What's the average rent in Elk Rapids, MI?
Rental Market Trends in Elk Rapids, MI
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Elk Rapids, MI is $1,975 per month, which is about the same as the national average rent of $1,965 per month.
AVERAGE RENT
$1,975
-21.0%-$525 decrease month-over-month
-3.9%-$80 decrease year-over-year
AVAILABLE RENTALS
8
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,950 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $1,975 |
| All | $1,975 |
As of August 2026, the average rent for a 1 bedroom rental in Elk Rapids, MI is $1,100 per month, followed by $1,950 for a 2 bedroom rental, $2,500 for a 3 bedroom rental, and $1,975 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,100 |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,675 |
| 4 Bedrooms | $1,975 |
| All | $1,675 |
As of August 2026, the average rent for a 1 bedroom apartment in Elk Rapids, MI is $1,100 per month, followed by $1,675 for a 3 bedroom apartment, and $1,975 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,950 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $1,975 |
| All | $2,150 |
As of August 2026, the average rent for a 2 bedroom house in Elk Rapids, MI is $1,950 per month, followed by $2,500 for a 3 bedroom house, and $1,975 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -6% compared to the previous year, which is a $125 decrease.
This year (2026)
Last year (2025)
Rent distribution
70% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $1,675 to $2,500.
