Woodfield Apartment Homes
541 Woodfield Cir,
Paw Paw, MI 49079
2 Beds | $975
Rental Market Trends in Paw Paw, MI
What is the average rent in Paw Paw, MI?
$566/month
Average Rent
502 Sq Ft
Average Apartment Size
+3.4%
Increase in the Last Year
As of December 2024, the average rent in Paw Paw, MI is $566 per month. This is 64% lower than the national average rent of $1,560/month, making renting in Paw Paw more affordable than most cities in the US. When you rent an apartment in Paw Paw, you can expect to pay about $510 per month for a studio, $566 for a one-bedroom apartment, and around $921 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay 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 Paw Paw, MI?
In the past year, rent has increased by 3.4%, which averages out to $19 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 Paw Paw, MI
Last Updated December 2024
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
33%
Below $700/month
33%
$700 - $1,000/month
33%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Paw Paw, MI?
Because the average rent in Paw Paw is $566, you’ll want to make about $1,886 per month or $22,632 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 Paw Paw, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Paw Paw, 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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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.