Average Rent in Shiawassee County, MI↓ Rents falling 15.8% YoY🔻 Cheapest in MI
HUD FY2021 · Official government data · Updated annually · Metro pop. 68,061
Market Overview
Shiawassee County, MI has rental prices ranging from $574/month to $1,104/month in 2021, depending on unit size. The typical 1-bedroom apartment rents for $578/month — 59% below the national average of $1,400/month. With a median household income of $64,464/year, spending $578/month on a 1-bedroom represents 11% of gross income — within the recommended 30% threshold.
How Shiawassee County Compares
With an average 2-bedroom rent of $762/month, Shiawassee County ranks #80 most expensive of the 80 cities tracked in Michigan — more affordable than 98% of all US cities in our data.
The Shiawassee County Rental Market
The Shiawassee County, MI area has a population of about 68,061 and 21% 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 Shiawassee County, MI have fallen by $143/month (15.8%) over the past year, from $905 to $762. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.
Affordability
To afford a 1-bedroom apartment in Shiawassee County, MI without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $23,120. The local median household income of $64,464 exceeds that threshold by $41,344, making Shiawassee County relatively accessible compared to local wages.
Economy & Jobs
Shiawassee County, MI has an unemployment rate of 4.8%, 0.9 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 FY2021Is Shiawassee 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 | — |
| Lansing | $870 | $905 | $1,127 | $1,465 | — |
Rent or Buy in Shiawassee County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Shiawassee County data
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Living in Shiawassee County
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Frequently Asked Questions
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💵Rent Affordability in Shiawassee CountySalary needed to afford rent here
🗺️All Cities in MISee how Shiawassee County ranks statewide
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