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

Newaygo, MI

As of July 2025, Newaygo's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Newaygo's average rent is 9.3% ($127) lower than the Michigan average of $1,365 and 30.3% ($537) lower than the U.S. average of $1,775.

Average Rent

$1,238

Monthly ChangeMonth Over Month Change

5.6% ($66)

Yearly ChangeYear Over Year Change

4.5% ($53)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$929	0.1% ($1)	0.2% ($2)
2 Beds	$1,229	4.9% ($57)	4.4% ($52)
3 Beds	$1,551	0.3% ($4)	0.7% ($11)

Nearby Cities	Average Rent	Avg. Rent vs. NewaygoAverage Rent vs. Newaygo	Avg. Days on MarketAverage Days on Market
Sparta	$1,431	15.6% ($193)	38 days
Big Rapids	$728	41.2% ($510)	40 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Newaygo Rental Market FAQs

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

What is the average rent in Newaygo, MI?

The average rent in Newaygo, MI is $1,238 per month.

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

Homes in Newaygo typically rent for between $650 and $2,016 per month, with an average of $1,238 per month.

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

In Newaygo, the average rent for a 1-bedroom home is $929 per month, for a 2-bedroom home, $1,229 per month, and a 3-bedroom home is $1,551 per month.

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

The average rent in Newaygo is 30.3% ($537) lower than the national average of $1,775 per month.

How have rent prices in Newaygo, MI changed recently?

The average rent in Newaygo has increased by 5.6% ($66) in the last month and increased by 4.5% ($53) over the past year.

How competitive is the rental market in Newaygo, MI?

The rental market in Newaygo, 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 Newaygo, MI?

In Newaygo, 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.

How many rental properties are available in Newaygo, MI?

There is currently 1 rental property available in Newaygo, MI.

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

Based on the current averages, a household would need an annual income of $49,160 to comfortably afford a 2-bedroom home in Newaygo.