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Rental Market Trends in Three Oaks, MI

What is the average rent in Three Oaks, MI?

$876/month

Average Rent

801 Sq Ft

Average Apartment Size

+14.4%

Increase in the Last Year

As of August 2025, the average rent in Three Oaks, MI is $876 per month. This is 46% lower than the national average rent of $1,637/month, making renting in Three Oaks more affordable than most cities in the US. When you rent an apartment in Three Oaks, you can expect to pay about per month for a studio, $876 for a one-bedroom apartment, and around $1,171 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,660 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$876/month
801 Sq Ft
Two Bedroom
$1,171/month
934 Sq Ft
Three Bedroom
$1,660/month
1,100 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 Three Oaks, MI?

In the past year, rent has increased by 14.4%, which averages out to $127 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 August 2025
Legend
2024 2025
Market Trends Over Time

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

Because the average rent in Three Oaks is $876, you’ll want to make about $2,920 per month or $35,040 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

Three Oaks, MI

4 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Three Oaks, 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

  • Michigan City Average Rent
  • La Porte Average Rent

Apartment communities in Three Oaks we think you'll love

Hidden Harbor Villas

Hidden Harbor Villas

305 Locust St W,
Three Oaks, MI 49128

3 Beds | $1,487 - $1,887

305 W Locust St

305 W Locust St

305 W Locust St,
Three Oaks, MI 49128

3 Beds | $1,587

Coolspring Estates Apartments

Coolspring Estates Apartments

3208 Dody Ave,
Michigan City, IN 46360

1-2 Beds | $925 - $1,075

Normandy Village Apartments

Normandy Village Apartments

2329 Normandy Dr,
Michigan City, IN 46360

Studio - 2 Beds | $816 - $1,474

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United States Michigan Three Oaks 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity