Westminster Park Apartments
23710 Crisler St,
Taylor, MI 48180
1-3 Beds | $975 - $1,475
Rental Market Trends in Taylor, MI
What is the average rent in Taylor, MI?
$940/month
Average Rent
810 Sq Ft
Average Apartment Size
+4%
Increase in the Last Year
As of December 2024, the average rent in Taylor, MI is $940 per month. This is 40% lower than the national average rent of $1,560/month, making renting in Taylor more affordable than most cities in the US. When you rent an apartment in Taylor, you can expect to pay about $619 per month for a studio, $940 for a one-bedroom apartment, and around $1,083 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,326 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 Taylor, MI?
In the past year, rent has increased by 4%, which averages out to $38 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 Taylor, MI
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
5%
Below $700/month
33%
$700 - $1,000/month
62%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Taylor?
Based on current rent prices, Downriver is the most affordable neighborhood in Taylor.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Taylor?
Based on current rent prices, Downriver is the most expensive neighborhood in Taylor.
Neighborhood
Average Rent
Average Sq Ft
Which Taylor neighborhoods have the most rentals available?
The neighborhood in Taylor with the most apartments available is Downriver .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Taylor, MI?
Because the average rent in Taylor is $940, you’ll want to make about $3,133 per month or $37,596 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 Taylor, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Taylor, 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
$1,748/month
$1,748/month
One Bedroom
$2,146/month
$2,146/month
Two Bedroom
$2,747/month
$2,747/month
Three Bedroom
$3,376/month
$3,376/month
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.