Average Rent in South Lyon, MI and Rent Price Trends

Rent trends in South Lyon, MI

Average rent prices in South Lyon have increased by 2% over the last month and have increased by 23% 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
South Lyon, MI

Rent prices in South Lyon vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in South Lyon is $1,500, whereas a house costs $2,949. 1-bedroom apartments in South Lyon run $1,450 on average, while 2-bedroom apartments are $1,500.


Studio	$940	-	-
1 bedroom	$1,419	No Change	12%
2 bedroom	$1,600	2%	9%
3 bedroom	$2,150	2%	18%
4 bedroom	$3,490	No Change	5%

		Listings
Downtown South Lyon	$2,300


Apartments	$1,500	2%	No Change
Condos	$2,100	8%	No Change
Houses	$2,949	1%	No Change

Studio

Average rent

$940

1 bedroom

Average rent

$1,419

Last year

12%

2 bedroom

Average rent

$1,600

Last 30 days

Last year

3 bedroom

Average rent

$2,150

Last 30 days

Last year

18%

4 bedroom

Average rent

$3,490

Last 30 days

No Change

Last year

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

Compare median rent prices in South Lyon and Chelsea by all bedroom counts and property types.

South Lyon

Median rent price$2,000

higher than the national median

Median rent price$2,360

21%

higher than the national median

Takeaway

The median rent for all rentals in South Lyon, MI is 15% lower than the median rent in Chelsea, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,360

$2,199

$1,535

$1,122

$1,119

$1,537

$1,199

$2,300

$2,100

$1,074

Township Hall Information 2525 Joslyn Road Lake Orion

$2,239

$1,764

Discover rentals in South Lyon, MI

3d ago

8.4

Very good

151 East McHattie Street

151 E Mchattie St, South Lyon, MI 48178

2 beds

1 bath

$1,300

Apartment for rent

5d+ ago

Condo for rent in South Lyon

TOWNHOME - Ranch - South Lyon, MI

204 Princeton Dr, South Lyon, MI 48178

2 beds

1 bath

$1,350

Condo for rent

3d ago

8.3

Very good

Donovan Townhomes

425 Donovan St, South Lyon, MI 48178

2–3 beds

1 bath

$1,500–$1,700

Apartment for rent

11222 Shady Brook Ct #367 - Photo 1 of 1

5d+ ago

Verified

Woodland Ridge

11222 Shady Brook Ct #367, South Lyon, MI 48178

4 beds

2 baths

$1,549

House for rent

5d+ ago

Apartment for rent in South Lyon

$1,700 - 3 Bedroom 1 Bathroom Apartment In Downtown South Lyon

113 W Liberty St #1, South Lyon, MI 48178

3 beds

1 bath

$1,700

Apartment for rent

Available Jun 1

5d+ ago

Condo for rent in South Lyon

SINGLE_FAMILY - Ranch - South Lyon, MI

429 Cambridge Ave, South Lyon, MI 48178

3 beds

2 baths

$2,100

Condo for rent

5d+ ago

Verified

401 West Liberty Street, South Lyon, MI 48178

3 beds

2 baths

$2,150

House for rent

Available May 24

5d+ ago

House for rent in South Lyon

58775 Gidran Dr, South Lyon, MI 48178

4 beds

3 baths

$2,800

House for rent

Stay up to date with rental market insights

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Frequently asked questions for South Lyon, MI

Quick answers to common questions about the South Lyon rental market.

How much is rent in South Lyon?

The average rent in South Lyon is $2,000 per month as of June 6, 2026.

Is rent up or down in South Lyon?

Average rent prices in South Lyon have increased by 2% over the last month and have increased by 23% since last year.

How does South Lyon rent compare to the national average?

Rent in South Lyon is 3% above the national average, which means renters are paying approximately $50 more per month.

What salary do I need to afford rent in South Lyon?

To comfortably afford rent in South Lyon, you'd need to earn approximately $80,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in South Lyon?

South Lyon rental properties typically do not include utilities as part of the rent package. Based on current listings, utilities are included in 0% of available apartments across all bedroom types, meaning renters should budget separately for electricity, gas, water, and other utility costs.

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).