Average Rent in Emmet County, MI↓ Rents falling 2.4% YoY🔺 11th priciest in MI

Emmet County, MI has rental prices ranging from $808/month to $1,535/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $880/month — 37% below the national average of $1,400/month. With a median household income of $73,724/year, spending $880/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Emmet County Compares

With an average 2-bedroom rent of $1,154/month, Emmet County ranks #11 most expensive of the 80 cities tracked in Michigan — pricier than 79% of all US cities in our data.

The Emmet County Rental Market

The Emmet County, MI area has a population of about 34,159 and 23% 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 Emmet County, MI have fallen by $28/month (2.4%) over the past year, from $1,182 to $1,154. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Emmet County, MI without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,200. The local median household income of $73,724 exceeds that threshold by $38,524, making Emmet County relatively accessible compared to local wages.

Economy & Jobs

Emmet 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 Emmet County, MI Affordable?

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

Rent or Buy in Emmet County?

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

Living in Emmet County

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