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Apartments in Algonac

1 - 7 of 7 Results
13
$1,500
194 Merritt
Chatham, ON
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
20
$1,849
5 Sixth St
Chatham, ON
2 BR | Jul. 3, 2024
Contact
Dog Friendly
Cat Friendly
Dishwasher
14
$1,299
215 Park St
Chathamkent, ON
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
15
$1,649
5 Sixth St
Chatham, ON
2 BR | Jul. 3, 2024
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Dog Friendly
Cat Friendly
Dishwasher
6
$1,599
202-130 Park Ave E
Chatham, ON
2 BR | Jun. 3, 2024
Contact
Dog Friendly
Cat Friendly
17
$1,400
27 Queen St
Tilbury, ON
Studio | Available Now
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20
Call for Pricing
6 Helen St
Tillbury, ON
3 BR | Jul. 15, 2024
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Air Conditioning
1 - 7 of 7 Results
  1. Home
  2. Algonac

How much does it cost to rent an apartment in Algonac?

Algonac Apartments
Bed Type Average Rent Range
Studio $1,400 $1,400 - $1,400
1BR $1,250 $1,200 - $1,300
2BR $1,620 $1,500 - $1,850
Frequently Asked Questions

How many apartments are available in Algonac, MI on Rentable.co?

Rentable.co has over 88 apartments available in Algonac.

What is the average rent for a studio apartment in Algonac, MI?

The average rent for a studio apartment in Algonac is around $1,400 per month.

What is the average rent for a one-bedroom apartment in Algonac, MI?

The average rent for a one-bedroom apartment in Algonac is around $1,250 per month.

What is the average rent for a two-bedroom apartment in Algonac, MI?

The average rent for a two-bedroom apartment in Algonac is around $1,620 per month.

How expensive is it to rent an apartment in Algonac, MI?

For a two-bedroom apartment in Algonac, the average rent price is $1,620 per month, which is similar to the national average of $1,620 per month.

Can I afford an apartment for rent in Algonac, MI?

Based on average rent prices in Algonac, to afford a studio apartment you would need an annual household income of $56,000 to live comfortably.

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Algonac:
May Rent Report

Welcome to the May 2024 Algonac Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Algonac rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Algonac and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Algonac average rent prices in the chart below.

Monthly Rent Report

$1,600
$1,200
$800
$400
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Algonac Rent Prices Decrease From April to May

Algonac rent prices decreased over the last month. From April to May, the city experienced a -2.24% decrease for the price of a one-bedroom apartment. The rent price for a Algonac one-bedroom apartments currently stands at $1,180.0.

When we take a look at the two-bedroom comparison from April to May, Algonac experienced a 10.94% increase for the price of a two-bedroom apartment. The rent price for a Algonac two-bedroom apartments currently stands at $1,521.0.

May Prices: Algonac vs. Surrounding Areas

Rent Prices in Algonac and Surrounding Areas

Rent prices have decreased in Algonac over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Algonac suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Algonac suburbs

  • Rents did not decrease in any of the Algonac suburbs.

May 2024 Pricing Trends: Algonac vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Algonac Rent Prices More Affordable Than Major Cities

Rent growth in Algonac over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Algonac average rent prices appear to be relatively affordable for local residents.

The price for a Algonac one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Algonac and surrounding area rent prices, take a look at the complete data set below.

Data set for Algonac and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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