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

Chelsea, MI

As of July 2025, Chelsea's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Chelsea's average rent is 98.3% ($1,342) higher than the Michigan average of $1,365 and 52.5% ($932) higher than the U.S. average of $1,775.

Average Rent

$2,707

Monthly ChangeMonth Over Month Change

27.3% ($581)

Yearly ChangeYear Over Year Change

39.6% ($768)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,629	2.5% ($40)	17.6% ($244)
2 Beds	$2,155	1.7% ($37)	23.1% ($405)
3 Beds	$2,720	0.5% ($14)	17.1% ($398)

Nearby Cities	Average Rent	Avg. Rent vs. ChelseaAverage Rent vs. Chelsea	Avg. Days on MarketAverage Days on Market
Ann Arbor	$2,014	25.6% ($693)	36 days
Brooklyn	$985	63.6% ($1722)	38 days
Jackson	$1,002	63% ($1705)	30 days
Brighton	$1,121	58.6% ($1586)	39 days
South Lyon	$1,603	40.8% ($1104)	36 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Chelsea Rental Market FAQs

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

What is the average rent in Chelsea, MI?

The average rent in Chelsea, MI is $2,707 per month.

What is the rental price range for homes in Chelsea, MI?

Homes in Chelsea typically rent for between $1,140 and $3,536 per month, with an average of $2,707 per month.

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

In Chelsea, the average rent for a 1-bedroom home is $1,629 per month, for a 2-bedroom home, $2,155 per month, and a 3-bedroom home is $2,720 per month.

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

The average rent in Chelsea is 52.5% ($932) higher than the national average of $1,775 per month.

How have rent prices in Chelsea, MI changed recently?

The average rent in Chelsea has increased by 27.3% ($581) in the last month and increased by 39.6% ($768) over the past year.

How competitive is the rental market in Chelsea, MI?

The rental market in Chelsea, 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 Chelsea, MI?

In Chelsea, MI, the average rental stays on the market for approximately 33 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 Chelsea, MI?

There are currently 4 rental properties available in Chelsea, MI.

Can I afford to rent a home in Chelsea, MI?

Based on the current averages, a household would need an annual income of $86,200 to comfortably afford a 2-bedroom home in Chelsea.