Average Rent in Benzie County, MI↑ Rents rising 1.0% YoY

Benzie County, MI has rental prices ranging from $799/month to $1,513/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $870/month — 38% below the national average of $1,400/month. With a median household income of $72,603/year, spending $870/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Benzie County Compares

With an average 2-bedroom rent of $1,141/month, Benzie County ranks #14 most expensive of the 80 cities tracked in Michigan — pricier than 78% of all US cities in our data.

The Benzie County Rental Market

The Benzie County, MI area has a population of about 18,177 and 12% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Benzie County, MI have risen by $11/month (1.0%) over the past year, from $1,130 to $1,141. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Benzie County, MI without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $34,800. The local median household income of $72,603 exceeds that threshold by $37,803, making Benzie County relatively accessible compared to local wages.

Economy & Jobs

Benzie County, MI has an unemployment rate of 4.1%, 0.2 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Is Benzie County, MI Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Benzie County?

Break-even analysis and mortgage estimates based on local market data.

Living in Benzie County

Cost of living, job market, crime rates, and moving cost estimates.