,329 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$633/month
389 Sq Ft
One Bedroom
$880/month
685 Sq Ft
Two Bedroom
$1,035/month
930 Sq Ft
Three Bedroom
$1,329/month
1,307 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,086/month
533 Sq Ft
Three Bedroom
$1,297/month
685 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 Saginaw, MI?

In the past year, rent has increased by 4.7%, which averages out to $42 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Saginaw, MI
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Saginaw, MI
Percentage*
Rent Range
15% Below $700/month
48% $700 - $1,000/month
30% $1,001 - $1,500/month
4% $1,501 - $2,000/month
2% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Saginaw?

Based on current rent prices, Charter Heights is the most affordable neighborhood in Saginaw.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Charter Heights
$901/month
728 Sq Ft

What are the most expensive neighborhoods in Saginaw?

Based on current rent prices, Charter Heights is the most expensive neighborhood in Saginaw.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Charter Heights
$901/month
728 Sq Ft

Which Saginaw neighborhoods have the most rentals available?

The neighborhood in Saginaw with the most apartments available is Charter Heights .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Charter Heights
$901/month
728 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Saginaw is $880, you’ll want to make about $2,933 per month or $35,196 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

Saginaw, MI

281 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Saginaw, 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 Saginaw, MI

Apartment Averages

Charter Heights

Saginaw, MI

Charter Heights

Saginaw, MI

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

  • Bay City Average Rent

Apartment communities in Saginaw we think you'll love

AUTUMN RIDGE APARTMENTS

AUTUMN RIDGE APARTMENTS

3670 Hess Ave,
Saginaw, MI 48601

$875 - $1,095

1-3 Beds

Sterling Crest Apartments

Sterling Crest Apartments

1307 Tittabawassee Rd,
Saginaw, MI 48604

$1,129 - $2,439

2-3 Beds

Fox Glen Apartments

Fox Glen Apartments

6301 Fox Glen Dr,
Saginaw, MI 48638

$740 - $1,125

Studio - 2 Beds

Green Acres - Saginaw, MI

Green Acres - Saginaw, MI

4645 Colonial Dr,
Saginaw, MI 48603

$895 - $1,205

1-2 Beds

Property Management Companies in Saginaw, MI

RAM Partners
RAM Partners
  • 293

    Communities

  • 77,793

    Units

  • 169

    Cities

2 Communities in Saginaw
PRE/3
PRE/3
  • 183

    Communities

  • 14,413

    Units

  • 117

    Cities

2 Communities in Saginaw
Village Green
Village Green
  • 163

    Communities

  • 33,387

    Units

  • 94

    Cities

2 Communities in Saginaw
LR Management
LR Management
  • 63

    Communities

  • 14,448

    Units

  • 38

    Cities

2 Communities in Saginaw
Charger Properties
Charger Properties
  • 17

    Communities

  • 2,060

    Units

  • 13

    Cities

2 Communities in Saginaw
Legacy, LLC
Legacy, LLC
  • 10

    Communities

  • 1,621

    Units

  • 9

    Cities

2 Communities in Saginaw
Highmark Residential
Highmark Residential
  • 210

    Communities

  • 60,667

    Units

  • 116

    Cities

1 Community in Saginaw
Peak Capital Partners
Peak Capital Partners
  • 74

    Communities

  • 12,723

    Units

  • 61

    Cities

1 Community in Saginaw

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United States Michigan Saginaw 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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Equal Housing Opportunity