Average Rent Prices in Michigan (MI)
$1,3201
Average
$9281
Studio
$1,0291
1BR
$1,2611
2BR
$1,6001
3BR
$1,7811
4BR
🪄 RentalRealEstate Quick Answer
Michigan’s average fair market rent is $1,320/month, ranking 20th among US states lowest rent prices and 14.94% below the $1,551 national average. This page covers Michigan’s statewide rent averages by bedroom count, metro-area rent comparisons, and rent context versus neighboring states and national benchmarks.
As of 2026, the overall average fair market rent for a residential rental property in Michigan is $1,320. Average rent prices in Michigan sit below the national average rent of $1,551, in which Michigan ranks as the as the 20th lowest rent among all 50 states and the 31st highest rent among all 50 states within the United States. In Michigan’s large metropolitan areas such as Grand Rapids, MI, the average rent prices tend to be higher, while alternative areas such as Ann Arbor, MI, can provide more affordable options.
Michigan (MI) National Rent Rankings
20th
Lowest Rent Among 50 States
31st
Highest Rent Among 50 States
Below
The National Rent Average
$232
Per Month Below National Rent Average
14.94%
Per Month Below National Rent Average
Average Rent Prices in Michigan (MI) Visual Chart
Studio
A one-room unit with a private bathroom.
1BR
A unit that has a separate bathroom and a separate bedroom.
2BR
A unit that has two separate and distinct bedrooms.
3BR
A unit that has 3 separate and distinct bedrooms.
4BR
A unit that has 4 separate and distinct bedrooms.
Fair Market Rent
Gross rent estimate for a standard rental unit in a given market.
Average Rent Prices in Michigan (MI) by Metro Area
| wdt_ID | Metro | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|---|
| 1 | Ann Arbor, MI MSA | 1365 | 1387 | 1656 | 1986 | 2193 |
| 2 | Barry County, MI HUD Metro FMR Area | 1010 | 1017 | 1334 | 1735 | 2013 |
| 3 | Battle Creek, MI MSA | 833 | 976 | 1176 | 1410 | 1565 |
| 4 | Bay City, MI MSA | 809 | 814 | 1030 | 1399 | 1518 |
| 5 | Benzie County, MI HUD Metro FMR Area | 904 | 937 | 1224 | 1586 | 1720 |
| 6 | Cass County, MI HUD Metro FMR Area | 775 | 906 | 993 | 1272 | 1666 |
| 7 | Detroit-Warren-Livonia, MI HUD Metro FMR Area | 1009 | 1122 | 1411 | 1724 | 1868 |
| 8 | Flint, MI MSA | 731 | 856 | 1033 | 1272 | 1497 |
| 9 | Grand Rapids-Wyoming, MI HUD Metro FMR Area | 1232 | 1278 | 1531 | 1980 | 2189 |
| 10 | Grand Traverse County, MI HUD Metro FMR Area | 1136 | 1143 | 1357 | 1747 | 1797 |
| 11 | Holland-Grand Haven, MI HUD Metro FMR Area | 1047 | 1333 | 1519 | 1930 | 2256 |
| 12 | Ionia County, MI HUD Metro FMR Area | 834 | 921 | 1209 | 1481 | 1931 |
| 13 | Jackson, MI MSA | 838 | 946 | 1165 | 1534 | 1626 |
| 14 | Kalamazoo-Portage, MI MSA | 838 | 998 | 1162 | 1531 | 1571 |
| 15 | Kalkaska County, MI HUD Metro FMR Area | 719 | 766 | 973 | 1286 | 1291 |
| 16 | Lansing-East Lansing, MI MSA | 973 | 1012 | 1268 | 1627 | 1679 |
| 17 | Leelanau County, MI HUD Metro FMR Area | 1106 | 1366 | 1497 | 1795 | 1982 |
| 18 | Livingston County, MI HUD Metro FMR Area | 1005 | 1264 | 1457 | 2026 | 2285 |
| 19 | Midland, MI MSA | 907 | 925 | 1193 | 1518 | 1682 |
| 20 | Monroe, MI MSA | 914 | 1011 | 1326 | 1605 | 2147 |
| 21 | Montcalm County, MI HUD Metro FMR Area | 829 | 1016 | 1203 | 1473 | 1593 |
| 22 | Muskegon-Norton Shores, MI MSA | 866 | 942 | 1236 | 1490 | 1636 |
| 23 | Niles, MI MSA | 816 | 902 | 1184 | 1556 | 1568 |
| 24 | Saginaw, MI MSA | 770 | 851 | 1117 | 1440 | 1479 |
| Metro | Studio | 1BR | 2BR | 3BR | 4BR |
Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2025.
Year-Over-Year Changes in Michigan (MI) Rent Prices
7.23%
or
$89
Year-Over-Year Increase
$1,2311
2025 Average Historical Rent Price
$1,3201
2026 Average Current Rent Price
$1,4151
2027 Projected Average Rent Price
Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2025, 2026, and estimated 2027 projection.
Michigan (MI) Rental Real Estate Resources
Michigan Rental Property Management
Michigan rental property management focuses on handling tenant relations, property maintenance, and legal compliance to help property owners maximize their investment returns.
Michigan Rental Property Insurance
Michigan landlord insurance provides real estate investors with essential protection against financial losses caused by property damage, liability claims, loss of rental income, and other risks.
Michigan Rental Property Loans
Michigan rental property loans provide investors with financing options to buy, refinance, or renovate properties in a state known for its diverse cities and revitalizing real estate markets.
Michigan Rental Agreements
Residential rental agreement templates in Michigan provide a standardized way to outline the terms of a rental arrangement, including rent, lease duration, and landlord/tenant responsibilities.
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Michigan (MI) Rent Price Calculators
Need help with rent-related math? Use our rental property calculators to handle everything from price adjustments to fee calculations in just a few clicks.
Average Rent Prices in Other US States 2026
Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:
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1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.
Methodology
Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.
Data
Rent prices are based on aggregated data from one and/or several sources noted below:
Disclaimer
The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.