Apartments for Rent in 49076

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What to Know About

Life in Olivet & Beyond

Olivet 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

Olivet, MI

As of June 2026, Olivet's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Olivet's average rent is 40.2% ($575) lower than the Michigan average of $1,429 and 52.5% ($943) lower than the U.S. average of $1,797.

Average Rent
$854
Monthly ChangeMonth Over Month Change
Increased1.2% ($10)
Yearly ChangeYear Over Year Change
Increased1.5% ($13)
Avg. Days on MarketAverage Days on Market
40
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $778 Increased0.1% ($1) Decreased2.8% ($22)
2 Beds $945 Increased1.2% ($11) Increased2.2% ($20)
3 Beds $1,334 Increased4.1% ($52) Increased12.9% ($152)
Nearby Cities Average Rent Avg. Rent vs. OlivetAverage Rent vs. Olivet Avg. Days on MarketAverage Days on Market
Albion $952 Increased11.5% ($98) 38 days
Parma $1,322 Increased54.8% ($468) 37 days
Battle Creek $1,022 Increased19.7% ($168) 40 days
Holt $991 Increased16% ($137) 41 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Olivet Rental Market FAQs

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

The average rent in Olivet, MI is $854 per month.
Apartments in Olivet typically rent for between $600 and $1,734 per month, with an average of $854 per month.
In Olivet, the average rent for a 1-bedroom apartment is $778 per month, for a 2-bedroom apartment, $945 per month, and a 3-bedroom apartment is $1,334 per month.
The average rent in Olivet is 52.5% ($943) lower than the national average of $1,797 per month.
The average rent in Olivet has increased by 1.2% ($10) in the last month and increased by 1.5% ($13) over the past year.
The rental market in Olivet, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Olivet, MI, the average rental stays on the market for approximately 40 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 3 rental properties available in Olivet, MI.
Based on the current averages, a household would need an annual income of $37,800 to comfortably afford a 2-bedroom apartment in Olivet.
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