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Rental Market Trends in Ypsilanti, MI

What is the average rent in Ypsilanti, MI?

$1,114/month

Average Rent

682 Sq Ft

Average Apartment Size

+4.1%

Increase in the Last Year

As of July 2025, the average rent in Ypsilanti, MI is $1,114 per month. This is 32% lower than the national average rent of $1,637/month, making renting in Ypsilanti more affordable than most cities in the US. When you rent an apartment in Ypsilanti, you can expect to pay about $932 per month for a studio, $1,114 for a one-bedroom apartment, and around $1,330 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,631 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$932/month
524 Sq Ft
One Bedroom
$1,114/month
682 Sq Ft
Two Bedroom
$1,330/month
929 Sq Ft
Three Bedroom
$1,631/month
1,167 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$709/month
0 Sq Ft
Three Bedroom
$2,000/month
1,243 Sq Ft
Four Bedroom
$2,902/month
2,128 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 Ypsilanti, MI?

In the past year, rent has increased by 4.1%, which averages out to $46 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 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Ypsilanti, MI
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Ypsilanti, MI
Percentage*
Rent Range
6% Below $700/month
31% $700 - $1,000/month
47% $1,001 - $1,500/month
12% $1,501 - $2,000/month
4% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Ypsilanti?

Based on current rent prices, Downtown Ypsilanti, Ford Lake and Arborwoods are the most affordable neighborhoods in Ypsilanti.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Ypsilanti
$1,120/month
856 Sq Ft
Ford Lake
$1,121/month
900 Sq Ft
Arborwoods
$1,284/month
632 Sq Ft
Wellesley Gardens Condominiums
$1,468/month
709 Sq Ft

What are the most expensive neighborhoods in Ypsilanti?

Based on current rent prices, Wellesley Gardens Condominiums, Arborwoods and Ford Lake are the most expensive neighborhoods in Ypsilanti.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Wellesley Gardens Condominiums
$1,468/month
709 Sq Ft
Arborwoods
$1,284/month
632 Sq Ft
Ford Lake
$1,121/month
900 Sq Ft
Downtown Ypsilanti
$1,120/month
856 Sq Ft

Which Ypsilanti neighborhoods have the most rentals available?

The neighborhoods in Ypsilanti with the most apartments available are Ford Lake, Downtown Ypsilanti and Arborwoods .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ford Lake
$1,121/month
900 Sq Ft
Downtown Ypsilanti
$1,120/month
856 Sq Ft
Arborwoods
$1,284/month
632 Sq Ft
Wellesley Gardens Condominiums
$1,468/month
709 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Ypsilanti is $1,114, you’ll want to make about $3,713 per month or $44,556 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

Ypsilanti, MI

617 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Ypsilanti, 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 Ypsilanti, MI

Apartment Averages

Downtown Ypsilanti

Ypsilanti, MI

Wellesley Gardens Condominiums

Ypsilanti, MI

Studio
$878/month
-
One Bedroom
$927/month
-
Two Bedroom
$1,230/month
-
Three Bedroom
$1,441/month
-
Search
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Nearby City Rent Trends

  • Ann Arbor Average Rent
  • Belleville Average Rent

Apartment communities in Ypsilanti we think you'll love

Hamptons of Cloverlane Apartments

Hamptons of Cloverlane Apartments

4685 Hunt Club Dr,
Ypsilanti, MI 48197

1-2 Beds | $1,314 - $2,490

Ridgewood Apartments

Ridgewood Apartments

4141 Green Meadows Blvd,
Ypsilanti, MI 48197

1-2 Beds | $1,311 - $1,594

Eastern Lofts Apartment Homes

Eastern Lofts Apartment Homes

1266 Leforge Rd,
Ypsilanti, MI 48198

2 Beds | $1,265 - $1,515

Flo-Mar Terraces

Flo-Mar Terraces

2973 W Clark Rd,
Ypsilanti, MI 48197

1-2 Beds | $1,298 - $1,748

Property Management Companies in Ypsilanti, MI

MTH Management
MTH Management
  • 60

    Communities

  • 3,027

    Units

  • 35

    Cities

4 Communities in Ypsilanti
McKinley
McKinley
  • 27

    Communities

  • 8,654

    Units

  • 4

    Cities

4 Communities in Ypsilanti
Princeton Management
Princeton Management
  • 117

    Communities

  • 20,270

    Units

  • 59

    Cities

2 Communities in Ypsilanti
KMG Prestige
KMG Prestige
  • 56

    Communities

  • 5,811

    Units

  • 36

    Cities

2 Communities in Ypsilanti
Hayman Company
Hayman Company
  • 27

    Communities

  • 7,852

    Units

  • 21

    Cities

2 Communities in Ypsilanti
Beal Properties, LLC
Beal Properties, LLC
  • 12

    Communities

  • 799

    Units

  • 7

    Cities

2 Communities in Ypsilanti
Redwood Living
Redwood Living
  • 74

    Communities

  • 9,487

    Units

  • 67

    Cities

1 Community in Ypsilanti
5 West Group
5 West Group
  • 58

    Communities

  • 6,590

    Units

  • 30

    Cities

1 Community in Ypsilanti

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United States Michigan Ypsilanti 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