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Rental Market Trends in Wolverine Lake, MI

What is the average rent in Wolverine Lake, MI?

$1,134/month

Average Rent

634 Sq Ft

Average Apartment Size

+9.2%

Increase in the Last Year

Wolverine Lake, MI Rental Market Overview

The average rent in Wolverine Lake, MI is $1,134 per month. This is 32% lower than the national average rent of $1,662/month, making renting in Wolverine Lake more affordable than most cities in the US.

  • Studio apartments in Wolverine Lake average per month.
  • One-bedroom apartments in Wolverine Lake average $1,134 per month.
  • Two-bedroom apartments in Wolverine Lake average $2,471 per month.
  • Three-bedroom apartments in Wolverine Lake average or more per month.

Data Updated: July 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,134/month
634 Sq Ft
Two Bedroom
$2,471/month
1,349 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 Wolverine Lake, MI?

In the past year, rent has increased by 9.2%, which averages out to $105 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 July 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Wolverine Lake, MI
Last Updated July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Wolverine Lake, MI
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
67% $1,001 - $1,500/month
0% $1,501 - $2,000/month
33% Above $2,000/month

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

Because the average rent in Wolverine Lake is $1,134, you’ll want to make about $3,780 per month or $45,360 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

Wolverine Lake, MI

23 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Wolverine Lake, 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 Wolverine Lake, MI

Apartment Averages

Compare Rent Trends Nearby

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

  • Commerce Township

    Commerce Township

  • Walled Lake

    Walled Lake

  • Wixom

    Wixom

  • Novi

    Novi

  • West Bloomfield

    West Bloomfield

  • Milford

    Milford

Apartment Communities in Wolverine Lake We Think You'll Love

The Crossing At Eagle Pond

The Crossing At Eagle Pond

300 Eagle Pond Dr,
Walled Lake, MI 48390

Studio - 2 Beds | $1,000 - $1,581

Wolverine Lake Lofts

Wolverine Lake Lofts

3065 S Commerce Rd,
Wolverine Lake, MI 48390

1 Bed | $1,350 - $1,590

Eagle Pond Townhouses

Eagle Pond Townhouses

590 Pheasant Ln,
Walled Lake, MI 48390

2-3 Beds | $1,195 - $1,465

1508 Lakeview Dr

1508 Lakeview Dr

1508 Lakeview Dr,
Wolverine Lake, MI 48390

3 Beds | $2,900

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Frequently Asked Questions

What is the average rent in Wolverine Lake?

The average rent in Wolverine Lake is $1,134 per month, which is 31.8% lower than the national average of $1,662.

Are rents going up or down in Wolverine Lake?

Rents in Wolverine Lake, MI are increasing, with prices up 9.2% year-over-year and $105 more per month.

What rent range is most common in Wolverine Lake?

In Wolverine Lake, MI, 67% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Michigan Wolverine Lake 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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Equal Housing Opportunity