Cheap Apartments for Rent in Shepherd, MI

2 rentals

Apartments For Rent Near Shepherd, MI

We found 30 more apartments matching your filters just outside Shepherd

Average Rent Trends in Shepherd, MI

Rent in Shepherd, MI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Oct 2025$750
Dec 2025$808
Jan 2026$750
Feb 2026$750
Mar 2026$850
Apr 2026$850
May 2026$1,100
Jun 2026$650
Jul 2026$850
Aug 2026$1,650
Sep 2026$850
Oct 2026$850
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$850——$850
Apartments and Condos—$850——$850

Frequently Asked Questions about Rentals in Shepherd, MI

  • What is the average rent of an apartment in Shepherd, MI?
    The average rent of an apartment in Shepherd, MI is $850 per month. This is about 56% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Shepherd, MI?
    Last year, the cheapest month to find an apartment to rent was Oct 2025 when it was $750 per month.
  • How many cheap apartments are available in Shepherd, MI?
    There are 2 apartments to rent that are cheaper than the city’s average rent of $850.
  • When is the average rent most expensive in Shepherd, MI?
    In the last year, the average rent in Shepherd, MI was highest in Jun 2025 when it was $1,100 per month.
  • What are some zip codes in Shepherd, MI?
    Shepherd, MI includes zip codes such as: 48883.
  • What are some cities near Shepherd, MI?
    Some nearby cities include: Saint Louis, Mount Pleasant, Elwell, Alma, Winn. These cities may have more rental options to explore.