Average Rent in Albion, MI and Rent Price Trends

Rent trends in Albion, MI

Average rent prices in Albion have decreased by 19% over the last month and have increased by 13% 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 $1,005, whereas a house costs $1,650. 1-bedroom apartments in Albion run $825 on average, while 2-bedroom apartments are $1,152.


Studio	$950	No Change	5%
1 bedroom	$825	3%	11%
2 bedroom	$1,152	No Change	6%
3 bedroom	$1,400	14%	5%
4 bedroom	$1,795	4%	15%


Apartments	$1,005	10%	13%
Condos	$1,075	No Change	28%
Houses	$1,650	8%	45%

Studio

Average rent

$950

Last year

1 bedroom

Average rent

$825

Last 30 days

Last year

11%

2 bedroom

Average rent

$1,152

Last year

3 bedroom

Average rent

$1,400

Last 30 days

14%

Last year

4 bedroom

Average rent

$1,795

Last 30 days

Last year

15%

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$1,100

42%

lower than the national median

Median rent price$1,200

37%

lower than the national median

Takeaway

The median rent for all rentals in Albion, MI is 8% lower than the median rent in Charlotte, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,200

$1,206

$1,036

$950

$1,085

$925

$987

$1,004

$1,069

$1,000

$980

$1,000

Discover rentals in Albion, MI

1d ago

7.1

Very good

Monroe Street S 102

102 S Monroe St, Albion, MI 49224

1 bed

1 bath

$500

5d+ 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

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 $1,100 per month as of October 24, 2026.

Is rent up or down in Albion?

Average rent prices in Albion have decreased by 19% over the last month and have increased by 13% since last year.

How does Albion rent compare to the national average?

Rent in Albion is 42% below the national average, which means renters are paying approximately $800 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 $44,000/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).