What is the cheapest city to rent in Michigan?

Saginaw, MI is the cheapest city to rent in Michigan with a 2-bedroom apartment averaging $1,020/month in 2026.

How much can I save renting in Michigan's cheapest cities?

By choosing Michigan's cheapest city over the state average, you could save $383/month or $4,596/year on rent.

What income do I need to rent in Michigan's cheapest cities?

To afford the cheapest 2BR in Michigan at $1,020/month, you need approximately $40,800/year based on the 30% of income guideline.

Cheapest Cities to Rent in Michigan (2026)

Discover the most affordable cities for renters in Michigan. These 4 cities offer the lowest rent prices in the state, perfect for budget-conscious renters.

$1,020

Cheapest 2BR

$1,403

State Average 2BR

$383

Monthly Savings

$4,596

Yearly Savings

Top 4 Cheapest Cities in Michigan

Ranked by 2-bedroom rent price (lowest first)

Rank	City	Studio	1 Bed	2 Bed	3 Bed	Income Needed
#1	Saginaw, MI	$723	$850	$1,020	$1,318	$40,800/yr
#2	Grand Rapids, MI	$978	$1,150	$1,380	$1,783	$55,200/yr
#3	Detroit, MI	$1,009	$1,122	$1,411	$1,724	$56,440/yr
#4	Ann Arbor, MI	$1,275	$1,500	$1,800	$2,325	$72,000/yr

Why These Michigan Cities Are Affordable

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.

Below-average housing costs: These cities have housing indices lower than the state average of 78
Lower demand: Smaller populations and less competitive markets keep prices reasonable
Diverse housing stock: Mix of older and newer buildings provides options at various price points
Regional economies: Local job markets support working populations without coastal-city premiums

Income Requirements

Using the standard 30% of income guideline, here's what you need to earn to afford rent in Michigan's cheapest cities:

#1: Saginaw

2BR: $1,020/mo requires $40,800/year

#2: Grand Rapids

2BR: $1,380/mo requires $55,200/year

#3: Detroit

2BR: $1,411/mo requires $56,440/year

How Michigan's Cheapest Cities Compare

vs State Average

-$383/mo

cheaper than Michigan average

vs National Average

-$380/mo

cheaper than US average

Cost of Living Index

Below national average (100)

What to Consider Before Moving

Best For

✓Auto industry professionals
✓Healthcare workers
✓Young professionals seeking value
✓Outdoor enthusiasts

Considerations

•Cold winters
•Some areas have economic challenges
•Car-dependent