Buchanan, MI Rental Market Trends
The average rent for an apartment in Buchanan is $680, a 10% increase compared to the previous year, when the average rent was $618.
Average Rent in Buchanan, MI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$680||10%||680 sq. ft.|
The average size for a Buchanan, MI apartment is 680 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Buchanan, MI Apartment Rent Ranges
- < $5009%
Buchanan, MI Occupied Housing Units
- Renter-occupied Households40%
- Owner-occupied Households59%
741 or 40% of the households in Buchanan, MI are renter-occupied while 1,082 or 59% are owner-occupied.
Buchanan, MI Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Buchanan Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Buchanan rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!