Average Rent in Midland, MI↑ Rents rising 5.9% YoY

Midland, MI has rental prices ranging from $870/month to $1,529/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $872/month — 38% below the national average of $1,400/month. With a median household income of $77,538/year, spending $872/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.

How Midland Compares

With an average 2-bedroom rent of $1,137/month, Midland ranks #15 most expensive of the 80 cities tracked in Michigan — pricier than 78% of all US cities in our data.

The Midland Rental Market

The Midland, MI area has a population of about 83,641 and 22% 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 Midland, MI have risen by $63/month (5.9%) over the past year, from $1,074 to $1,137. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Midland, MI without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $34,880. The local median household income of $77,538 exceeds that threshold by $42,658, making Midland relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Midland, MI is $254,173, giving a price-to-rent ratio of 18.6. With a break-even horizon of approximately 19 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Is Midland, MI Affordable?

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

Rent or Buy in Midland?

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

Living in Midland

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