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

Menominee, MI

As of April 2026, Menominee's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Menominee's average rent is 0.4% ($6) higher than the Michigan average of $1,420 and 20.2% ($362) lower than the U.S. average of $1,788.

Average Rent

$1,426

Monthly ChangeMonth Over Month Change

33.1% ($355)

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$956	0.6% ($6)	No change
2 Beds	$1,293	9% ($107)	No change
3 Beds	$1,726	2.5% ($42)	No change

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Menominee Rental Market FAQs

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

What is the average rent in Menominee, MI?

The average rent in Menominee, MI is $1,426 per month.

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

Homes in Menominee typically rent for between $669 and $2,244 per month, with an average of $1,426 per month.

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

In Menominee, the average rent for a 1-bedroom home is $956 per month, for a 2-bedroom home, $1,293 per month, and a 3-bedroom home is $1,726 per month.

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

The average rent in Menominee is 20.2% ($362) lower than the national average of $1,788 per month.

How competitive is the rental market in Menominee, MI?

The rental market in Menominee, 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 Menominee, MI?

In Menominee, MI, the average rental stays on the market for approximately 36 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 Menominee, MI?

There are currently 8 rental properties available in Menominee, MI.

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

Based on the current averages, a household would need an annual income of $51,720 to comfortably afford a 2-bedroom home in Menominee.