Last updated on July 21, 2026

Average rent in
Olivet, MI

Median rent

Median rent in Olivet

$900/mo

decreased by3%

vs previous year

The average rent in Olivet is $900 per month as of July 2026. This is 54% below the national average rent, or $1,045 less per month.

$1.59

average price per square foot

Total rentals

Available rentals in Olivet

14

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Olivet rentals at each price point

90%68%45%23%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 Olivet, MI, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Olivet, MI

Average rent prices in Olivet have remained the same over the last month and have decreased 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 Olivet, MI

Rent prices in Olivet vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Olivet is $872, whereas a house costs $1,550. 1-bedroom apartments in Olivet run $825 on average, while 2-bedroom apartments are $950.

Listings

Studio

$609

-

-

1 bedroom

$835

No Change

No Change

2 bedroom

$987

No Change

3%

3 bedroom

$1,229

No Change

14%

4 bedroom

$1,850

5%

-

Studio

Average rent

$609

1 bedroom

Average rent

$835

Last 30 days

No Change

Last year

No Change

2 bedroom

Average rent

$987

Last 30 days

No Change

Last year

3%

3 bedroom

Average rent

$1,229

Last year

14%

4 bedroom

Average rent

$1,850

Last 30 days

5%

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

Compare median rent prices in Olivet and Albion by all bedroom counts and property types.

Olivet

Median rent price$900
decreased by54%

lower than the national median

Median rent price$975
decreased by50%

lower than the national median

Takeaway

The median rent for all rentals in Olivet, MI is 8% lower than the median rent in Albion, MI.

Discover rentals in Olivet, MI

Shannon Apartments (Shannon Apartments LLC) - Photo 1 of 1

5d+ ago

8.3

Very good

Shannon Apartments (Shannon Apartments LLC)

624 Spruce St, Olivet, MI 49076

1–2 beds

1 bath

$875–$975

Apartment for rent

110 S Main St #110 - Photo 1 of 1
New construction

5d+ ago

Apartment for rent in Olivet

2 bedroom apartment in the heart of Olivet

110 S Main St #110, Olivet, MI 49076

2 beds

1 bath

$950

Apartment for rent

Available Jun 2

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Frequently asked questions for Olivet, MI

Quick answers to common questions about the Olivet rental market.

How much is rent in Olivet?

The average rent in Olivet is $900 per month as of July 18, 2026.

Is rent up or down in Olivet?

Average rent prices in Olivet have remained the same over the last month and have decreased by 3% since last year.

How does Olivet rent compare to the national average?

Rent in Olivet is 54% below the national average, which means renters are paying approximately $1,045 less per month.

What salary do I need to afford rent in Olivet?

To comfortably afford rent in Olivet, you'd need to earn approximately $36,000/year, based on spending no more than 30% of your income on rent.

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

Based on our current listings, Olivet welcomes pet owners with 89% of rental apartments allowing pets. With an average of 9 listings available monthly, this works out to about 8 pet-friendly apartments each month.

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).

Apartments for rent in Albion