Lux off Washington
1305 Washington Ave,
Bay City, MI 48708
Studio - 1 Bed | $800 - $1,000
Rental Market Trends in Bay City, MI
What is the average rent in Bay City, MI?
$716/month
Average Rent
669 Sq Ft
Average Apartment Size
-0.5%
Decrease in the Last Year
As of February 2025, the average rent in Bay City, MI is $716 per month. This is 54% lower than the national average rent of $1,555/month, making renting in Bay City more affordable than most cities in the US. When you rent an apartment in Bay City, you can expect to pay about $727 per month for a studio, $716 for a one-bedroom apartment, and around $957 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,323 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Bay City, MI?
In the past year, rent has decreased by 0.5%, which averages out to $3 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Bay City, MI
Last Updated February 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
20%
Below $700/month
60%
$700 - $1,000/month
10%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
10%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Bay City?
Based on current rent prices, Uptown Bay City and Downtown Bay City" are the most affordable neighborhoods in Bay City.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Bay City?
Based on current rent prices, Downtown Bay City and Uptown Bay City" are the most expensive neighborhoods in Bay City.
Neighborhood
Average Rent
Average Sq Ft
Which Bay City neighborhoods have the most rentals available?
The neighborhoods in Bay City with the most apartments available are Downtown Bay City and Uptown Bay City" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Bay City, MI?
Because the average rent in Bay City is $716, you’ll want to make about $2,386 per month or $28,632 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Bay City, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Bay City, MI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$853/month
One Bedroom
-
-
Two Bedroom
$2,065/month
$4,726/month
Three Bedroom
-
-
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.