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Rental Market Trends in Ypsilanti, MI

What is the average rent in Ypsilanti, MI?

$1,107/month

Average Rent

682 Sq Ft

Average Apartment Size

-0.4%

Decrease in the Last Year

As of March 2026, the average rent in Ypsilanti, MI is $1,107 per month. This is 32% lower than the national average rent of $1,626/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 $925 per month for a studio, $1,107 for a one-bedroom apartment, and around $1,314 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,686 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$925/month
517 Sq Ft
One Bedroom
$1,107/month
682 Sq Ft
Two Bedroom
$1,314/month
930 Sq Ft
Three Bedroom
$1,686/month
1,177 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,187/month
1,117 Sq Ft
Four Bedroom
$2,804/month
1,939 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,169/month
1,241 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 decreased by 0.4%, which averages out to $4 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Ypsilanti, MI
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Ypsilanti, MI
Percentage*
Rent Range
6% Below $700/month
33% $700 - $1,000/month
49% $1,001 - $1,500/month
7% $1,501 - $2,000/month
5% 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, Depot Town, Downtown Ypsilanti and Ford Lake are the most affordable neighborhoods in Ypsilanti.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Depot Town
$1,077/month
1,175 Sq Ft
Downtown Ypsilanti
$1,118/month
808 Sq Ft
Ford Lake
$1,130/month
699 Sq Ft
Fairway Hills
$1,237/month
660 Sq Ft
Wellesley Gardens Condominiums
$1,383/month
693 Sq Ft
Arborwoods
$1,390/month
618 Sq Ft
Arbor Ridge Condominiums
$1,671/month
732 Sq Ft

What are the most expensive neighborhoods in Ypsilanti?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Arbor Ridge Condominiums
$1,671/month
732 Sq Ft
Arborwoods
$1,390/month
618 Sq Ft
Wellesley Gardens Condominiums
$1,383/month
693 Sq Ft
Fairway Hills
$1,237/month
660 Sq Ft
Ford Lake
$1,130/month
699 Sq Ft
Downtown Ypsilanti
$1,118/month
808 Sq Ft
Depot Town
$1,077/month
1,175 Sq Ft

Which Ypsilanti neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Ypsilanti
$1,118/month
808 Sq Ft
Ford Lake
$1,130/month
699 Sq Ft
Arborwoods
$1,390/month
618 Sq Ft
Arbor Ridge Condominiums
$1,671/month
732 Sq Ft
Fairway Hills
$1,237/month
660 Sq Ft
Depot Town
$1,077/month
1,175 Sq Ft
Wellesley Gardens Condominiums
$1,383/month
693 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 $1,107, you’ll want to make about $3,690 per month or $44,280 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

534 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

Depot Town

Ypsilanti, MI

Arbor Ridge Condominiums

Ypsilanti, MI

Studio
$1,565/month
-
One Bedroom
$1,289/month
-
Two Bedroom
$1,800/month
-
Three Bedroom
-
-
Search
Search

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

$1,491 - $2,356

1-2 Beds

Oakridge Apartments

Oakridge Apartments

1260-1326 Holmes Rd,
Ypsilanti, MI 48198

$1,399 - $1,499 Total Monthly Price

2-3 Beds | 12 Month Lease

The Pines of Cloverlane Apartments

The Pines of Cloverlane Apartments

4907 Cloverlane St,
Ypsilanti, MI 48197

$1,099 - $1,664

1-2 Beds

Flo-Mar Terraces

Flo-Mar Terraces

2973 W Clark Rd,
Ypsilanti, MI 48197

$1,324 - $1,774

1-2 Beds

Property Management Companies in Ypsilanti, MI

MTH Management
MTH Management
  • 70

    Communities

  • 3,216

    Units

  • 40

    Cities

5 Communities in Ypsilanti
Princeton Management
Princeton Management
  • 125

    Communities

  • 21,158

    Units

  • 62

    Cities

3 Communities in Ypsilanti
The Benchmark Group
The Benchmark Group
  • 12

    Communities

  • 2,485

    Units

  • 9

    Cities

3 Communities in Ypsilanti
KMG Prestige
KMG Prestige
  • 72

    Communities

  • 7,593

    Units

  • 46

    Cities

2 Communities in Ypsilanti
Hayman Company
Hayman Company
  • 29

    Communities

  • 8,986

    Units

  • 23

    Cities

2 Communities in Ypsilanti
Wilson White Company
Wilson White Company
  • 11

    Communities

  • 798

    Units

  • 3

    Cities

2 Communities in Ypsilanti
Redwood Living
Redwood Living
  • 143

    Communities

  • 18,965

    Units

  • 116

    Cities

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

    Communities

  • 6,947

    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 February 2026.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity