Average Rent in South Lyon, MI and Rent Price Trends

Rent trends in South Lyon, MI

Average rent prices in South Lyon have decreased by 8% over the last month and have increased by 21% 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 $1,619, whereas a house costs $2,500. 1-bedroom apartments in South Lyon run $1,359 on average, while 2-bedroom apartments are $1,500.


Studio	$940	-	1%
1 bedroom	$1,289	3%	5%
2 bedroom	$2,100	1%	22%
3 bedroom	$2,700	3%	50%
4 bedroom	$3,800	3%	4%

		Listings
Downtown South Lyon	$2,345


Apartments	$1,619	2%	No Change
Condos	$2,200	8%	No Change
Houses	$2,500	4%	No Change

Studio

Average rent

$940

Last year

1 bedroom

Average rent

$1,289

Last 30 days

Last year

2 bedroom

Average rent

$2,100

Last 30 days

Last year

22%

3 bedroom

Average rent

$2,700

Last 30 days

Last year

50%

4 bedroom

Average rent

$3,800

Last 30 days

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$1,950

Equal to the the national median

Median rent price$2,200

13%

higher than the national median

Takeaway

The median rent for all rentals in South Lyon, MI is 11% lower than the median rent in Chelsea, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,200

$2,700

$1,725

$1,300

$1,500

$1,800

$1,299

$2,500

$1,757

$1,096

Township Hall Information 2525 Joslyn Road Lake Orion

$1,550

$2,000

Discover rentals in South Lyon, MI

1d ago

Very good

Donovan Townhomes

425 Donovan St, South Lyon, MI 48178

2–3 beds

1 bath

$1,500–$1,675

Apartment for rent

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 $1,950 per month as of July 18, 2026.

Is rent up or down in South Lyon?

Average rent prices in South Lyon have decreased by 8% over the last month and have increased by 21% since last year.

How does South Lyon rent compare to the national average?

Rent in South Lyon is roughly the same as the national average.

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

To comfortably afford rent in South Lyon, you'd need to earn approximately $78,000/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?

Based on our current listings, utilities-included rentals are extremely rare in South Lyon, appearing in just 0.02% of available apartments across all bedroom types.

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).