Apartments & Condos for Rent in Michigan

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What to Know About

Living in Michigan

Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Michigan

As of April 2025, Michigan's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Michigan's average rent is 24.0% ($432) lower than the U.S. average of $1,799.

Average Rent
$1,367
Monthly ChangeMonth Over Month Change
Decreased0.7% ($9)
Yearly ChangeYear Over Year Change
Increased3.4% ($45)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,109 Decreased0.5% ($6) Decreased2.1% ($24)
2 Beds $1,467 Increased0.6% ($9) Increased6.1% ($84)
3 Beds $1,878 Increased0.6% ($11) Increased14.7% ($240)
Top Markets in Michigan Average Rent Avg. Rent vs. MIAverage Rent vs. Michigan Avg. Days on MarketAverage Days on Market
Detroit $1,304 Decreased4.6% ($63) 39 days
Ann Arbor $2,035 Increased48.9% ($668) 36 days
Grand Rapids $1,723 Increased26% ($356) 36 days
Kalamazoo $1,700 Increased24.4% ($333) 40 days
Ypsilanti $1,220 Decreased10.8% ($147) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Michigan Rental Market FAQs

Explore rental prices, market trends, and availability in Michigan.

The average rent in Michigan is $1,367 per month.
Apartments in Michigan typically rent for between $776 and $2,441 per month, with an average of $1,367 per month.
In Michigan, the average rent for a 1-bedroom apartment is $1,109 per month, for a 2-bedroom apartment, $1,467 per month, and a 3-bedroom apartment is $1,878 per month.
The average rent in Michigan is 24% ($432) lower than the national average of $1,799 per month.
The average rent in Michigan has decreased by 0.7% ($9) in the last month and increased by 3.4% ($45) over the past year.
The rental market in Michigan, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Michigan, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $58,680 to comfortably afford a 2-bedroom apartment in Michigan.
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