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

Taylor, MI

As of July 2025, Taylor's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Taylor's average rent is 11.0% ($150) lower than the Michigan average of $1,365 and 31.5% ($560) lower than the U.S. average of $1,775.

Average Rent

$1,215

Monthly ChangeMonth Over Month Change

1.5% ($18)

Yearly ChangeYear Over Year Change

16.8% ($245)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,011	No change	12.2% ($140)
2 Beds	$1,321	No change	9.1% ($133)
3 Beds	$1,520	0.1% ($1)	21.2% ($409)

Nearby Cities	Average Rent	Avg. Rent vs. TaylorAverage Rent vs. Taylor	Avg. Days on MarketAverage Days on Market
Lincoln Park	$1,324	9% ($109)	40 days
Inkster	$936	23% ($279)	35 days
Wyandotte	$1,058	12.9% ($157)	35 days
Dearborn Heights	$1,258	3.5% ($43)	36 days
Wayne	$816	32.8% ($399)	41 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Taylor Rental Market FAQs

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

What is the average rent in Taylor, MI?

The average rent in Taylor, MI is $1,215 per month.

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

Homes in Taylor typically rent for between $708 and $1,976 per month, with an average of $1,215 per month.

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

In Taylor, the average rent for a 1-bedroom home is $1,011 per month, for a 2-bedroom home, $1,321 per month, and a 3-bedroom home is $1,520 per month.

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

The average rent in Taylor is 31.5% ($560) lower than the national average of $1,775 per month.

How have rent prices in Taylor, MI changed recently?

The average rent in Taylor has decreased by 1.5% ($18) in the last month and decreased by 16.8% ($245) over the past year.

How competitive is the rental market in Taylor, MI?

The rental market in Taylor, 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 Taylor, MI?

In Taylor, 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 Taylor, MI?

There are currently 6 rental properties available in Taylor, MI.

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

Based on the current averages, a household would need an annual income of $52,840 to comfortably afford a 2-bedroom home in Taylor.