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16 2 Bedroom Apartments for rent in Muskegon, MI

Last updated May 23 at 9:18pm UTC
1879 Jefferson St
Marsh Field
Muskegon, MI
Updated May 23 at 5:41pm UTC
2 Bedrooms
$625
751 Leonard Avenue
Jackson Hill
Muskegon, MI
Updated May 22 at 12:29pm UTC
2 Bedrooms
$625
1780 Ray St.
Marsh Field
Muskegon, MI
Updated May 18 at 10:21am UTC
2 Bedrooms
$750
2939 Fairfield St
Norton Shores
Norton Shores, MI
Updated May 23 at 9:58am UTC
2 Bedrooms
$875
1343 E Broadway Ave.
Norton Shores
Norton Shores, MI
Updated May 22 at 12:26pm UTC
2 Bedrooms
$775
Results within 1 miles of Muskegon, MI
1129 Washington Ave
Nims
Muskegon, MI
Updated May 17 at 9:46am UTC
2 Bedrooms
$675
1951 Hoyt St.
Marsh Field
Muskegon, MI
Updated May 12 at 10:10am UTC
2 Bedrooms
$750
Results within 5 miles of Muskegon, MI
908 Emerson Ave
Oakview
Muskegon, MI
Updated April 25 at 9:57am UTC
2 Bedrooms
$650
15118 Hickory St
Spring Lake
Spring Lake, MI
Updated May 22 at 12:25pm UTC
2 Bedrooms
$800
Results within 10 miles of Muskegon, MI
Elwood Street
Marsh Field
Muskegon, MI
Updated May 23 at 3:06pm UTC
2 Bedrooms
$650
5th Street
Muskegon
Muskegon, MI
Updated April 6 at 7:30am UTC
2 Bedrooms
$600
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May 2018 Muskegon Rent Report

Welcome to the May 2018 Muskegon Rent Report. Muskegon rents remained steady over the past month. In this report, we'll evaluate trends in the Muskegon rental market, including comparisons to cities throughout the state and nation.

View full Muskegon Rent Report
Rent Report
Muskegon

May 2018 Muskegon Rent Report

Welcome to the May 2018 Muskegon Rent Report. Muskegon rents remained steady over the past month. In this report, we'll evaluate trends in the Muskegon rental market, including comparisons to cities throughout the state and nation.

Muskegon rent trends were flat over the past month

Over the past month Muskegon rents have remained steady. Currently, median rents in Muskegon stand at $550 for a one-bedroom apartment and $740 for a two-bedroom. Muskegon's year-over-year rent growth lags the state and national averages, which both stand at 1.5%.

Rents rising across cities in Michigan

Throughout the past year, rents have remained steady in the city of Muskegon, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in Michigan, 9 of them have seen prices rise. The state as a whole logged rent growth of 1.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Ann Arbor is the most expensive of all Michigan's major cities, with a median two-bedroom rent of $1,290; of the 10 largest cities in the state that we have data for, Flint, where a two-bedroom goes for $720, is the only major city to see rents fall year-over-year (-0.9%).
  • Warren, Ann Arbor, and Grand Rapids have all experienced year-over-year growth above the state average (7.8%, 3.1%, and 2.8%, respectively).

Muskegon rents more affordable than many large cities nationwide

Rent growth in Muskegon has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Muskegon is still more affordable than most large cities across the country.

  • Muskegon's median two-bedroom rent of $740 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the stagnant growth in Muskegon.
  • While rents in Muskegon remained moderately stable this year, similar cities saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%); note that median 2BR rents in these cities go for $1,030, $1,170, and $1,320 respectively.
  • Renters will find more reasonable prices in Muskegon than most large cities. For example, San Francisco has a median 2BR rent of $3,060, which is more than four times the price in Muskegon.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.