Apartments & Homes for Rent in New Era, MI

1 of 1 rentals
Viewing 1 of 1 rentals in New Era
What to Know About

Life in New Era & Beyond

New Era 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

New Era, MI

As of May 2025, New Era's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. New Era's average rent is 41.5% ($566) lower than the Michigan average of $1,363 and 55.5% ($996) lower than the U.S. average of $1,793.

Average Rent
$797
Monthly ChangeMonth Over Month Change
Decreased0.4% ($3)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $700 No change No change
2 Beds $900 No change No change
3 Beds $1,115 Decreased3.2% ($37) No change
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
New Era Rental Market FAQs

Explore rental prices, market trends, and availability in New Era, MI.

The average rent in New Era, MI is $797 per month.
Homes in New Era typically rent for between $600 and $1,450 per month, with an average of $797 per month.
In New Era, the average rent for a 1-bedroom home is $700 per month, for a 2-bedroom home, $900 per month, and a 3-bedroom home is $1,115 per month.
The average rent in New Era is 55.5% ($996) lower than the national average of $1,793 per month.
The rental market in New Era, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In New Era, MI, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in New Era, MI.
Based on the current averages, a household would need an annual income of $36,000 to comfortably afford a 2-bedroom home in New Era.
List Your Property For Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, and Craigslist New Era to attract quality tenants faster and take your listings to the next level.

Was this page helpful?  HelpfulUnhelpful