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Rental Market Trends in Ypsilanti, MI

Updated July 2026

The average rent in Ypsilanti, MI is $1,106/month.

Rent in Ypsilanti is 33% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,106/month

Average Rent

679 Sq Ft

Average Size

+0.4%

Change / Year

501

Available Apartments

Ypsilanti rent varies by unit size and layout:

  • Studio apartments in Ypsilanti average $918 per month.
  • One-bedroom apartments in Ypsilanti average $1,106 per month.
  • Two-bedroom apartments in Ypsilanti average $1,338 per month.
  • Three-bedroom apartments in Ypsilanti average $1,717 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$918/month
522 Sq Ft
One Bedroom
$1,106/month
679 Sq Ft
Two Bedroom
$1,338/month
924 Sq Ft
Three Bedroom
$1,717/month
1,206 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,999/month
964 Sq Ft
Four Bedroom
$3,150/month
2,348 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,807/month
1,122 Sq Ft
View Ypsilanti Apartments

How much has average rent changed in Ypsilanti, MI?

In the past year, rent has increased by 0.4%, which averages out to $5 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Ypsilanti, MI

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Ypsilanti, MI
Percentage*
Rent Range
6% Below $700/month
27% $700 - $1,000/month
55% $1,001 - $1,500/month
8% $1,501 - $2,000/month
5% Above $2,000/month

Rent by Neighborhood

  • 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
$1,110/month
729 Sq Ft
Downtown Ypsilanti
$1,117/month
704 Sq Ft
Ford Lake
$1,143/month
735 Sq Ft

What are the most expensive neighborhoods in Ypsilanti?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ford Lake
$1,143/month
735 Sq Ft
Downtown Ypsilanti
$1,117/month
704 Sq Ft
Depot Town
$1,110/month
729 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 Depot Town .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ford Lake
$1,143/month
735 Sq Ft
Downtown Ypsilanti
$1,117/month
704 Sq Ft
Depot Town
$1,110/month
729 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 $1,106, you’ll want to make about $3,686 per month or $44,232 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

501 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.

View the Ypsilanti Area Guide

Apartment Averages

Depot Town

Ypsilanti, MI

Ford Lake

Ypsilanti, MI

Studio
$1,584/month
$857/month
One Bedroom
$1,300/month
$1,114/month
Two Bedroom
$1,796/month
$1,333/month
Three Bedroom
-
$1,790/month
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Ann Arbor

    Ann Arbor

  • Canton Township

    Canton Township

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 | $1,525 - $1,886

Oakridge Apartments

Oakridge Apartments

1260-1326 Holmes Rd,
Ypsilanti, MI 48198

2-3 Beds | $1,549 - $1,649

The Red Lion

The Red Lion

159-209 S Grove St,
Ypsilanti, MI 48198

1-2 Beds | $960 - $1,360

The Lake Shore Apartments

The Lake Shore Apartments

2500 Lakeshore Blvd,
Ypsilanti, MI 48198

Studio - 2 Beds | $850 - $1,560

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Frequently Asked Questions

What is the average rent in Ypsilanti?

The average rent in Ypsilanti is $1,106 per month, which is 33.5% lower than the national average of $1,663.

What is the average rent for a house in Ypsilanti?

The average rent for a house in Ypsilanti, MI is $1,999 per month.

Are rents going up or down in Ypsilanti?

Rents in Ypsilanti, MI are increasing, with prices up 0.4% year-over-year and $5 more per month.

What rent range is most common in Ypsilanti?

In Ypsilanti, MI, 55% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity