Michigan renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Michigan is about $1,107 per month. This puts it in the 37th percentile compared to the nation average cost of rent, which is $1,385. Households in Michigan have a median income of $5,427 per month so the average renter in Michigan is spending roughly 20% of their earnings on housing.
Nationally, and in Michigan, home values are the data point most closely correlated with the cost of rent. The median price of a home in Michigan is $219,189 right now, which is lower than states nearby, meaning that rents in Michigan also tend to be lower versus these nearby states.
Higher rent prices are common in the eastern parts of Michigan while lower rent rates are often available in northeastern areas.
Nearby States
- Ohio: less expensive rent prices
- Indiana: less expensive rent prices
- Wisconsin: less expensive rent prices
- Illinois: more expensive rent prices
- West Virginia: less expensive rent prices
- Kentucky: less expensive rent prices
- Pennsylvania: more expensive rent prices
- Iowa: less expensive rent prices
- Minnesota: more expensive rent prices
- New York: more expensive rent prices
States with Similar Populations
- North Carolina: more expensive rent prices
- Georgia: more expensive rent prices
- New Jersey: more expensive rent prices
- Ohio: less expensive rent prices
- Virginia: more expensive rent prices
- Pennsylvania: more expensive rent prices
- Washington: more expensive rent prices
- Illinois: more expensive rent prices
- Arizona: more expensive rent prices
- Massachusetts: more expensive rent prices
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood