Shepherd, MI rental market
What is the average rent in Shepherd, MI?
Last updated June 23, 2026
Rental market summary
The average rent for all bedrooms and all property types in Shepherd, MI is $1,100.
Average rent
$1,100
Month-over-month change
-$150
Year-over-year change
+$220
Available rentals
2
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,100 to $1,650.
| Rent price | Number of rental properties |
|---|---|
| $1,000 | 1 |
| $1,100 | 1 |
| $1,600+ | 1 |
Average rent price over time
In the last year, rent has increased by $220 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Feb | $880 | $750 |
| Mar | $1,000 | $750 |
| Apr | $925 | $850 |
| May | $880 | $850 |
| Jun | $1,100 | $1,100 |
| Jul | $880 | $650 |
| Aug | $1,050 | No data |
| Sep | $880 | No data |
| Oct | $750 | No data |
| Dec | $808 | No data |
Market temperature
The Shepherd, MI rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Shepherd, MI is 45% lower than the national average.
$1,100
$2,009
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Frequently asked questions
1. What is the average rent in Shepherd, MI?
2. What is the average rent for a two-bedroom apartment in Shepherd, MI?
3. What is the average rent for a four-bedroom apartment in Shepherd, MI?
4. How much does it cost to rent a house in Shepherd, MI?
5. How has the rent in Shepherd, MI changed in the last year?
6. How much has the rent in Shepherd, MI increased/decreased in the last month?
7. How many available rentals are there in Shepherd, MI?
8. How do rent prices in Shepherd, MI compare with the national average?
Zip codes in Shepherd, MI
