Median rent for residential apartments in Bay City, MI as of Jan, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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8 Bay City, MI, USA apartments for rent
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Bay City
Bay City, MI has a population of 33,736, while the median age is 37. The household income in Bay City, MI is around $36,263. The homeownership rate among the residents is 70%. The median residential property value in Bay City, MI that you should keep in mind is $67,100.
| Population | 33,736 |
| Median Age | 37 |
| Poverty Rate | 22% |
| Household Income | $36,263 |
| Number Of Employees | 14,504 |
| Median Property Value | $67,100 |
Housing Trends
How much is an apartment in Bay City, MI, USA
Average apartment rent in Bay City: $750 (-33%)
| Rent Price | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $650 | N/A |
| 2-bed apartments | $850 | +21.4% |
Over the Jan 2023, the average rent for an apartment in/near Bay City, MI decreased by 33% to $750.
The average price for a rental studio in Bay City, MI has remained the same as last month and equals $650. Breaking it down in details, we now see that the average price for 1-bed apartment stands at $500 with no changes this month. Pricing for 2-bed apartment also increased by 21.4% and a place of this size will now cost you $850. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,525. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,349 for a big-family home.
| Rent Type Price | Jan | vs Last Month |
|---|---|---|
| Houses for rent | $750 | -29.4% |
Looking at the median rent price for an apartment in Bay City, MI, you can note that it remains flat with a price tag of $1,349. Statistics show that house rent price decreased by 29.4% this month making it up to $750.
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