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Rental Market Trends in Three Oaks, MI

Updated September 2026

The average rent in Three Oaks, MI is $951/month.

Rent in Three Oaks is 43% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$951/month

Average Rent

801 Sq Ft

Average Size

+6.5%

Change / Year

6

Available Apartments

Three Oaks rent varies by unit size and layout:

  • Studio apartments in Three Oaks average per month.
  • One-bedroom apartments in Three Oaks average $951 per month.
  • Two-bedroom apartments in Three Oaks average $1,223 per month.
  • Three-bedroom apartments in Three Oaks average $1,789 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$951/month
801 Sq Ft
Two Bedroom
$1,223/month
938 Sq Ft
Three Bedroom
$1,789/month
1,067 Sq Ft
View Three Oaks Apartments

How much has average rent changed in Three Oaks, MI?

In the past year, rent has increased by 6.5%, which averages out to $63 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Three Oaks, MI

September 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Three Oaks, MI
Percentage*
Rent Range
50% Below $700/month
0% $700 - $1,000/month
50% $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 Three Oaks, MI?

Because the average rent in Three Oaks is $951, you’ll want to make about $3,170 per month or $38,040 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

6 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

Compare Rent Trends Nearby

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

  • New Carlisle

    New Carlisle

    Avg Rent: $1,179/month

  • Buchanan

    Buchanan

    Avg Rent: $832/month

  • Michigan City

    Michigan City

    Avg Rent: $1,060/month

Apartment Communities in Three Oaks We Think You'll Love

Hidden Harbor Villas

Hidden Harbor Villas

305 Locust St W,
Three Oaks, MI 49128

2-3 Beds | $1,267 - $1,628

305 W Locust St

305 W Locust St

305 W Locust St,
Three Oaks, MI 49128

3 Beds | $1,587

305 W Locust St

305 W Locust St

305 W Locust St,
Three Oaks, MI 49128

2 Beds | $1,267

305 W Locust St

305 W Locust St

305 W Locust St,
Three Oaks, MI 49128

3 Beds | $1,587

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Frequently Asked Questions

What is the average rent in Three Oaks?

The average rent in Three Oaks is $951 per month, which is 42.9% lower than the national average of $1,665.

Are rents going up or down in Three Oaks?

Rents in Three Oaks, MI are increasing, with prices up 6.5% year-over-year and $63 more per month.

What rent range is most common in Three Oaks?

In Three Oaks, MI, 50% of apartments fall below $700/month, though prices may vary depending on location and other factors.

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 September 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