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

Oxford, MI

As of July 2025, Oxford's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Oxford's average rent is 23.1% ($315) lower than the Michigan average of $1,365 and 40.8% ($725) lower than the U.S. average of $1,775.

Average Rent

$1,050

Monthly ChangeMonth Over Month Change

27.3% ($395)

Yearly ChangeYear Over Year Change

25.5% ($360)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$942	18.4% ($212)	15.8% ($177)
2 Beds	$1,246	15.4% ($227)	16% ($238)
3 Beds	$1,573	12.5% ($225)	12.9% ($232)

Nearby Cities	Average Rent	Avg. Rent vs. OxfordAverage Rent vs. Oxford	Avg. Days on MarketAverage Days on Market
Lake Orion	$3,824	264.2% ($2774)	37 days
Ortonville	$1,237	17.8% ($187)	34 days
Romeo	$1,058	0.8% ($8)	38 days
Clarkston	$1,359	29.4% ($309)	36 days
Washington	$1,240	18.1% ($190)	38 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Oxford Rental Market FAQs

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

What is the average rent in Oxford, MI?

The average rent in Oxford, MI is $1,050 per month.

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

Homes in Oxford typically rent for between $659 and $2,045 per month, with an average of $1,050 per month.

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

In Oxford, the average rent for a 1-bedroom home is $942 per month, for a 2-bedroom home, $1,246 per month, and a 3-bedroom home is $1,573 per month.

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

The average rent in Oxford is 40.8% ($725) lower than the national average of $1,775 per month.

How have rent prices in Oxford, MI changed recently?

The average rent in Oxford has decreased by 27.3% ($395) in the last month and decreased by 25.5% ($360) over the past year.

How competitive is the rental market in Oxford, MI?

The rental market in Oxford, 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 Oxford, MI?

In Oxford, MI, the average rental stays on the market for approximately 35 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 Oxford, MI?

There are currently 7 rental properties available in Oxford, MI.

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

Based on the current averages, a household would need an annual income of $49,840 to comfortably afford a 2-bedroom home in Oxford.