City Report · MI

Ypsilanti

Pop. 19,857·79th most expensive in Michigan·One of the most affordable rental markets in the US
Median rent (all units)
$1,296/mo
Year-over-Year
+2.4%
Month-over-Month
+0.3%
vs US Median
-$636
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Ypsilanti · $1,296
More affordable than 88% of US cities · National median $1,932/mo
Rent Reality Score
60/100
Good value
OverheatedFairGreat value

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

Actual rent
$1,296/mo
Expected by trend
$1,367/mo
The Rent Reality Score compares today's median rent to where Ypsilanti's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,150
2 BR
$1,370
3 BR
$1,655
4 BR+
$1,840
Fair Market Rent (HUD)
$1,370/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,296 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

Compared with the peak

Rent in Ypsilanti is 0.7% below its high of $1,305 in June 2026, at $1,296 as of September 2026.

Past year vs. the rest of Michigan

Rent in Ypsilanti changed +2.4% over the year to September 2026. Across the 79 Michigan cities Zillow tracks, the typical change was +4.1%.

Rent vs. income since 2019

From 2019 to 2024, rent in Ypsilanti rose 34.2% while median household income rose 18.4% ($39,332 to $46,588). Rent outpaced income.

Since before the pandemic

Rent in Ypsilanti is 37.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($46,588) is $1,165 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,150); a 2-bedroom is $1,370.

Cheaper nearby

Wayne, 11 miles away, rents for 10% less ($1,166/mo), about $1,600 a year in savings.

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

Annual cost
$15,552/yr
At $1,296/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.4% YoY, +0.3% MoM), not inventory.
Rent check

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Demographics

Who lives here

Ypsilanti, MI is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 46.9% of residents hold a bachelor's degree or higher.

Population
19,857
Median income
$46,588
Median age
27.7
Renters
66.8%
Age distribution
14.8%
49.4%
18.9%
Under 1814.8%
18–3449.4%
35–5418.9%
55–647.2%
65+9.7%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
57.3%
24.9%
White57.3%
Black24.9%
Hispanic9%
Asian5.2%
Other3.7%
Education (25+)
16.8%
30.6%
46.9%
No HS diploma5.8%
HS diploma16.8%
Some college30.6%
Bachelor's+46.9%
Housing tenure
33.2%
66.8%
Owner33.2%
Renter66.8%

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

2021 vs 2026

How Ypsilanti, MI has changed in 5 years

Rent
$980 → $1,296
up 32.2%
Income
$40,256 → $46,588
up 15.7%
Population
20,448 → 19,857
down 2.9%
Renter share
65.9% → 66.8%
+0.9 pts
Bachelor's+
43% → 46.9%
+3.9 pts
Median age
25.7 → 27.7
+2.0 yrs

Rent in Ypsilanti, MI has climbed 32.2% since 2021, going from about $980 per month to roughly $1,296 today. Household income in the area moved from $40,256 to $46,588 across the same window, up 15.7% versus 2021. Rent outpaced income growth by roughly 16.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 20,448 to 19,857 between 2021 and 2024, a 2.9% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 43% to 46.9%. Reading these numbers side by side helps frame whether current listings in Ypsilanti, MI look reasonable against where the market sat half a decade ago.

Community

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

Can you afford rent in Ypsilanti on your salary?

At $1,296/mo, how Ypsilanti rent compares to typical pay (30% rule).

By apartment size

Ypsilanti rent by bedroom count

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

Local insights

Tips for renters in Ypsilanti

About renting in Ypsilanti, MI

Last updated: October 17, 2026

The median rent in Ypsilanti is $1,296/mo as of October 2026. A studio apartment averages $1,130/mo while a 2-bedroom runs $1,370/mo. One-bedroom apartments average $1,150/mo and 3-bedroom units go for $1,655/mo.

At 33% of local median household income ($46,588/yr), Ypsilanti ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Ypsilanti?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,296/mo in Ypsilanti. The local median household income is $46,588/yr, so the typical household falls short of that bar.

Is rent going up or down in Ypsilanti?

Rent in Ypsilanti has risen 2.4% over the past year as of September 2026. It sits 0.7% below its high of $1,305 in June 2026.

Has rent outpaced income in Ypsilanti?

Yes. From 2019 to 2024, rent in Ypsilanti rose 34.2% while median household income rose 18.4%, from $39,332 to $46,588. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Ypsilanti neighborhoods have the lowest rent?

The most affordable ZIP codes in Ypsilanti are 48197 ($1,227/mo), and 48198 ($1,640/mo). Citywide, the median rent is $1,296/mo.

How does Ypsilanti rent compare to other cities in Michigan?

Ypsilanti is one of the more affordable among Michigan cities for rent, ranking #79 of 100 tracked cities at $1,296/mo. Over the year to September 2026, rent in Ypsilanti changed +2.4%, against a typical +4.1% across the 79 Michigan cities Zillow tracks.
Income Affordability
33%
MODERATE

At $1,296/mo, rent takes ~33% of Ypsilanti's median household income ($46,588/yr). The standard benchmark is 30%.

Ypsilanti 33%Benchmark 30%
State income tax4.25%
Run the Ypsilanti affordability calculator →
Lowest-rent ZIP codes in Ypsilanti
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Ypsilanti, MI

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