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City Report · MI

Plymouth

Pop. 9,214·20th most expensive in Michigan·Rental market data updated monthly for Plymouth, MI
Median rent (all units)
$1,859/mo
Year-over-Year
+1.3%
Month-over-Month
-0.5%
vs US Median
-$106
Stable (Monthly)
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Most AffordableMost Expensive
Plymouth · $1,859
More expensive than 50% of US cities · National median $1,965/mo
Rent Reality Score
53/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Plymouth's 10-year trend predicts.

Actual rent
$1,859/mo
Expected by trend
$1,891/mo
The Rent Reality Score compares today's median rent to where Plymouth's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,100
1 BR
$1,120
2 BR
$1,360
3 BR
$1,660
4 BR+
$1,810
Research median
$1,360/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$22,308/yr
At $1,859/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.3% YoY, -0.5% MoM), not inventory.
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Demographics

Who lives here

Plymouth, MI is majority owner-occupied, has a median income above the national average, 64.4% of residents hold a bachelor's degree or higher.

Population
9,214
Median income
$112,145
Median age
44.5
Renters
30.8%
Age distribution
20.7%
17.7%
29.3%
14.9%
17.3%
Under 1820.7%
18–3417.7%
35–5429.3%
55–6414.9%
65+17.3%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
88.9%
White88.9%
Black3.2%
Hispanic2.8%
Asian1.8%
Other3.3%
Education (25+)
13.7%
19.1%
64.4%
No HS diploma2.8%
HS diploma13.7%
Some college19.1%
Bachelor's+64.4%
Housing tenure
69.2%
30.8%
Owner69.2%
Renter30.8%

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

2022 vs 2026

How Plymouth, MI has changed in 5 years

Rent
$1,513 → $1,859
up 22.9%
Income
$96,250 → $112,145
up 16.5%
Population
9,308 → 9,214
down 1.0%
Renter share
33.9% → 30.8%
-3.1 pts
Bachelor's+
60% → 64.4%
+4.4 pts
Median age
45.7 → 44.5
-1.2 yrs

Since 2022, the typical rent in Plymouth, MI has increased from $1,513 to $1,859, a 22.9% change over five years. Local incomes tracked alongside that move, going from a median of $96,250 in 2021 to $112,145 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.0% since 2021, moving from about 9,308 residents to roughly 9,214. Renters now make up 30.8% of households, compared with 33.9% five years ago. College-educated residents now make up 64.4% of adults here, versus 60% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Plymouth, MI market of 2022.

Community

Discussions about Plymouth

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

Can you afford rent in Plymouth on your salary?

At $1,859/mo, how Plymouth rent compares to typical pay (30% rule).

By apartment size

Plymouth rent by bedroom count

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

Local insights

Tips for renters in Plymouth

About renting in Plymouth, MI

Last updated: July 20, 2026

The median rent in Plymouth is $1,859/mo as of July 2026. A studio apartment averages $1,100/mo while a 2-bedroom runs $1,360/mo. One-bedroom apartments average $1,120/mo and 3-bedroom units go for $1,660/mo.

At 20% of local median household income ($112,145/yr), Plymouth ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.

FAQ

Frequently asked questions

Is Plymouth an affordable city for renters?

Plymouth is considered very affordable for renters. At $1,859/mo, rent takes approximately 20% of the local median household income ($112,145/yr). The standard benchmark is 30%. Plymouth falls comfortably within that range.

How much income do you need to rent in Plymouth?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,859/mo in Plymouth. The local median household income is $112,145/yr, meaning the typical Plymouth household meets that threshold.

Is rent going up or down in Plymouth?

Rent in Plymouth has increased 1.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Plymouth rent compare to other cities in Michigan?

Plymouth is one of the pricier cities in Michigan for rent, ranking #20 out of 95 tracked cities at $1,859/mo.

Which nearby cities are cheaper to rent in than Plymouth?

Several nearby cities have lower median rents than Plymouth ($1,859/mo): Ypsilanti ($1,435/mo), Northville ($1,855/mo), Novi ($1,857/mo).

What percentage of Plymouth residents rent vs. own?

According to Census data, approximately 30.8% of Plymouth households are renters, while 69.2% are owner-occupied. Plymouth leans toward homeownership, which can mean a smaller rental inventory.

How does Plymouth rent compare to the national average?

Plymouth's median rent of $1,859/mo is $106 (5%) below the US national median of $1,965/mo. Within Michigan, it ranks #20 out of 95 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $1,859/mo, rent takes ~20% of Plymouth's median household income ($112,145/yr). The standard benchmark is 30%.

Plymouth 20%Benchmark 30%
State income tax4.25%
Run the Plymouth affordability calculator →
Lowest-rent ZIP codes in Plymouth
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Plymouth, MI

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