Average Rent in Alma, MI and Rent Price Trends

Rent trends in Alma, MI

Average rent prices in Alma have increased by 17% over the last month and have increased by 3% 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
Alma, MI

Rent prices in Alma vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Alma is $950, whereas a house costs $1,400. 1-bedroom apartments in Alma run $825 on average, while 2-bedroom apartments are $950.


Studio	$750	-	-
1 bedroom	$825	No Change	4%
2 bedroom	$875	7%	14%
3 bedroom	$1,150	No Change	11%
4 bedroom	$1,500	-	-


Apartments	$950	2%	No Change
Condos	$1,800	-	-
Houses	$1,400	No Change	No Change

Studio

Average rent

$750

1 bedroom

Average rent

$825

Last 30 days

No Change

Last year

2 bedroom

Average rent

$875

Last 30 days

Last year

14%

3 bedroom

Average rent

$1,150

Last year

11%

4 bedroom

Average rent

$1,500

The table above reflects average rent prices in Alma, 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 Alma, MI compare to other cities?

Compare median rent prices in Alma and Bay City by all bedroom counts and property types.

Alma

Median rent price$875

55%

lower than the national median

Median rent price$919

53%

lower than the national median

Takeaway

The median rent for all rentals in Alma, MI is 5% lower than the median rent in Bay City, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$919

$1,075

$950

Delhi Charter Township

$1,295

$1,200

$852

$862

Meridian Charter Township

$1,010

$1,100

$950

$991

$993

Discover rentals in Alma, MI

5d+ ago

House for rent in Alma

SINGLE_FAMILY - Ranch - Alma, MI

4105 Riverview Dr, Alma, MI 48801

3 beds

2.5 baths

$2,200

House for rent

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Frequently asked questions for Alma, MI

Quick answers to common questions about the Alma rental market.

How much is rent in Alma?

The average rent in Alma is $875 per month as of July 4, 2026.

Is rent up or down in Alma?

Average rent prices in Alma have increased by 17% over the last month and have increased by 3% since last year.

How does Alma rent compare to the national average?

Rent in Alma is 55% below the national average, which means renters are paying approximately $1,075 less per month.

What salary do I need to afford rent in Alma?

To comfortably afford rent in Alma, you'd need to earn approximately $35,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Alma?

Alma offers good options for renters with pets, as 57% of available apartments welcome furry companions. With an average of 7 listings available monthly, pet owners have multiple choices when searching for their next home.

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).