Bedroom count
Property type
Last updated on September 18, 2026
Average rent in
Central Michigan University, MI
Average rent in
Last updated on September 18, 2026
Bedroom count
Property type
Median rent
Median rent in Shepherd
$950/mo
13%vs previous year
The average rent in Shepherd is $950 per month as of September 2026. This is 50% below the national average rent, or $950 less per month.
average price per square foot
Total rentals
Available rentals in Shepherd
30
for rent on Zumper.com as of September 2026
Rent price distribution
Share of Shepherd rentals at each price point
Rent trends in Central Michigan University, MI
Average rent prices in Shepherd have increased by 13% 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
Central Michigan University, MI
Rent prices in Shepherd vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Shepherd is $907, whereas a house costs $1,420. 1-bedroom apartments in Shepherd run $775 on average, while 2-bedroom apartments are $925.
Listings | ||||
|---|---|---|---|---|
Studio | $1,290 | - | - | |
1 bedroom | $775 | - | 10% | |
2 bedroom | $950 | - | 4% | |
3 bedroom | $1,159 | - | 24% | |
4 bedroom | $1,400 | - | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Central Michigan University, MI.
Listings | ||||
|---|---|---|---|---|
Apartments | $907 | - | No Change | |
Condos | $1,450 | - | - | |
Houses | $1,420 | - | No Change |
Studio
Average rent
$1,290
1 bedroom
Average rent
$775
Last year
10%
2 bedroom
Average rent
$950
Last year
4%
3 bedroom
Average rent
$1,159
Last year
24%
4 bedroom
Average rent
$1,400
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Central Michigan University, MI.
Apartments
Average rent
$907
Condos
Average rent
$1,450
Houses
Average rent
$1,420
The table above reflects average rent prices in Central Michigan University, 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 Central Michigan University, MI
7h ago
Verified
1441 E Broomfield St, Mount Pleasant, MI 48858
1–2 beds
1 bath
$391
Apartment for rent
2d ago
Verified
4650 S Isabella Rd, Mount Pleasant, MI 48858
2–3 beds
1–2 baths
$564–$1,304
Price drop
Apartment for rent
Available Jul 2
5d+ ago
109 W Illinois St, Mt Pleasant, MI 48858
2 beds
1 bath
$645
Apartment for rent
1d ago
Verified
815 W Broadway St, Mount Pleasant, MI 48858
1–2 beds
1 bath
$775–$1,050
Apartment for rent
5d+ ago
House for rent in Mt Pleasant
1821 Woods Way, Mt Pleasant, MI 48858
5 beds
4.5 baths
$3,590
House for rent
2d ago
House for rent in Mt Pleasant
981 Meadowbrook Dr, Mt Pleasant, MI 48858
Studio
0 baths
$2,100
$2,000
Price drop
House for rent
5d+ ago
Apartment for rent in Mount Pleasant
706 S Arnold St #1, Mount Pleasant, MI 48858
3 beds
2 baths
$1,950
Apartment for rent
Available Sep 10
2d ago
House for rent in Mt Pleasant
983 Meadowbrook Dr, Mt Pleasant, MI 48858
Studio
0 baths
$1,600
$1,500
Price drop
House for rent
18h ago
Verified
276 S Union St, Shepherd, MI 48883
1 bed
1 bath
$737
Apartment for rent
23h ago
Verified
5100 Cambridge Ln, Mount Pleasant, MI 48858
1–3 beds
1–2 baths
$879–$1,159
Apartment for rent
Available Jun 1
1d ago
Verified
815 W Broadway St, Mount Pleasant, MI 48858
1–2 beds
1 bath
$775–$1,050
Apartment for rent
7h ago
Verified
1441 E Broomfield St, Mount Pleasant, MI 48858
1–2 beds
1 bath
$391
Apartment for rent
18h ago
Verified
276 S Union St, Shepherd, MI 48883
1 bed
1 bath
$737
Apartment for rent
19h ago
Verified
5100 Cambridge Lane, Mount Pleasant, MI 48858
1 bed
1 bath
Call for price
Apartment for rent
Available Apr 23
23h ago
Verified
4608 S Isabella Rd, Mt Pleasant, MI 48858
1–2 beds
1 bath
$753–$1,129
Apartment for rent
Available May 1
2d ago
Verified
4650 S Isabella Rd, Mount Pleasant, MI 48858
2–3 beds
1–2 baths
$564–$1,304
Price drop
Apartment for rent
Available Jul 2
19h ago
Verified
5100 Cambridge Lane, Mount Pleasant, MI 48858
1 bed
1 bath
Call for price
Apartment for rent
Available Apr 23
23h ago
Verified
5100 Cambridge Ln, Mount Pleasant, MI 48858
3 beds
2 baths
$1,159
Apartment for rent
Available Jun 1
23h ago
Verified
4608 S Isabella Rd, Mt Pleasant, MI 48858
2 beds
1 bath
$753–$1,129
Apartment for rent
Available May 1
2d ago
Verified
4650 S Isabella Rd, Mount Pleasant, MI 48858
2 beds
1 bath
$564–$1,129
Price drop
Apartment for rent
Available Jul 2
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Frequently asked questions for Central Michigan University, MI
Quick answers to common questions about the Shepherd rental market.
How much is rent in Shepherd?
The average rent in Shepherd is $950 per month as of September 12, 2026.
Is rent up or down in Shepherd?
Average rent prices in Shepherd have increased by 13% since last year.
How does Shepherd rent compare to the national average?
Rent in Shepherd is 50% below the national average, which means renters are paying approximately $950 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 $38,000/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).