Last Updated: November 2023
A Michigan residential lease agreement is a rental property document that includes the terms and conditions between a landlord and tenant in the state of Michigan. The contract outlines essential information, such as rent amount and landlord-tenant responsibilities.
Top 5 Free Michigan (MI) Residential Lease Agreement Templates
We’ve reviewed Michigan (MI) rental property lease agreements across the internet. Below is our comprehensive list of the best free Michigan (MI) residential lease agreement templates for landlords and property managers, as well as our top pick.
iPropertyManagement Michigan Residential Lease Agreement
Why We Like The iPropertyManagement Michigan Lease Agreement
The iPropertyManagement.com Michigan lease template takes a robust approach to privacy and rights safeguards all parties involved.
LegalTemplates Michigan Residential Lease Agreement
Why We Like The LegalTemplates Michigan Lease Agreement
The LegalTemplates residential template is comprehensive, clear, and concise for documenting lease agreements.
Rocket Lawyer Michigan Residential Lease Agreement
Why We Like The Rocket Lawyer Michigan Lease Agreement
The Rocket Lawyer template has an organized layout that enhances readability, making it a favorite for landlords and property managers.
FreeForms Michigan Residential Lease Agreement
Why We Like The FreeForms Michigan Lease Agreement
The FreeForms residential agreement integrates best practices for a hassle-free residential renter experience.
Michigan (MI) Rent Prices 2023
As of 2023, the overall average fair market rent for a residential rental property in Michigan is $1,089. Average rent prices in Michigan sit below the national average rent of $1,274, in which Michigan ranks as the as the 21st lowest rent among all 50 states and the 30th 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.
Residential Lease Agreements by State
Across the United States, each state possesses its own set of landlord tenant laws, which govern and shape the structure and content of residential rental agreements. Click on a State below to see the specific residential lease agreements for that state.
The #1 Rental Property Newsletter
Once a month, we send out an exclusive Rental Property Market Update with top stories, current mortgage rates, building products, and more. No spam and unsubscribe anytime.
Tools for Rental Property Agreements
Contract and Document
Online rental property document software offers customizable templates and digital management solutions for forms, contracts, and letters related to leasing and property management.
Property Management Software
Property management software helps property owners, property managers, and tenants handle all aspects of management such as rent payment, maintenance, marketing, and much more.
Document Digital Signature
Using digital signature software for rental property agreements is becoming increasingly popular among tenants and rental real estate industry professionals for its ease of use and legal upholding.
More Types of Lease Agreements
When entering into a rental arrangement, it is important to choose the right type of document for the situation, as each caters to different needs and circumstances. Below we take a look at several of the most common types of rental property contracts and agreements:
About the Author
Rental Property Law Guides
Disclaimer: The information provided on this website does not, and is not intended to, constitute legal advice. As such, all information, content, and materials available on this site are for general informational purposes only. See Our Disclaimer Page for more information.