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Rental Market Trends in Okemos, MI

What is the average rent in Okemos, MI?

$1,294/month

Average Rent

685 Sq Ft

Average Apartment Size

+2.8%

Increase in the Last Year

As of November 2025, the average rent in Okemos, MI is $1,294 per month. This is 21% lower than the national average rent of $1,631/month, making renting in Okemos more affordable than most cities in the US. When you rent an apartment in Okemos, you can expect to pay about $1,446 per month for a studio, $1,294 for a one-bedroom apartment, and around $1,595 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,279 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,446/month
578 Sq Ft
One Bedroom
$1,294/month
685 Sq Ft
Two Bedroom
$1,595/month
1,025 Sq Ft
Three Bedroom
$2,279/month
1,348 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 Okemos, MI?

In the past year, rent has increased by 2.8%, which averages out to $36 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 November 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Okemos?

Based on current rent prices, Forest Hills and Meridian Township/Okemos" are the most affordable neighborhoods in Okemos.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Forest Hills
$1,143/month
729 Sq Ft
Meridian Township/Okemos
$1,293/month
709 Sq Ft

What are the most expensive neighborhoods in Okemos?

Based on current rent prices, Meridian Township/Okemos and Forest Hills" are the most expensive neighborhoods in Okemos.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Meridian Township/Okemos
$1,293/month
709 Sq Ft
Forest Hills
$1,143/month
729 Sq Ft

Which Okemos neighborhoods have the most rentals available?

The neighborhoods in Okemos with the most apartments available are Meridian Township/Okemos and Forest Hills" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Meridian Township/Okemos
$1,293/month
709 Sq Ft
Forest Hills
$1,143/month
729 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Okemos, MI?

Because the average rent in Okemos is $1,294, you’ll want to make about $4,313 per month or $51,756 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.

City

Okemos, MI

393 Available Apartments for Rent

Search for Nearby Apartments

How does Okemos, MI compare to other nearby cities and neighborhoods?

Use the tool below to compare Okemos, 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.

Explore the Area Guide for Okemos, MI

Apartment Averages

Forest Hills

Okemos, MI

Meridian Township/Okemos

Okemos, MI

Studio
-
$1,446/month
One Bedroom
-
$1,210/month
Two Bedroom
-
$1,433/month
Three Bedroom
-
$2,266/month
Search
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Nearby City Rent Trends

  • Haslett Average Rent
  • East Lansing Average Rent
  • Williamston Average Rent
  • Lansing Average Rent
  • Holt Average Rent
  • Bath Average Rent
  • Mason Average Rent

Apartment communities in Okemos we think you'll love

Meridian Meadows Apartments

Meridian Meadows Apartments

4555 Paddock Dr,
Okemos, MI 48864

$1,277 - $2,045

1-3 Beds

Elevation Apartments

Elevation Apartments

3595 Jolly Oak Rd,
Okemos, MI 48864

$1,440 - $2,946

Studio - 3 Beds

Club Meridian

Club Meridian

4425 Heritage Ave,
Okemos, MI 48864

$1,266 - $2,812

1-3 Beds

Nemoke Trails

Nemoke Trails

1765 Nemoke Trl,
Haslett, MI 48840

$985 - $1,366

1-2 Beds

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United States Michigan Okemos Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

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.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity