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Homes & Apartments for Rent in Olivet, MI

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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 November 2026, Olivet's rental market is competitive, with rentals spending about 22 days on the market, faster than in Michigan (24), and rents up 0.5% over the past year. Olivet's average rent is 29.8% ($467) lower than the Michigan average of $1,569 and 45.9% ($934) lower than the U.S. average of $2,036.

Average Rent
$1,102
Monthly ChangeMonth Over Month Change
Decreased0.19% ($2)
Yearly ChangeYear Over Year Change
Increased0.5% ($6)
Days on Market
22
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $912 Decreased0.45% ($4) Decreased2.4% ($22)
2 Beds $1,098 Decreased0.20% ($2) Decreased0.6% ($6)
3 Beds $1,493 Flat Increased4.6% ($66)
Nearby Cities Average Rent Avg. Rent vs. OlivetAverage Rent vs. Olivet Days on Market
Albion $1,224 Increased11.1% ($122) 29 days
Marshall $1,499 Increased36.0% ($397) 29 days
Charlotte $1,065 Decreased3.4% ($37) 22 days
Eaton Rapids $1,237 Increased12.3% ($135) 22 days
Parma $1,293 Increased17.3% ($191) 19 days
Based on rentals advertised on RentalSource in and around Olivet.
Frequently Asked Questions
Olivet Rental Market FAQs

Explore rental prices, market conditions, and affordability in Olivet, MI.

The average rent in Olivet, MI is about $1,102 per month.
In Olivet, the average rent is about $912 per month for a 1-bedroom home, about $1,098 for a 2-bedroom home and about $1,493 for a 3-bedroom home.
The average rent in Olivet is 45.9% ($934) lower than the national average of $2,036 per month.
The rental market in Olivet, MI is currently competitive, with rentals spending about 22 days on the market, faster than in Michigan (24), and rents up 0.5% over the past year.
Based on the current averages, a household would need an annual income of about $43,900 to comfortably afford a 2-bedroom home in Olivet.
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