Rent in Michigan
The median 2-bedroom Fair Market Rent in Michigan is $1,224/mo, ranking #29 out of 51 states for highest rent. This is $26 below the national median of $1,250/mo. Michigan has a population of 10.1M. About 27.1% of households rent their homes. Fair Market Rent data covers 24 areas across the state.
Highlights
All 24 Areas in Michigan
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| Ann Arbor Pop. 368K | $1,365 | $1,387 | $1,656 | $1,986 | 22.8% | +12.6% |
| Grand Rapids-Wyoming Pop. 1.2M | $1,232 | $1,278 | $1,531 | $1,980 | 22.9% | +11.8% |
| Holland-Grand Haven Pop. 1.2M | $1,047 | $1,333 | $1,519 | $1,930 | 22.7% | +20.6% |
| Leelanau County Pop. 23K | $1,106 | $1,366 | $1,497 | $1,795 | 19.5% | - |
| Livingston County Pop. 4.4M | $1,005 | $1,264 | $1,457 | $2,026 | 23.3% | +7.3% |
| Detroit-Warren-Livonia Pop. 4.4M | $1,009 | $1,122 | $1,411 | $1,724 | 22.5% | +9.3% |
| Grand Traverse County Pop. 96K | $1,136 | $1,143 | $1,357 | $1,747 | 20.5% | - |
| Barry County Pop. 63K | $1,010 | $1,017 | $1,334 | $1,735 | 20.6% | - |
| Monroe Pop. 155K | $914 | $1,011 | $1,326 | $1,605 | 21.1% | +14% |
| Lansing-East Lansing Pop. 470K | $973 | $1,012 | $1,268 | $1,627 | 21.5% | +16.1% |
| Muskegon-Norton Shores Pop. 175K | $866 | $942 | $1,236 | $1,490 | 23.4% | - |
| Benzie County Pop. 18K | $904 | $937 | $1,224 | $1,586 | 20.2% | - |
| Ionia County Pop. 67K | $834 | $921 | $1,209 | $1,481 | 19.8% | +9.1% |
| Montcalm County Pop. 67K | $829 | $1,016 | $1,203 | $1,473 | 22.2% | +20.8% |
| Midland Pop. 84K | $907 | $925 | $1,193 | $1,518 | 18.5% | +11.1% |
| Niles Pop. 153K | $816 | $902 | $1,184 | $1,556 | 22.5% | - |
| Battle Creek Pop. 134K | $833 | $976 | $1,176 | $1,410 | 23.4% | +13.3% |
| Jackson Pop. 160K | $838 | $946 | $1,165 | $1,534 | 21.5% | +8.5% |
| Kalamazoo-Portage Pop. 261K | $838 | $998 | $1,162 | $1,531 | 19.8% | +9.9% |
| Saginaw Pop. 189K | $770 | $851 | $1,117 | $1,440 | 23% | +11.3% |
| Flint Pop. 404K | $731 | $856 | $1,033 | $1,272 | 20.4% | -2.6% |
| Bay City Pop. 103K | $809 | $814 | $1,030 | $1,399 | 20.4% | +9.9% |
| Cass County Pop. 52K | $775 | $906 | $993 | $1,272 | 17.5% | +9.7% |
| Kalkaska County Pop. 18K | $719 | $766 | $973 | $1,286 | 19.3% | - |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across Michigan is $1,224 per month. Rents range from $973/mo in Kalkaska County to $1,656/mo in Ann Arbor. The actual median gross rent statewide is $1,084/mo according to Census data.
Michigan ranks #29 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $1,224/mo is $26 below the national median of $1,250/mo.
The average rent burden across Michigan is 21.2%, meaning a typical household would spend 21.2% of income on a 2-bedroom at Fair Market Rent. No areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $71,149.
The most affordable area in Michigan is Kalkaska County with a 2-bedroom Fair Market Rent of $973/mo. The median household income there is $60,365.
The most expensive area in Michigan is Ann Arbor with a 2-bedroom Fair Market Rent of $1,656/mo. The median household income there is $87,156.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.