Last updated on September 18, 2026

Average rent in
Alma College, MI

Median rent

Median rent in Shepherd

$962/mo

increased by17%

vs previous year

The average rent in Shepherd is $962 per month as of September 2026. This is 49% below the national average rent, or $937 less per month.

$1.08

average price per square foot

Total rentals

Available rentals in Shepherd

9

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Shepherd rentals at each price point

80%60%40%20%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 Alma College, MI, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Alma College, MI

Average rent prices in Shepherd have increased by 17% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Alma College, MI

Rent prices in Shepherd vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Shepherd is $850, whereas a house costs $1,150. 1-bedroom apartments in Shepherd run $781 on average, while 2-bedroom apartments are $962.

Listings

1 bedroom

$781

-

4%

2 bedroom

$1,050

-

10%

4 bedroom

$1,390

-

-

1 bedroom

Average rent

$781

Last year

4%

2 bedroom

Average rent

$1,050

Last year

10%

4 bedroom

Average rent

$1,390

The table above reflects average rent prices in Alma College, 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.

Discover rentals in Alma College, MI

213 W Downie St #B - Photo 1 of 1

5d+ ago

Apartment for rent in Alma

Upper flat, W. Downie

213 W Downie St #B, Alma, MI 48801

2 beds

1 bath

$800

614 S Mill St #B - Photo 1 of 1

5d+ ago

Townhouse for rent in Saint Louis

2 beds

1 bath

$850

Rockway Village (Shepherd 33 LLC) - Photo 1 of 1

3d ago

8.8

Very good

Rockway Village (Shepherd 33 LLC)

127 S Union St, Shepherd, MI 48883

2 beds

1 bath

$900

422 Hannah Ave - Photo 1 of 1

5d+ ago

House for rent in Alma

422 Hannah

422 Hannah Ave, Alma, MI 48801

4 beds

1 bath

$1,390

Stay up to date with rental market insights

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Frequently asked questions for Alma College, MI

Quick answers to common questions about the Shepherd rental market.

How much is rent in Shepherd?

The average rent in Shepherd is $962 per month as of September 12, 2026.

Is rent up or down in Shepherd?

Average rent prices in Shepherd have increased by 17% since last year.

How does Shepherd rent compare to the national average?

Rent in Shepherd is 49% below the national average, which means renters are paying approximately $937 less per month.

What salary do I need to afford rent in Shepherd?

To comfortably afford rent in Shepherd, you'd need to earn approximately $39,000/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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