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Rental Market Trends in Taylor, MI

What is the average rent in Taylor, MI?

$967/month

Average Rent

803 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

As of April 2026, the average rent in Taylor, MI is $967 per month. This is 41% lower than the national average rent of $1,641/month, making renting in Taylor more affordable than most cities in the US. When you rent an apartment in Taylor, you can expect to pay about $636 per month for a studio, $967 for a one-bedroom apartment, and around $1,138 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,386 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$636/month
567 Sq Ft
One Bedroom
$967/month
803 Sq Ft
Two Bedroom
$1,138/month
984 Sq Ft
Three Bedroom
$1,386/month
1,226 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,474/month
719 Sq Ft
Three Bedroom
$1,642/month
992 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 Taylor, MI?

In the past year, rent has increased by 0.1%, which averages out to $1 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 Taylor, MI
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Taylor, MI
Percentage*
Rent Range
4% Below $700/month
22% $700 - $1,000/month
70% $1,001 - $1,500/month
4% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • 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
$1,087/month
705 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
$1,087/month
705 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
$1,087/month
705 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 $967, you’ll want to make about $3,223 per month or $38,676 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

497 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.

Explore the Area Guide for Taylor, MI

Apartment Averages

Downriver

Taylor, MI

Downriver

Taylor, MI

Studio
$1,796/month
$1,796/month
One Bedroom
$2,191/month
$2,191/month
Two Bedroom
$2,612/month
$2,612/month
Three Bedroom
$3,359/month
$3,359/month
Search
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Nearby City Rent Trends

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Apartment communities in Taylor we think you'll love

Westminster Park Apartments

Westminster Park Apartments

23710 Crisler St,
Taylor, MI 48180

$925 - $1,295

1-3 Beds

Village on the Park

Village on the Park

13210 Village Park Dr,
Southgate, MI 48195

$915 - $1,125

Studio - 2 Beds

The Reserve at Southgate

The Reserve at Southgate

13750 Village Green Blvd,
Southgate, MI 48195

$975 - $1,565

1-3 Beds

Fountain Park North - Southgate, MI

Fountain Park North - Southgate, MI

11501 Dorchester St,
Southgate, MI 48195

$960 - $1,120

1-2 Beds

Property Management Companies in Taylor, MI

Princeton Management
Princeton Management
  • 125

    Communities

  • 21,159

    Units

  • 62

    Cities

4 Communities in Taylor
Redwood Living
Redwood Living
  • 144

    Communities

  • 19,026

    Units

  • 116

    Cities

2 Communities in Taylor
Harvest Investments LLC
Harvest Investments LLC
  • 32

    Communities

  • 5,882

    Units

  • 27

    Cities

2 Communities in Taylor
Beacon Property Management
Beacon Property Management
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    Units

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2 Communities in Taylor

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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 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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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity