Average Rent in Albion, MI and Rent Price Trends

Rent trends in Albion, MI

Average rent prices in Albion have increased by 20% over the last month and have increased by 23% 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 $1,000, whereas a house costs $1,300. 1-bedroom apartments in Albion run $875 on average, while 2-bedroom apartments are $1,000.


Studio	$807	No Change	46%
1 bedroom	$950	2%	13%
2 bedroom	$1,100	9%	1%
3 bedroom	$1,400	No Change	67%
4 bedroom	$1,895	5%	-


Apartments	$1,000	No Change	No Change
Condos	$962	13%	No Change
Houses	$1,300	16%	No Change

Studio

Average rent

$807

Last year

46%

1 bedroom

Average rent

$950

Last 30 days

Last year

13%

2 bedroom

Average rent

$1,100

Last 30 days

Last year

3 bedroom

Average rent

$1,400

Last 30 days

No Change

Last year

67%

4 bedroom

Average rent

$1,895

Last 30 days

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$1,199

37%

lower than the national median

Median rent price$1,100

42%

lower than the national median

Takeaway

The median rent for all rentals in Albion, MI is 9% higher than the median rent in Charlotte, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,100

$950

$975

$1,285

$1,060

$1,387

$1,160

$1,181

$1,100

$1,000

$1,000

$1,150

Discover rentals in Albion, MI

210 South Eaton Street, Unit 8 - Photo 1 of 1

22h ago

Condo for rent in Albion

210 South Eaton Street, Unit 8

210 S Eaton St, Albion, MI 49224

2 beds

1 bath

$850

5d+ ago

House for rent in Albion

Super low monthly payment! 3 bed/2 bath

1163 Salvia Dr, Albion, MI 49224

3 beds

2 baths

$1,199

3d ago

House for rent in Albion

Wiener Drive 1113 - 1

1113 Wiener Dr #1, Albion, MI 49224

3 beds

1.5 baths

$1,200

5d+ ago

House for rent in Albion

Maple Ridge 506 - 1

506 Maple Rdg #1, Albion, MI 49224

4 beds

1 bath

$1,200

5d+ ago

House for rent in Albion

Mingo Street N 502 (Big) - Unit 1

502 N Mingo St #1, Albion, MI 49224

4 beds

1.5 baths

$1,300

5d+ ago

House for rent in Albion

Pine Street E 200 - 1

200 E Pine St #1, Albion, MI 49224

5 beds

2 baths

$1,450

New construction

3d ago

House for rent in Albion

4 Bedroom 2 Bath Move In Ready!

1261 Sunflower Ct #62, Albion, MI 49224

4 beds

2 baths

$1,499

3d ago

House for rent in Albion

4 bedroom 2 bath home Move in ready!

1203 Primrose Ct #138, Albion, MI 49224

4 beds

2 baths

$1,499

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

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 $1,199 per month as of September 12, 2026.

Is rent up or down in Albion?

Average rent prices in Albion have increased by 20% over the last month and have increased by 23% since last year.

How does Albion rent compare to the national average?

Rent in Albion is 37% below the national average, which means renters are paying approximately $701 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 $48,000/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).