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Rental Market Trends in Taylor, MI

Updated July 2026

The average rent in Taylor, MI is $1,020/month.

Rent in Taylor is 39% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,020/month

Average Rent

803 Sq Ft

Average Size

+3.2%

Change / Year

433

Available Apartments

Taylor rent varies by unit size and layout:

  • Studio apartments in Taylor average $639 per month.
  • One-bedroom apartments in Taylor average $1,020 per month.
  • Two-bedroom apartments in Taylor average $1,153 per month.
  • Three-bedroom apartments in Taylor average $1,396 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$639/month
567 Sq Ft
One Bedroom
$1,020/month
803 Sq Ft
Two Bedroom
$1,153/month
984 Sq Ft
Three Bedroom
$1,396/month
1,226 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,563/month
994 Sq Ft
View Taylor Apartments

How much has average rent changed in Taylor, MI?

In the past year, rent has increased by 3.2%, which averages out to $33 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Taylor, MI

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Taylor, MI
Percentage*
Rent Range
4% Below $700/month
17% $700 - $1,000/month
70% $1,001 - $1,500/month
9% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Taylor?

Based on current rent prices, Downriver is the most affordable neighborhood in Taylor.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downriver
$1,145/month
720 Sq Ft

What are the most expensive neighborhoods in Taylor?

Based on current rent prices, Downriver is the most expensive neighborhood in Taylor.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downriver
$1,145/month
720 Sq Ft

Which Taylor neighborhoods have the most rentals available?

The neighborhood in Taylor with the most apartments available is Downriver .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downriver
$1,145/month
720 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Taylor is $1,020, you’ll want to make about $3,400 per month or $40,800 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

Taylor, MI

433 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Taylor, 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 Taylor Area Guide

Apartment Averages

Downriver

Taylor, MI

Downriver

Taylor, MI

Studio
$952/month
$952/month
One Bedroom
$1,006/month
$1,006/month
Two Bedroom
$1,259/month
$1,259/month
Three Bedroom
$1,459/month
$1,459/month
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Lincoln Park

    Lincoln Park

Apartment Communities in Taylor We Think You'll Love

Princeton Square

Princeton Square

13300 Princeton Ave,
Taylor, MI 48180

1-2 Beds | $945 - $1,145

Westminster Park Apartments

Westminster Park Apartments

23710 Crisler St,
Taylor, MI 48180

1-3 Beds | $995 - $1,375

The Reserve at Southgate

The Reserve at Southgate

13750 Village Green Blvd,
Southgate, MI 48195

1-3 Beds | $1,170 - $1,500

Brookwood Estates of Taylor

Brookwood Estates of Taylor

24541 Brookwood Ln,
Taylor, MI 48180

2 Beds | $2,600

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Frequently Asked Questions

What is the average rent in Taylor?

The average rent in Taylor is $1,020 per month, which is 38.6% lower than the national average of $1,662.

What is the average rent for a house in Taylor?

The average rent for a house in Taylor, MI is $1,563 per month.

Are rents going up or down in Taylor?

Rents in Taylor, MI are increasing, with prices up 3.2% year-over-year and $33 more per month.

What rent range is most common in Taylor?

In Taylor, MI, 70% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Michigan Taylor 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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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity