Homes for Rent in Saginaw, MI

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What to Know About

Life in Saginaw & Beyond

Saginaw 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

Saginaw, MI

As of July 2025, Saginaw's rental market is tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing. Saginaw's average rent is 32.7% ($447) lower than the Michigan average of $1,365 and 48.3% ($857) lower than the U.S. average of $1,775.

Average Rent
$918
Monthly ChangeMonth Over Month Change
Decreased2.3% ($22)
Yearly ChangeYear Over Year Change
Decreased8% ($80)
Avg. Days on MarketAverage Days on Market
72
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $712 Increased1.1% ($8) Decreased3.3% ($24)
2 Beds $849 Increased0.6% ($5) Decreased11.1% ($106)
3 Beds $1,165 Increased1% ($11) Increased8.4% ($90)
Nearby Cities Average Rent Avg. Rent vs. SaginawAverage Rent vs. Saginaw Avg. Days on MarketAverage Days on Market
Bay City $740 Decreased19.4% ($178) 40 days
Hemlock $1,132 Increased23.3% ($214) 36 days
Birch Run $1,259 Increased37.1% ($341) 35 days
Midland $1,190 Increased29.6% ($272) 35 days
Clio $689 Decreased24.9% ($229) 44 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Saginaw Rental Market FAQs

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

The average rent in Saginaw, MI is $918 per month.
Homes in Saginaw typically rent for between $600 and $1,515 per month, with an average of $918 per month.
In Saginaw, the average rent for a 1-bedroom home is $712 per month, for a 2-bedroom home, $849 per month, and a 3-bedroom home is $1,165 per month.
The average rent in Saginaw is 48.3% ($857) lower than the national average of $1,775 per month.
The average rent in Saginaw has decreased by 2.3% ($22) in the last month and decreased by 8.0% ($80) over the past year.
The rental market in Saginaw, MI, is currently tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing.
In Saginaw, MI, the average rental stays on the market for approximately 72 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 31 rental properties available in Saginaw, MI.
Based on the current averages, a household would need an annual income of $33,960 to comfortably afford a 2-bedroom home in Saginaw.
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