What is the average apartment size in Michigan?

The average size for a Michigan, IN apartment is 764 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Michigan?

As of Jan / 2026, the average rent in Michigan is $984 per month, a N/A from last years average of .

How much does rent cost by apartment size in Michigan?

In Michigan, studios rent for $831 per month, one-bedroom units average $880 per month, two-bedrooms cost around $1,080 per month, and three-bedroom apartments rent for about $1,577 per month

What is the average apartment size in Michigan?

The typical apartment in Michigan offers about 764 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Michigan?

Studio apartments in Michigan average 439 sq. ft., one-bedrooms offer 625 sq. ft., two-bedrooms are about 907 sq. ft., and three-bedroom apartments average 1,422 sq. ft.

Michigan, IN Rental Market Trends

Q: What's the typical rent budget in Michigan?

The typical rent budget in Michigan ranges from to per month, with 60% of rentals in this range.

Q: Do most people rent or own in Michigan?

In Michigan, 32% of households rent while 68% own their homes, based on the latest U.S. Census data.

Last updated: February 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Michigan is $984, a N/A compared to the previous year, when the average rent was .

Studio Apartments at $831 offer the most budget-friendly option with 439 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 625 square feet for $880, balancing privacy and affordability.

Two-beedroom units at $1,080 offer 907 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,422 sq ft) for $1,577, suitable for larger households.

Average rent in Michigan, IN

Last updated: February 23, 2026

	Average Rent	Average Apartment Size
All Rentals	$984	764 sq. ft.
Studio	$831	439 sq. ft.
1 Bed	$880	625 sq. ft.
2 Beds	$1,080	907 sq. ft.
3 Beds	$1,577	1,422 sq. ft.

Michigan, IN rent trends

What's the typical rent budget in Michigan, IN?

The largest share of rentals in Michigan, IN (60%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Michigan, IN?

1,585 or 32% of the households in Michigan, IN are renter-occupied while 3,421 or 68% are owner-occupied.

How Michigan Compares to Other Cities

City	Average Rent
Michigan	$984
Indianapolis	$1,252
Jeffersonville	$1,240
Greenwood	$1,369
New Albany	$1,121
Bloomington	$1,631
Noblesville	$1,545
Carmel	$1,658
Fishers	$1,646
Fort Wayne	$1,143
Lafayette	$1,198
South Bend	$1,388
Hammond	$1,237
Merrillville	$1,370
Hobart, IN	$1,346
Crown Point, IN	$1,664
Valparaiso, IN	$1,395
Calumet City, IL	$1,141
Gary, IN	$994
La Porte, IN	$1,273
Michigan City, IN	$984

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Michigan apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.