Harmony Lake Apartment Homes
1700 Harmony Lake Dr,
Muskegon, MI 49444
1-2 Beds | $1,395 - $1,785
Rental Market Trends in Muskegon, MI
What is the average rent in Muskegon, MI?
$993/month
Average Rent
640 Sq Ft
Average Apartment Size
+7.1%
Increase in the Last Year
As of December 2024, the average rent in Muskegon, MI is $993 per month. This is 36% lower than the national average rent of $1,560/month, making renting in Muskegon more affordable than most cities in the US. When you rent an apartment in Muskegon, you can expect to pay about $761 per month for a studio, $993 for a one-bedroom apartment, and around $1,237 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,383 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 Muskegon, MI?
In the past year, rent has increased by 7.1%, which averages out to $71 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Muskegon, MI
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
19%
Below $700/month
26%
$700 - $1,000/month
39%
$1,001 - $1,500/month
13%
$1,501 - $2,000/month
3%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Muskegon?
Based on current rent prices, Marquette, Nims and Campbell Field are the most affordable neighborhoods in Muskegon.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Muskegon?
Based on current rent prices, Downtown Muskegon, Jackson Hill and E Muskegon/Norton Shores are the most expensive neighborhoods in Muskegon.
Neighborhood
Average Rent
Average Sq Ft
Which Muskegon neighborhoods have the most rentals available?
The neighborhoods in Muskegon with the most apartments available are E Muskegon/Norton Shores, Downtown Muskegon and Campbell Field .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Muskegon, MI?
Because the average rent in Muskegon is $993, you’ll want to make about $3,310 per month or $39,720 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 Muskegon, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Muskegon, 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
-
$1,052/month
One Bedroom
$816/month
$1,410/month
Two Bedroom
$1,040/month
$1,745/month
Three Bedroom
$1,235/month
$1,769/month
Nearby City Rent Trends
Apartment communities in Muskegon we think you'll love
Property Management Companies in Muskegon, MI
Gordon Management
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13
Communities
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2,123
Units
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8
Cities
4 Communities in Muskegon
Monarch Investment and Management Group
-
305
Communities
-
74,735
Units
-
140
Cities
3 Communities in Muskegon
Edward Rose & Sons
-
140
Communities
-
70,877
Units
-
86
Cities
1 Community in Muskegon
KMG Prestige
-
50
Communities
-
5,396
Units
-
35
Cities
1 Community in Muskegon
Highlands Vista Group Management LLC
-
38
Communities
-
6,088
Units
-
28
Cities
1 Community in Muskegon
DTN Management
-
34
Communities
-
5,583
Units
-
18
Cities
1 Community in Muskegon
Trillium Ventures MSV
-
13
Communities
-
1,614
Units
-
8
Cities
1 Community in Muskegon
Gillespie Group
-
11
Communities
-
1,111
Units
-
7
Cities
1 Community in Muskegon
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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.