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Rental Market Trends in Saginaw, MI

Updated July 2026

The average rent in Saginaw, MI is $881/month.

Rent in Saginaw is 47% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$881/month

Average Rent

683 Sq Ft

Average Size

+0.1%

Change / Year

197

Available Apartments

Saginaw rent varies by unit size and layout:

  • Studio apartments in Saginaw average $636 per month.
  • One-bedroom apartments in Saginaw average $881 per month.
  • Two-bedroom apartments in Saginaw average $1,055 per month.
  • Three-bedroom apartments in Saginaw average $1,339 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$636/month
389 Sq Ft
One Bedroom
$881/month
683 Sq Ft
Two Bedroom
$1,055/month
939 Sq Ft
Three Bedroom
$1,339/month
1,307 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,010/month
973 Sq Ft
Three Bedroom
$1,240/month
707 Sq Ft
Four Bedroom
$1,248/month
1,296 Sq Ft
View Saginaw Apartments

How much has average rent changed in Saginaw, MI?

In the past year, rent has increased by 0.1%, which averages out to $1 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Saginaw, MI

July 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

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

Because the average rent in Saginaw is $881, you’ll want to make about $2,936 per month or $35,232 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

197 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.

View the Saginaw Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Bay City

    Bay City

Apartment Communities in Saginaw We Think You'll Love

Sterling Crest Apartments

Sterling Crest Apartments

1307 Tittabawassee Rd,
Saginaw, MI 48604

2-3 Beds | $1,348 - $1,589

Fox Glen Apartments

Fox Glen Apartments

6301 Fox Glen Dr,
Saginaw, MI 48638

Studio - 2 Beds | $740 - $1,125

BiBi's Paradise Villas

BiBi's Paradise Villas

5999 Paradise Circle,
Saginaw, MI 48604

2 Beds | $2,100

Arbor Trails

Arbor Trails

3289 Schust Rd,
Saginaw, MI 48603

1-4 Beds | $1,319 - $2,090

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Frequently Asked Questions

What is the average rent in Saginaw?

The average rent in Saginaw is $881 per month, which is 47.0% lower than the national average of $1,662.

What is the average rent for a house in Saginaw?

The average rent for a house in Saginaw, MI is $1,240 per month.

Are rents going up or down in Saginaw?

Rents in Saginaw, MI are increasing, with prices up 0.1% year-over-year and $1 more per month.

What rent range is most common in Saginaw?

In Saginaw, MI, 48% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 June 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity