Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Mount Morris, MI Rental Market Trends
What is the average rent in Mount Morris?
The average rent for an apartment in Mount Morris is $709, a 16% increase compared to the previous year, when the average rent was $611.
Average Rent in Mount Morris, MI
Last updated August 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $709 | 16% | 742 sq. ft. |
What is the average apartment size in Mount Morris?
The average size for a Mount Morris, MI apartment is 742 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.
Mount Morris, MI Apartment Rent Ranges
Mount Morris, MI Occupied Housing Units
490 or 38% of the households in Mount Morris, MI are renter-occupied while 780 or 61% are owner-occupied.
Mount Morris, MI Rent Trends
| Average Rent | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Aug / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Mount Morris, MI | $564 | $596 | $594 | $609 | $604 | $619 | $611 | $620 | $637 | $709 |
| National | $1,348 | $1,357 | $1,362 | $1,394 | $1,401 | $1,403 | $1,394 | $1,397 | $1,404 | $1,482 |
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How Mount Morris Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,193 | 8% |
| Detroit | $1,115 | 3% |
| East Lansing | $1,326 | 3% |
| Lansing | $943 | 8% |
| Ann Arbor | $1,671 | 4% |
| Southfield | $1,134 | 6% |
| Farmington Hills | $1,242 | 7% |
| Pontiac | $897 | 5% |
| Rochester Hills | $1,322 | 13% |
| Novi | $1,332 | 9% |
| Mount Morris | $709 | 16% |
Most Popular Apartments in Mount Morris
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Mount Morris apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.