Homes & Apartments for Rent in 48640

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What to Know About

Life in Midland & Beyond

Midland shares many of the great qualities that make Michigan a desirable place to live.

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

Midland, MI

As of October 2026, Midland's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Midland's average rent is 7.4% ($103) higher than the Michigan average of $1,395 and 17.6% ($321) lower than the U.S. average of $1,819.

Average Rent
$1,498
Monthly ChangeMonth Over Month Change
Increased2.1% ($31)
Yearly ChangeYear Over Year Change
Increased24.8% ($298)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $944 Increased1.7% ($16) Increased9% ($78)
2 Beds $1,195 Increased2.1% ($25) Increased6.7% ($75)
3 Beds $1,678 Increased1.9% ($31) Increased17.3% ($248)
Nearby Cities Average Rent Avg. Rent vs. MidlandAverage Rent vs. Midland Avg. Days on MarketAverage Days on Market
Auburn $1,316 Decreased12.1% ($182) 41 days
Hemlock $1,058 Decreased29.4% ($440) 38 days
Bay City $1,013 Decreased32.4% ($485) 38 days
Saginaw $934 Decreased37.7% ($564) 23 days
Beaverton $924 Decreased38.3% ($574) 34 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Midland Rental Market FAQs

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

The average rent in Midland, MI is $1,498 per month.
Homes in Midland typically rent for between $661 and $2,181 per month, with an average of $1,498 per month.
In Midland, the average rent for a 1-bedroom home is $944 per month, for a 2-bedroom home, $1,195 per month, and a 3-bedroom home is $1,678 per month.
The average rent in Midland is 17.6% ($321) lower than the national average of $1,819 per month.
The average rent in Midland has increased by 2.1% ($31) in the last month and increased by 24.8% ($298) over the past year.
The rental market in Midland, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Midland, MI, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 14 rental properties available in Midland, MI.
Based on the current averages, a household would need an annual income of $47,800 to comfortably afford a 2-bedroom home in Midland.
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