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Rental Market Trends in Schoolcraft, MI

What is the average rent in Schoolcraft, MI?

$807/month

Average Rent

142 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of April 2026, the average rent in Schoolcraft, MI is $807 per month. This is 50% lower than the national average rent of $1,627/month, making renting in Schoolcraft more affordable than most cities in the US. When you rent an apartment in Schoolcraft, you can expect to pay about per month for a studio, $807 for a one-bedroom apartment, and around $817 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$807/month
142 Sq Ft
Two Bedroom
$817/month
382 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 Schoolcraft, MI?

In the past year, rent has increased by 1.1%, which averages out to $9 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 Schoolcraft, MI
Last Updated April 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Schoolcraft, MI
Percentage*
Rent Range
50% Below $700/month
50% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Schoolcraft is $807, you’ll want to make about $2,690 per month or $32,280 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

Schoolcraft, MI

1 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Schoolcraft, 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.

Apartment Averages

Nearby City Rent Trends

  • Portage Average Rent
  • Kalamazoo Average Rent

Apartment communities in Schoolcraft we think you'll love

6452 W Vw Ave

6452 W Vw Ave

6452 W Vw Ave,
Schoolcraft, MI 49087

$2,700 Total Monthly Price

3 Beds | 1 Month Lease

Timberwood Crossing

Timberwood Crossing

6285 Ivywood Dr,
Portage, MI 49024

$930 - $1,310

Studio - 2 Beds

Redwood Portage

Redwood Portage

1201 Snowapple Ave,
Portage, MI 49002

$2,173 - $3,206

2 Beds

Willow Creek Apartments

Willow Creek Apartments

3707 Greenleaf Cir,
Kalamazoo, MI 49008

$1,099 - $1,444

1-3 Beds

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United States Michigan Schoolcraft 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