Average Rent in Albion, MI and Rent Price Trends

Rent trends in Albion, MI

Average rent prices in Albion have remained the same over the last month and have remained the same since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Albion, MI

Rent prices in Albion vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Albion is $879, whereas a house costs $1,500. 1-bedroom apartments in Albion run $835 on average, while 2-bedroom apartments are $975.


Studio	$975	No Change	-
1 bedroom	$835	1%	4%
2 bedroom	$1,025	5%	8%
3 bedroom	$1,425	9%	13%
4 bedroom	$2,000	No Change	47%


Apartments	$879	1%	No Change
Condos	$1,012	14%	No Change
Houses	$1,500	5%	No Change

Studio

Average rent

$975

Last 30 days

No Change

1 bedroom

Average rent

$835

Last 30 days

Last year

2 bedroom

Average rent

$1,025

Last 30 days

Last year

3 bedroom

Average rent

$1,425

Last 30 days

Last year

13%

4 bedroom

Average rent

$2,000

Last 30 days

No Change

Last year

47%

The table above reflects average rent prices in Albion, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Albion, MI compare to other cities?

Compare median rent prices in Albion and Charlotte by all bedroom counts and property types.

Albion

Median rent price$975

50%

lower than the national median

Median rent price$1,099

44%

lower than the national median

Takeaway

The median rent for all rentals in Albion, MI is 11% lower than the median rent in Charlotte, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,099

$975

$1,022

$1,104

$1,046

$975

$1,119

$1,055

$1,000

$875

$1,060

$925

Discover rentals in Albion, MI

5d+ ago

House for rent in Albion

Wiener Drive 1113 - 1

1113 Wiener Dr #1, Albion, MI 49224

3 beds

1.5 baths

$1,300

House for rent

Available Aug 1

5d+ ago

House for rent in Albion

North E 1005 - Unit 1

1005 E North St #1, Albion, MI 49224

4 beds

2 baths

$1,300

House for rent

Available Jul 1

5d+ ago

Condo for rent in Albion

Spacious 4BR/3 BA Apartment- Perfect for Roomates or Families

404 N Superior St #3, Albion, MI 49224

4 beds

3 baths

$1,850

Condo for rent

Available May 1

Stay up to date with rental market insights

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Annual Rent Report

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Frequently asked questions for Albion, MI

Quick answers to common questions about the Albion rental market.

How much is rent in Albion?

The average rent in Albion is $975 per month as of June 13, 2026.

Is rent up or down in Albion?

Average rent prices in Albion have remained the same over the last month and have remained the same since last year.

How does Albion rent compare to the national average?

Rent in Albion is 50% below the national average, which means renters are paying approximately $975 less per month.

What salary do I need to afford rent in Albion?

To comfortably afford rent in Albion, you'd need to earn approximately $39,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).