City Report · MI

Canton

·14th most expensive in Michigan·Rental market data updated monthly for Canton, MI
Median rent (all units)
$1,904/mo
Year-over-Year
+3.9%
Month-over-Month
+0.3%
vs US Median
-$28
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Canton · $1,904
More expensive than 54% of US cities · National median $1,932/mo
Rent Reality Score
60/100
Good value
OverheatedFairGreat value

Rents are 5% below what Canton's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,904/mo
Expected by trend
$2,000/mo
The Rent Reality Score compares today's median rent to where Canton's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,250
1 BR
$1,380
2 BR
$1,740
3 BR
$2,130
4 BR+
$2,305
Fair Market Rent (HUD)
$1,740/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,904 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in Canton usually run 0.8% below trend in December and 0.8% above it in July, about $30 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in Canton is at its highest level since Zillow's records here began in April 2016.

Past year vs. the rest of Michigan

Rent in Canton changed +3.9% over the year to September 2026. Across the 79 Michigan cities Zillow tracks, the typical change was +4.1%.

Recent direction

Rent rose in 11 of the last 12 months.

Cheaper nearby

Wayne, 5 miles away, rents for 39% less ($1,166/mo), about $8,900 a year in savings.

From Zillow's monthly rent index (ZORI) for Canton. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series.

Annual cost
$22,848/yr
At $1,904/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.9% YoY, +0.3% MoM), not inventory.
Rent check

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2021 vs 2026

How Canton, MI has changed in 5 years

Rent
$1,472 → $1,904
up 29.3%

Rent in Canton, MI has climbed 29.3% since 2021, going from about $1,472 per month to roughly $1,904 today. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Canton, MI market of 2021.

Community

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View Canton rent history (2015–2026) →
Salary vs rent

Can you afford rent in Canton on your salary?

At $1,904/mo, how Canton rent compares to typical pay (30% rule).

By apartment size

Canton rent by bedroom count

Median rent for each apartment size in Canton. Click any size for full breakdown.

Local insights

Tips for renters in Canton

About renting in Canton, MI

Last updated: October 17, 2026

The median rent in Canton is $1,904/mo as of October 2026. A studio apartment averages $1,250/mo while a 2-bedroom runs $1,740/mo. One-bedroom apartments average $1,380/mo and 3-bedroom units go for $2,130/mo.

At 32% of estimated US median household income ($72,000/yr), Canton ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Canton?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,904/mo in Canton.

Is rent going up or down in Canton?

Rent in Canton has risen 3.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2016.

When is the cheapest time to rent in Canton?

Asking rents in Canton are usually lowest in December, about 0.8% below their yearly trend, and highest in July, about 0.8% above it. At today's median that is a gap of roughly $30 a month. This pattern comes from 9 years of Zillow rent data.

Which Canton neighborhoods have the lowest rent?

The most affordable ZIP codes in Canton are 48187 ($1,875/mo), and 48188 ($1,974/mo). Citywide, the median rent is $1,904/mo.

How does Canton rent compare to other cities in Michigan?

Canton is one of the pricier among Michigan cities for rent, ranking #14 of 100 tracked cities at $1,904/mo. Over the year to September 2026, rent in Canton changed +3.9%, against a typical +4.1% across the 79 Michigan cities Zillow tracks.

Which nearby cities are cheaper to rent in than Canton?

Nearby cities with lower median rent than Canton ($1,904/mo) include Wayne ($1,166/mo), Westland ($1,301/mo), and Romulus ($1,325/mo).
Income Affordability
32%
MODERATE

At $1,904/mo, rent takes ~32% of US median household income ($72,000/yr). The standard benchmark is 30%.

Canton 32%Benchmark 30%
State income tax4.25%
Run the Canton affordability calculator →
Lowest-rent ZIP codes in Canton
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Canton, MI

Recent submissions

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