6 N Washington St
6 N Washington St,
Oxford, MI 48371
1 Bed | $2,195 - 2,295
Rental Market Trends in Oxford, MI
What is the average rent in Oxford, MI?
$916/month
Average Rent
648 Sq Ft
Average Apartment Size
+0.8%
Increase in the Last Year
As of November 2024, the average rent in Oxford, MI is $916 per month. This is 41% lower than the national average rent of $1,559/month, making renting in Oxford more affordable than most cities in the US. When you rent an apartment in Oxford, you can expect to pay about $790 per month for a studio, $916 for a one-bedroom apartment, and around $1,330 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,007 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 Oxford, MI?
In the past year, rent has increased by 0.8%, which averages out to $8 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 2024
Legend
2023
2024
Rent Ranges in Oxford, MI
Last Updated November 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
17%
Below $700/month
50%
$700 - $1,000/month
0%
$1,001 - $1,500/month
17%
$1,501 - $2,000/month
17%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Oxford?
Based on current rent prices, Downtown Oxford is the most affordable neighborhood in Oxford.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Oxford?
Based on current rent prices, Downtown Oxford is the most expensive neighborhood in Oxford.
Neighborhood
Average Rent
Average Sq Ft
Which Oxford neighborhoods have the most rentals available?
The neighborhood in Oxford with the most apartments available is Downtown Oxford .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Oxford, MI?
Because the average rent in Oxford is $916, you’ll want to make about $3,053 per month or $36,636 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 Oxford, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Oxford, 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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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.