Lake, MI rental market

What is the average rent in Lake, MI?

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Last updated September 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in Lake, MI is $1,400.

Average rent

$1,400

Month-over-month change

+$1,400

Year-over-year change

-$1,100

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,400 to $2,695.

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Rent frequencies
Rent priceNumber of rental properties
$1,3001
$1,4001
$2,600+1

Average rent price over time

In the last year, rent has decreased by $1,100 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Apr$1,935$2,500
May$1,540$2,500
Jul$1,399$2,500
Aug$1,399$1,800
Sep$1,399No data
Oct$1,399No data
Nov$1,399No data
Dec$1,399No data

Market temperature

The Lake, MI rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Lake, MI is 30% lower than the national average.

Lake, MIvs.

$1,400

$2,000

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Frequently asked questions

1. What is the average rent in Lake, MI?

The average rent in Lake, MI is $1,400.

2. What is the average rent for a three-bedroom apartment in Lake, MI?

The average rent for a three-bedroom apartment in Lake, MI is $1,400 per month.

3. What is the average rent for a four-bedroom apartment in Lake, MI?

The average rent for a four-bedroom apartment in Lake, MI is $2,695 per month.

4. How much does it cost to rent a house in Lake, MI?

Houses in Lake, MI rent between $1,400 - $2,695 with an average rent of $1,400.

5. How has the rent in Lake, MI changed in the last year?

In the last year, the rent in Lake, MI decreased by $1,100

6. How much has the rent in Lake, MI increased/decreased in the last month?

In the last month, the rent in Lake, MI increased by $1,400

7. How many available rentals are there in Lake, MI?

There are currently 2 rentals available in Lake, MI.

8. How do rent prices in Lake, MI compare with the national average?

The average rent in Lake, MI is $1,400 — 30% lower the national average of $2,000.

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