Average Rent in Buchanan, MI and Rent Price Trends

Rent trends in Buchanan, MI

Average rent prices in Buchanan have decreased by 34% over the last month and have increased by 7% 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
Buchanan, MI

Rent prices in Buchanan vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Buchanan is $1,176, whereas a house costs $2,250. 1-bedroom apartments in Buchanan run $961 on average, while 2-bedroom apartments are $820.


Studio	$825	-	-
1 bedroom	$980	160%	17%
2 bedroom	$1,175	25%	3%
3 bedroom	$2,500	17%	42%
4 bedroom	$3,000	7%	-


Apartments	$1,176	10%	No Change
Condos	$2,300	-	No Change
Houses	$2,250	11%	No Change

Studio

Average rent

$825

1 bedroom

Average rent

$980

Last 30 days

160%

Last year

17%

2 bedroom

Average rent

$1,175

Last 30 days

25%

Last year

3 bedroom

Average rent

$2,500

Last 30 days

17%

Last year

42%

4 bedroom

Average rent

$3,000

Last 30 days

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

Compare median rent prices in Buchanan and Cassopolis by all bedroom counts and property types.

Buchanan

Median rent price$1,018

48%

lower than the national median

Median rent price$1,025

47%

lower than the national median

Takeaway

The median rent for all rentals in Buchanan, MI is 1% lower than the median rent in Cassopolis, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,025

$1,180

$1,200

$974

$1,382

$1,475

$1,445

$1,200

$957

$2,000

$1,200

$1,450

Discover rentals in Buchanan, MI

2d ago

8.3

Very good

Metea Court Apartments

809 Rynearson St, Buchanan, MI 49107

1–2 beds

1 bath

$820–$961

Apartment for rent

Call

5d+ ago

House for rent in Buchanan

114 W Alexander St

114 W Alexander St, Buchanan, MI 49107

3 beds

2 baths

$1,900

House for rent

Available May 1

5d+ ago

House for rent in Buchanan

139 Schirmer Pkwy, Buchanan, MI 49107

4 beds

2.5 baths

$2,345

House for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Buchanan, MI

Quick answers to common questions about the Buchanan rental market.

How much is rent in Buchanan?

The average rent in Buchanan is $1,018 per month as of May 23, 2026.

Is rent up or down in Buchanan?

Average rent prices in Buchanan have decreased by 34% over the last month and have increased by 7% since last year.

How does Buchanan rent compare to the national average?

Rent in Buchanan is 48% below the national average, which means renters are paying approximately $932 less per month.

What salary do I need to afford rent in Buchanan?

To comfortably afford rent in Buchanan, you'd need to earn approximately $41,000/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).