Average Rent in Michigan: $1,384/mo (2026)
Michigan offers diverse rental options from the vibrant urban core of Detroit to college towns like Ann Arbor and scenic areas along the Great Lakes. The state's automotive heritage continues to drive economic activity alongside growing tech and healthcare sectors.
Major Cities in Michigan
Sorted by 2-bedroom rent price (highest to lowest)
Other Cities in Michigan
Estimated average 2-bedroom rent prices for additional Michigan cities:
Explore Michigan Rent Data
Browse detailed rent prices for cities across Michigan. Each city page includes neighborhood breakdowns, rent trends, and local market insights.
Michigan Rental Market Overview
Michigan offers diverse rental options from the vibrant urban core of Detroit to college towns like Ann Arbor and scenic areas along the Great Lakes. The state's automotive heritage continues to drive economic activity alongside growing tech and healthcare sectors.
Rental Market Trends in Michigan
Michigan's rental market has experienced a renaissance, particularly in Detroit where urban revitalization has transformed neighborhoods. Grand Rapids has emerged as a destination for young professionals, while Ann Arbor maintains high demand due to the University of Michigan.
Major Cities for Renters in Michigan
Detroit anchors the state's economy with revitalized downtown living and suburban options. Grand Rapids offers a thriving arts and craft brewing scene. Ann Arbor provides academic-driven housing markets, and Lansing serves as the state capital.
Michigan Rental Affordability
Michigan remains one of the more affordable Midwestern states for renters. While Ann Arbor commands premium rents, most metro areas offer excellent value compared to coastal cities.
What Affects Rent Prices in Michigan?
- Location: Proximity to employment centers and urban amenities significantly impacts rent prices across Michigan metros.
- Local Economy: Job growth and industry presence drive rental demand. Strong employment markets typically have higher rents.
- Housing Supply: Areas with new construction tend to have more rental options and potentially competitive pricing.
- Schools: Quality school districts command premium rents, especially for family-sized apartments.
- Transportation: Access to highways and public transit affects neighborhood desirability and pricing.
Frequently Asked Questions About Michigan Rent
What is the average rent in Michigan?
The average rent in Michigan is $1,384 per month for a 2-bedroom apartment based on 2026 HUD Fair Market Rent data. Prices range from $1,375 in Ann Arbor to $1,411 in Detroit.
What is the cheapest city to rent in Michigan?
Ann Arbor, MI offers the most affordable rent among major Michigan metros at $1,375/month for a 2-bedroom apartment. Studios in Ann Arbor average $825/month.
What is the most expensive city to rent in Michigan?
Detroit, MI has the highest rents in Michigan at $1,411/month for a 2-bedroom apartment. This is $27 above the state average.
How much do I need to earn to rent in Michigan?
To comfortably afford the average Michigan 2-bedroom at $1,384/month, you would need an annual income of approximately $55,360 (based on the 30% of income guideline). For the most affordable areas, you would need about $55,000/year.
Is Michigan affordable for renters?
Michigan offers moderate rental costs, with average 2-bedroom rents at $1,384/month. Some cities offer excellent value while others command premium prices.