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Rental Market Trends in Ypsilanti, MI

What is the average rent in Ypsilanti, MI?

$1,139/month

Average Rent

681 Sq Ft

Average Apartment Size

+2.4%

Increase in the Last Year

Ypsilanti, MI Rental Market Overview

The average rent in Ypsilanti, MI is $1,139 per month. This is 31% lower than the national average rent of $1,644/month, making renting in Ypsilanti more affordable than most cities in the US.

  • Studio apartments in Ypsilanti average $948 per month.
  • One-bedroom apartments in Ypsilanti average $1,139 per month.
  • Two-bedroom apartments in Ypsilanti average $1,370 per month.
  • Three-bedroom apartments in Ypsilanti average $1,719 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$948/month
517 Sq Ft
One Bedroom
$1,139/month
681 Sq Ft
Two Bedroom
$1,370/month
927 Sq Ft
Three Bedroom
$1,719/month
1,206 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,122/month
1,530 Sq Ft
Four Bedroom
$3,192/month
1,998 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,769/month
692 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 2.4%, which averages out to $28 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Ypsilanti, MI
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Ypsilanti, MI
Percentage*
Rent Range
6% Below $700/month
28% $700 - $1,000/month
52% $1,001 - $1,500/month
9% $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, Gault Village, Ford Lake and Downtown Ypsilanti are the most affordable neighborhoods in Ypsilanti.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Gault Village
$1,070/month
587 Sq Ft
Ford Lake
$1,118/month
706 Sq Ft
Downtown Ypsilanti
$1,122/month
694 Sq Ft
Depot Town
$1,138/month
743 Sq Ft

What are the most expensive neighborhoods in Ypsilanti?

Based on current rent prices, Depot Town, Downtown Ypsilanti and Ford Lake are the most expensive neighborhoods in Ypsilanti.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Depot Town
$1,138/month
743 Sq Ft
Downtown Ypsilanti
$1,122/month
694 Sq Ft
Ford Lake
$1,118/month
706 Sq Ft
Gault Village
$1,070/month
587 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 Gault Village .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ford Lake
$1,118/month
706 Sq Ft
Downtown Ypsilanti
$1,122/month
694 Sq Ft
Gault Village
$1,070/month
587 Sq Ft
Depot Town
$1,138/month
743 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 $1,139, you’ll want to make about $3,796 per month or $45,552 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

564 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

Gault Village

Ypsilanti, MI

Depot Town

Ypsilanti, MI

Studio
-
$1,579/month
One Bedroom
$1,071/month
$1,296/month
Two Bedroom
$1,258/month
$1,794/month
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Ann Arbor Average Rent
  • Belleville Average Rent
  • Canton Township 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

$1,461 - $2,657

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 Lake Shore Apartments

The Lake Shore Apartments

2500 Lakeshore Blvd,
Ypsilanti, MI 48198

$850 - $1,560

Studio - 2 Beds

The Red Lion

The Red Lion

159-209 S Grove St,
Ypsilanti, MI 48198

$965 - $1,400

1-2 Beds

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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 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

© 2026 CoStar Group, Inc.

Equal Housing Opportunity