Last updated on June 6, 2026

Average rent in
Olivet, MI

Median rent

Median rent in Olivet

$875/mo

decreased by4%

vs previous year

The average rent in Olivet is $875 per month as of June 2026. This is 55% below the national average rent, or $1,075 less per month.

$1.45

average price per square foot

Total rentals

Available rentals in Olivet

13

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Olivet rentals at each price point

75%56%38%19%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 increased by 4% over the last month and have decreased by 4% 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 $945, whereas a house costs $1,475. 1-bedroom apartments in Olivet run $825 on average, while 2-bedroom apartments are $950.

Listings

Studio

$659

-

-

1 bedroom

$885

3%

4%

2 bedroom

$975

2%

13%

3 bedroom

$1,000

No Change

45%

4 bedroom

$2,400

5%

-

Studio

Average rent

$659

1 bedroom

Average rent

$885

Last 30 days

3%

Last year

4%

2 bedroom

Average rent

$975

Last 30 days

2%

Last year

13%

3 bedroom

Average rent

$1,000

Last year

45%

4 bedroom

Average rent

$2,400

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$875
decreased by55%

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 10% lower than the median rent in Albion, MI.

Discover rentals in Olivet, MI

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

3d 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

Creekside Apartments (Olivet HS, LLC) - Photo 1 of 1

4d ago

8.8

Very good

Creekside Apartments (Olivet HS, LLC)

350 Church St, Olivet, MI 49076

1–2 beds

1 bath

$825–$925

Apartment for rent

108 S Main St - Photo 1 of 1
New construction

2d ago

Apartment for rent in Olivet

1 bedroom Apartment in the heart of Olivet

108 S Main St, Olivet, MI 49076

1 bed

1 bath

$850

Apartment for rent

Available Aug 1

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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 $875 per month as of June 4, 2026.

Is rent up or down in Olivet?

Average rent prices in Olivet have increased by 4% over the last month and have decreased by 4% since last year.

How does Olivet rent compare to the national average?

Rent in Olivet is 55% below the national average, which means renters are paying approximately $1,075 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 $35,000/year, based on spending no more than 30% of your income on rent.

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

Olivet offers excellent options for pet owners, with pet-friendly policies available across the rental market. Many properties welcome multiple pet types, ensuring renters can find suitable housing for their furry companions.

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