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

Canton, MI

As of July 2025, Canton's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Canton's average rent is 27.6% ($377) higher than the Michigan average of $1,365 and 1.9% ($33) lower than the U.S. average of $1,775.

Average Rent

$1,742

Monthly ChangeMonth Over Month Change

2.8% ($48)

Yearly ChangeYear Over Year Change

11.7% ($183)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,323	0.6% ($8)	2.4% ($31)
2 Beds	$1,750	0.2% ($3)	12% ($188)
3 Beds	$2,209	1.3% ($30)	20.7% ($379)

Nearby Cities	Average Rent	Avg. Rent vs. CantonAverage Rent vs. Canton	Avg. Days on MarketAverage Days on Market
Plymouth	$2,346	34.7% ($604)	40 days
Wayne	$816	53.2% ($926)	41 days
Westland	$1,136	34.8% ($606)	37 days
Garden City	$940	46% ($802)	40 days
Ypsilanti	$1,256	27.9% ($486)	31 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Canton Rental Market FAQs

Explore rental prices, market trends, and availability in Canton, MI.

What is the average rent in Canton, MI?

The average rent in Canton, MI is $1,742 per month.

What is the rental price range for houses in Canton, MI?

Houses in Canton typically rent for between $926 and $2,872 per month, with an average of $1,742 per month.

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

In Canton, the average rent for a 1-bedroom house is $1,323 per month, for a 2-bedroom house, $1,750 per month, and a 3-bedroom house is $2,209 per month.

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

The average rent in Canton is 1.9% ($33) lower than the national average of $1,775 per month.

How have rent prices in Canton, MI changed recently?

The average rent in Canton has increased by 2.8% ($48) in the last month and increased by 11.7% ($183) over the past year.

How competitive is the rental market in Canton, MI?

The rental market in Canton, 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 Canton, MI?

In Canton, MI, the average rental stays on the market for approximately 35 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 Canton, MI?

There are currently 13 rental properties available in Canton, MI.

Can I afford to rent a house in Canton, MI?

Based on the current averages, a household would need an annual income of $70,000 to comfortably afford a 2-bedroom house in Canton.