Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Bay City, MI

As of July 2025, Bay City's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Bay City's average rent is 45.8% ($625) lower than the Michigan average of $1,365 and 58.3% ($1,035) lower than the U.S. average of $1,775.

Average Rent

$740

Monthly ChangeMonth Over Month Change

1.4% ($10)

Yearly ChangeYear Over Year Change

25.7% ($256)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$548	0.5% ($3)	10.2% ($62)
2 Beds	$717	3% ($21)	6.9% ($53)
3 Beds	$918	0.6% ($6)	10.2% ($104)

Nearby Cities	Average Rent	Avg. Rent vs. Bay CityAverage Rent vs. Bay City	Avg. Days on MarketAverage Days on Market
Saginaw	$918	24.1% ($178)	72 days
Midland	$1,190	60.8% ($450)	35 days
Hemlock	$1,132	53% ($392)	36 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Bay City Rental Market FAQs

Explore rental prices, market trends, and availability in Bay City, MI.

What is the average rent in Bay City, MI?

The average rent in Bay City, MI is $740 per month.

What is the rental price range for apartments in Bay City, MI?

Apartments in Bay City typically rent for between $600 and $1,193 per month, with an average of $740 per month.

What is the average rent for different bedroom sizes in Bay City, MI?

In Bay City, the average rent for a 1-bedroom apartment is $548 per month, for a 2-bedroom apartment, $717 per month, and a 3-bedroom apartment is $918 per month.

How do rent prices in Bay City, MI compare with the national average?

The average rent in Bay City is 58.3% ($1,035) lower than the national average of $1,775 per month.

How have rent prices in Bay City, MI changed recently?

The average rent in Bay City has increased by 1.4% ($10) in the last month and decreased by 25.7% ($256) over the past year.

How competitive is the rental market in Bay City, MI?

The rental market in Bay City, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Bay City, MI?

In Bay City, MI, the average rental stays on the market for approximately 40 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Bay City, MI?

There are currently 3 rental properties available in Bay City, MI.

Can I afford to rent an apartment in Bay City, MI?

Based on the current averages, a household would need an annual income of $28,680 to comfortably afford a 2-bedroom apartment in Bay City.