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Rental Market Trends in Shelby Township, MI

What is the average rent in Shelby Township, MI?

$1,151/month

Average Rent

778 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of April 2026, the average rent in Shelby Township, MI is $1,151 per month. This is 30% lower than the national average rent of $1,641/month, making renting in Shelby Township more affordable than most cities in the US. When you rent an apartment in Shelby Township, you can expect to pay about per month for a studio, $1,151 for a one-bedroom apartment, and around $1,592 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,874 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,151/month
778 Sq Ft
Two Bedroom
$1,592/month
1,116 Sq Ft
Three Bedroom
$1,874/month
1,149 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,638/month
1,178 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Shelby Township, MI?

In the past year, rent has increased by 1.1%, which averages out to $13 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 Shelby Township, MI
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Shelby Township, MI
Percentage*
Rent Range
0% Below $700/month
9% $700 - $1,000/month
39% $1,001 - $1,500/month
36% $1,501 - $2,000/month
15% Above $2,000/month

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

Because the average rent in Shelby Township is $1,151, you’ll want to make about $3,836 per month or $46,032 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

Shelby Township, MI

575 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Shelby Township, 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 Shelby Township, MI

Apartment Averages

Apartment communities in Shelby Township we think you'll love

Stone Ridge Of Shelby

Stone Ridge Of Shelby

2939 Alabaster,
Shelby Township, MI 48317

$1,645 - $1,810

1-2 Beds

Lakeside Terrace Apartments

Lakeside Terrace Apartments

44525 Pine Dr,
Sterling Heights, MI 48313

$1,317 - $2,450

1-3 Beds

Mid-Town Park

Mid-Town Park

14441 23 Mile Rd,
Shelby Township, MI 48315

$1,800 - $2,275 Total Monthly Price

2-3 Beds | 12 Month Lease

Oak Hill Apartments

Oak Hill Apartments

45600 Oak Hill Blvd,
Shelby Township, MI 48317

$1,345 - $3,060 Total Monthly Price

1-2 Beds

Property Management Companies in Shelby Township, MI

Redwood Living
Redwood Living
  • 144

    Communities

  • 19,026

    Units

  • 116

    Cities

3 Communities in Shelby Township
Friedman Real Estate
Friedman Real Estate
  • 45

    Communities

  • 11,874

    Units

  • 29

    Cities

2 Communities in Shelby Township
Silverside Management LLC
Silverside Management LLC
  • 29

    Communities

  • 1,385

    Units

  • 21

    Cities

2 Communities in Shelby Township
Greystar
Greystar
  • 3,486

    Communities

  • 959,009

    Units

  • 891

    Cities

1 Community in Shelby Township
Harbor Group Management
Harbor Group Management
  • 185

    Communities

  • 54,145

    Units

  • 135

    Cities

1 Community in Shelby Township
Village Green
Village Green
  • 163

    Communities

  • 33,452

    Units

  • 93

    Cities

1 Community in Shelby Township
Princeton Management
Princeton Management
  • 125

    Communities

  • 21,159

    Units

  • 62

    Cities

1 Community in Shelby Township
BEZTAK Properties
BEZTAK Properties
  • 91

    Communities

  • 22,772

    Units

  • 51

    Cities

1 Community in Shelby Township

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United States Michigan Shelby Township 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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Equal Housing Opportunity