Temperance, MI Rental Market Trends
Highlights
The average rent for an apartment in Temperance is $1,147, a 13% decrease compared to the previous year, when the average rent was $1,319.
Average Rent in Temperance, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,147 | -13% | 1,093 sq. ft. |
The average size for a Temperance, MI apartment is 1,093 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.
Temperance, MI Apartment Rent Ranges
- $701-$1,00043%
- $1,001-$1,50055%
- $1,501-$2,0002%
Temperance, MI Occupied Housing Units
- Renter-occupied Households29%
- Owner-occupied Households70%
1,035 or 29% of the households in Temperance, MI are renter-occupied while 2,508 or 70% are owner-occupied.
Temperance, MI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Temperance, MI | $1,324 | $1,324 | $1,390 | $1,351 | $1,304 | $1,319 | $1,464 | $1,330 | $1,147 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How Temperance Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,138 | 5% |
| Detroit | $1,091 | 2% |
| Ann Arbor | $1,582 | n/a |
| Northwest Ohio | $802 | 2% |
| East Lansing | $1,306 | 2% |
| Lansing | $908 | 4% |
| Toledo | $749 | 2% |
| Perrysburg | $1,025 | -1% |
| Monroe | $794 | 4% |
| Milan | $917 | 4% |
| Temperance | $1,147 | -13% |
For more information about the Temperance rental trends, check out our monthly rent report
Check out Michigan Cities, Michigan Neighborhoods and Michigan Zip Codes for more details on verified listings, including the Michigan Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!