City Report · MI

Greenville

Pop. 8,995·37th most expensive in Michigan·Rental market data updated monthly for Greenville, MI
Median rent (all units)
$1,638/mo
Year-over-Year
Stable
Month-over-Month
-18.1%
vs US Median
-$294
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Greenville · $1,638
More affordable than 66% of US cities · National median $1,932/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,638/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$66,000/yr
Local median income
$63,285/yr
Based on the 30%-of-income rule using Greenville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$990
1 BR
$1,030
2 BR
$1,240
3 BR
$1,610
4 BR+
$1,770
Fair Market Rent (HUD)
$1,240/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,638 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

What a typical income covers

30% of the median household income ($63,285) is $1,582 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,240); a 3-bedroom is $1,610.

From Zillow's monthly rent index (ZORI) for Greenville. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,656/yr
At $1,638/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -18.1% MoM), not inventory.
Rent check

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Demographics

Who lives here

Greenville, MI is majority owner-occupied, has a large retiree population, has a median income below the national average, 19.7% of residents hold a bachelor's degree or higher.

Population
8,995
Median income
$63,285
Median age
37.5
Renters
39.3%
Age distribution
21.3%
24.3%
22.8%
22%
Under 1821.3%
18–3424.3%
35–5422.8%
55–649.6%
65+22%
Gender
45.9%
54.1%
Male45.9%
Female54.1%
Race & ethnicity
89.3%
White89.3%
Hispanic7.3%
Other2.6%
Education (25+)
12.7%
30.3%
37.3%
19.7%
No HS diploma12.7%
HS diploma30.3%
Some college37.3%
Bachelor's+19.7%
Housing tenure
60.7%
39.3%
Owner60.7%
Renter39.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Greenville, MI has changed in 5 years

Income
$43,348 → $63,285
up 46.0%
Population
9,057 → 8,995
down 0.7%
Renter share
38.5% → 39.3%
+0.8 pts
Bachelor's+
16.3% → 19.7%
+3.4 pts
Median age
38.3 → 37.5
-0.8 yrs

Census figures show median household income at $63,285 today, compared with $43,348 five years earlier. Bachelor's-degree-or-higher attainment moved from 16.3% to 19.7% across the same window.

Community

Discussions about Greenville

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

Can you afford rent in Greenville on your salary?

At $1,638/mo, how Greenville rent compares to typical pay (30% rule).

By apartment size

Greenville rent by bedroom count

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

Local insights

Tips for renters in Greenville

About renting in Greenville, MI

Last updated: October 17, 2026

The median rent in Greenville is $1,638/mo as of October 2026. A studio apartment averages $990/mo while a 2-bedroom runs $1,240/mo. One-bedroom apartments average $1,030/mo and 3-bedroom units go for $1,610/mo.

At 31% of local median household income ($63,285/yr), Greenville ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Greenville?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,638/mo in Greenville. The local median household income is $63,285/yr, so the typical household falls short of that bar.

Is rent going up or down in Greenville?

Rent in Greenville has been roughly flat over the past year, a 0.0% change.

How does Greenville rent compare to other cities in Michigan?

Greenville is in the middle among Michigan cities for rent, ranking #37 of 100 tracked cities at $1,638/mo.

Which nearby cities are cheaper to rent in than Greenville?

Nearby cities with lower median rent than Greenville ($1,638/mo) include Northview ($1,289/mo), Walker ($1,492/mo), and Wyoming ($1,555/mo).
Income Affordability
31%
MODERATE

At $1,638/mo, rent takes ~31% of Greenville's median household income ($63,285/yr). The standard benchmark is 30%.

Greenville 31%Benchmark 30%
State income tax4.25%
Run the Greenville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Greenville, MI

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