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Rental Market Trends in Watervliet, MI

What is the average rent in Watervliet, MI?

$546/month

Average Rent

565 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of November 2025, the average rent in Watervliet, MI is $546 per month. This is 67% lower than the national average rent of $1,631/month, making renting in Watervliet more affordable than most cities in the US. When you rent an apartment in Watervliet, you can expect to pay about $479 per month for a studio, $546 for a one-bedroom apartment, and around $631 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$479/month
375 Sq Ft
One Bedroom
$546/month
565 Sq Ft
Two Bedroom
$631/month
790 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 Watervliet, MI?

In the past year, rent has increased by 1.1%, which averages out to $7 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 November 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Watervliet, MI
Last Updated November 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Watervliet, MI
Percentage*
Rent Range
100% Below $700/month
0% $700 - $1,000/month
0% $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 Watervliet, MI?

Because the average rent in Watervliet is $546, you’ll want to make about $1,820 per month or $21,840 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

Watervliet, MI

2 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Watervliet, 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

  • Benton Harbor Average Rent

Apartment communities in Watervliet we think you'll love

4089 Medical Park Dr

4089 Medical Park Dr

4089 Medical Park Dr,
Watervliet, MI 49098

$709

1 Bed

8770 Cobblestone Rd

8770 Cobblestone Rd

8770 Cobblestone Rd,
Watervliet, MI 49098

$731

2 Beds

Briarwood Apartments

Briarwood Apartments

1903 Union St,
Benton Harbor, MI 49022

$876 - $1,305

1-2 Beds

Lawrence Downs

Lawrence Downs

593 S Paw Paw St,
Lawrence, MI 49064

$925 - $997

1-2 Beds

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United States Michigan Watervliet 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity