Wyoming, MI Rental Market Trends
Highlights
The average rent for an apartment in Wyoming is $869, a 2% increase compared to the previous year, when the average rent was $850.
Average Rent in Wyoming, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $869 | 2% | 831 sq. ft. |
The average size for a Wyoming, MI apartment is 831 square feet, but this number varies greatly depending on apartment type. 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.
Wyoming, MI Apartment Rent Ranges
- < $5001%
- $501-$70012%
- $701-$1,00071%
- $1,001-$1,50015%
- $1,501-$2,0001%
Wyoming, MI Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Feb / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Wyoming, MI | $801 | $817 | $816 | $816 | $830 | $850 | $824 | $824 | $869 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
Average Rent in Wyoming, MI By Neighborhood
| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | Average Rent | ||||
| Sparta | $702 | ||||
| Greater Sparta | $702 | ||||
| Spencer | $792 | ||||
| Greater Sand Lake | $792 | ||||
| Greater Cedar Springs | $792 | ||||
| Cedar Springs | $792 | ||||
| Algoma | $830 | ||||
| Greater Comstock Park | $834 | ||||
| Comstock Park | $834 | ||||
| Cutlerville | $840 | ||||
| Greater Northview | $842 | ||||
| Greater Cutlerville | $910 | ||||
| Byron Center | $910 | ||||
| Vergennes | $929 | ||||
| Lowell | $929 | ||||
| Greater Lowell | $929 | ||||
| Oakfield | $942 | ||||
| Courtland | $942 | ||||
| Gaines | $944 | ||||
| Kentwood | $944 | ||||
| East Grand Rapids | $971 | ||||
| Grattan | $985 | ||||
| Forest Hills | $1,007 | ||||
| Rockford | $1,038 | ||||
| Grand Rapids Township | $1,089 | ||||
| Greater Caledonia | $1,108 | ||||
| Caledonia | $1,108 | ||||
| Northview | $1,115 | ||||
| Cannon | $1,536 | ||||
The most affordable neighborhoods in Wyoming are Greater Sparta, where the average rent goes for $702/month, Sparta, where renters pay $702/mo on average, and Cedar Springs, where the average rent goes for $792/mo. If you’re looking for other great deals, check out the listings from Greater Cedar Springs ($792), Greater Sand Lake ($792), and Spencer ($792), where the asking prices are below the average Wyoming rent of $869/mo.
The most expensive neighborhoods in Wyoming are Greater Caledonia ($1,108), Northview ($1,115) and Cannon ($1,536).
Wyoming | Rent Comparison by Neighborhood
Rent in Algoma is 9% lower than in Byron Center
Algoma rent is 5% lower than Wyoming average
| Average Rent | $830 |
|---|
Byron Center rent is 5% higher than Wyoming average
| Average Rent | $910 |
|---|
How Does Wyoming Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,089 | 7% |
| Walker | $888 | 4% |
| Kentwood | $944 | 4% |
| Comstock Park | $834 | 8% |
| Grandville | $939 | 10% |
| Northview | $1,115 | 14% |
| Cutlerville | $840 | 4% |
| Wyoming | $869 | 2% |
| Forest Hills | $1,007 | 5% |
| Caledonia | $1,108 | 4% |
For more information about the Wyoming rental trends, check out our monthly rent report