Homes & Apartments for Rent in Olivet, MI

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What to Know About

Life in Olivet & Beyond

Olivet shares many of the great qualities that make Michigan a desirable place to live.

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

Olivet, MI

As of April 2025, Olivet's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Olivet's average rent is 36.0% ($492) lower than the Michigan average of $1,367 and 51.4% ($924) lower than the U.S. average of $1,799.

Average Rent
$875
Monthly ChangeMonth Over Month Change
Decreased1% ($9)
Yearly ChangeYear Over Year Change
Increased11.5% ($90)
Avg. Days on MarketAverage Days on Market
40
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $827 Increased0.2% ($2) Increased11.5% ($85)
2 Beds $925 Increased0.5% ($5) Increased11.3% ($94)
3 Beds $1,227 Increased0.5% ($6) Increased11.2% ($124)
Nearby Cities Average Rent Avg. Rent vs. OlivetAverage Rent vs. Olivet Avg. Days on MarketAverage Days on Market
Eaton Rapids $1,425 Increased62.9% ($550) 41 days
Battle Creek $1,025 Increased17.1% ($150) 40 days
Holt $871 Decreased0.5% ($4) 41 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Olivet Rental Market FAQs

Explore rental prices, market trends, and availability in Olivet, MI.

The average rent in Olivet, MI is $875 per month.
Homes in Olivet typically rent for between $600 and $1,595 per month, with an average of $875 per month.
In Olivet, the average rent for a 1-bedroom home is $827 per month, for a 2-bedroom home, $925 per month, and a 3-bedroom home is $1,227 per month.
The average rent in Olivet is 51.4% ($924) lower than the national average of $1,799 per month.
The average rent in Olivet has decreased by 1.0% ($9) in the last month and increased by 11.5% ($90) over the past year.
The rental market in Olivet, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Olivet, MI, the average rental stays on the market for approximately 40 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 3 rental properties available in Olivet, MI.
Based on the current averages, a household would need an annual income of $37,000 to comfortably afford a 2-bedroom home in Olivet.
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