Average Rent in Oceana County, MI↑ Rents rising 0.9% YoY🔻 4th cheapest in MI
HUD FY2025 · Official government data · Updated annually · Metro pop. 26,788
Market Overview
Oceana County, MI has rental prices ranging from $657/month to $1,444/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $711/month — 49% below the national average of $1,400/month. With a median household income of $63,624/year, spending $711/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.
How Oceana County Compares
With an average 2-bedroom rent of $933/month, Oceana County ranks #77 most expensive of the 80 cities tracked in Michigan — more affordable than 60% of all US cities in our data.
The Oceana County Rental Market
The Oceana County, MI area has a population of about 26,788 and 15% 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 Oceana County, MI have risen by $8/month (0.9%) over the past year, from $925 to $933. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.
Affordability
To afford a 1-bedroom apartment in Oceana County, MI without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,440. The local median household income of $63,624 exceeds that threshold by $35,184, making Oceana County relatively accessible compared to local wages.
Economy & Jobs
Oceana County, MI has an unemployment rate of 5.7%, 1.8 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.
Fair Market Rents
HUD FY2025Is Oceana County, MI Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in MIlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Detroit | $991 | $1,090 | $1,378 | $1,688 | — |
| Livingston County | $968 | $1,216 | $1,411 | $1,972 | — |
| Ionia County | $806 | $896 | $1,175 | $1,429 | — |
| Holland | $953 | $1,197 | $1,363 | $1,750 | — |
| Grand Rapids | $1,163 | $1,209 | $1,443 | $1,880 | — |
| Shiawassee County | $714 | $719 | $943 | $1,264 | — |
Rent or Buy in Oceana County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Oceana County data
Renting appears to be the better financial choice for this scenario.
Living in Oceana County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Oceana CountySalary needed to afford rent here
🗺️All Cities in MISee how Oceana County ranks statewide
⚖️Compare Oceana CountySide-by-side rent & cost of living with any city
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