What's the average rent in Albion, MI?
Rental Market Trends in Albion, MI
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Albion, MI is $1,271 per month, which is 33% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,271
14.2%$158 increase month-over-month
5.9%$71 increase year-over-year
AVAILABLE RENTALS
10
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, townhomes are the most affordable rental option in Albion, MI at $950 per month, while houses are the most expensive at $1,275 per month. Apartments average $1,078 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | $1,800 |
| 3 Bedrooms | $1,379 |
| 4 Bedrooms | $1,400 |
| All | $950 |
As of May 2026, the average rent for a 1 bedroom rental in Albion, MI is $750 per month, followed by $1,800 for a 2 bedroom rental, $1,379 for a 3 bedroom rental, and $1,400 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $950 |
| 4 Bedrooms | — |
| All | $950 |
As of May 2026, the average rent for a 3 bedroom townhome in Albion, MI is $950 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | — |
| 4 Bedrooms | $1,850 |
| All | $800 |
As of May 2026, the average rent for a 1 bedroom apartment in Albion, MI is $750 per month, followed by $1,150 for a 2 bedroom apartment, and $1,850 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | $1,400 |
| All | $1,400 |
As of May 2026, the average rent for a 4 bedroom house in Albion, MI is $1,400 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +20% compared to the previous year, which is a +$200 increase.
This year (2026)
Last year (2025)
Rent distribution
62% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $580 to $1,850.