Last updated on August 16, 2026

Average rent in
Caro, MI

Median rent

Median rent in Caro

$775/mo

decreased by21%

vs previous year

The average rent in Caro is $775 per month as of August 2026. This is 60% below the national average rent, or $1,150 less per month.

$1.19

average price per square foot

Total rentals

Available rentals in Caro

13

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Caro rentals at each price point

70%53%35%18%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Caro, MI, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Caro, MI

Average rent prices in Caro have remained the same over the last month and have decreased by 21% 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 Caro, MI

Rent prices in Caro vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Caro is $809, whereas a house costs $1,997. 1-bedroom apartments in Caro run $690 on average, while 2-bedroom apartments are $850.

Listings

Studio

$700

-

-

1 bedroom

$763

No Change

4%

2 bedroom

$782

No Change

4%

3 bedroom

$1,150

13%

18%

4 bedroom

$1,300

-

-

Studio

Average rent

$700

1 bedroom

Average rent

$763

Last year

4%

2 bedroom

Average rent

$782

Last year

4%

3 bedroom

Average rent

$1,150

Last 30 days

13%

Last year

18%

4 bedroom

Average rent

$1,300

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

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

Caro

Median rent price$775
decreased by60%

lower than the national median

Median rent price$939
decreased by51%

lower than the national median

Takeaway

The median rent for all rentals in Caro, MI is 17% lower than the median rent in Bay City, MI.

Discover rentals in Caro, MI

Turner Drive Apartments - Photo 1 of 1

4d ago

8.8

Very good

Turner Drive Apartments

1012 Turner Dr, Caro, MI 48723

2 beds

1 bath

$850

Apartment for rent

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Frequently asked questions for Caro, MI

Quick answers to common questions about the Caro rental market.

How much is rent in Caro?

The average rent in Caro is $775 per month as of August 15, 2026.

Is rent up or down in Caro?

Average rent prices in Caro have remained the same over the last month and have decreased by 21% since last year.

How does Caro rent compare to the national average?

Rent in Caro is 60% below the national average, which means renters are paying approximately $1,150 less per month.

What salary do I need to afford rent in Caro?

To comfortably afford rent in Caro, you'd need to earn approximately $31,000/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).

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