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City Report · MI

Greenville

Pop. 8,995·14th most expensive in Michigan·Rental market data updated monthly for Greenville, MI
Median rent (all units)
$2,000/mo
Year-over-Year
Stable
Month-over-Month
+11.3%
vs US Median
+$38
Rising (Monthly)
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Most AffordableMost Expensive
Greenville · $2,000
More expensive than 59% of US cities · National median $1,962/mo
Affordability
38% of income
MODERATE
0%30% benchmark60%+

At $2,000/mo, rent takes about 38% of the local median household income, slightly above the 30% benchmark.

Income to afford
$80,000/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 $2,000 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: August 17, 2026

Annual cost
$24,000/yr
At $2,000/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +11.3% MoM), not inventory.
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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 $2,000/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: August 17, 2026

The median rent in Greenville is $2,000/mo as of August 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 38% 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

Is Greenville an affordable city for renters?

Greenville is considered moderate for renters. At $2,000/mo, rent takes approximately 38% of the local median household income ($63,285/yr). The standard benchmark is 30%. Greenville slightly exceeds that threshold, so budgeting carefully matters here.

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 $80,000/year (~$38/hour full-time) to afford the median rent of $2,000/mo in Greenville. The local median household income is $63,285/yr, meaning the typical Greenville household falls short of that threshold.

Is rent going up or down in Greenville?

Rent in Greenville has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Greenville rent compare to other cities in Michigan?

Greenville is one of the pricier cities in Michigan for rent, ranking #14 out of 96 tracked cities at $2,000/mo.

Which nearby cities are cheaper to rent in than Greenville?

Several nearby cities have lower median rents than Greenville ($2,000/mo): Northview ($1,348/mo), Walker ($1,523/mo), Grand Rapids ($1,596/mo).

What percentage of Greenville residents rent vs. own?

According to Census data, approximately 39.3% of Greenville households are renters, while 60.7% are owner-occupied. Greenville leans toward homeownership, which can mean a smaller rental inventory.

How does Greenville rent compare to the national average?

Greenville's median rent of $2,000/mo is $38 (2%) above the US national median of $1,962/mo. Within Michigan, it ranks #14 out of 96 tracked cities.
Income Affordability
38%
MODERATE

At $2,000/mo, rent takes ~38% of Greenville's median household income ($63,285/yr). The standard benchmark is 30%.

Greenville 38%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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