Long-Term Rentals · Michigan
Long-Term Rentals in Michigan
3 Michigan metros ranked by long-term rentals fit. Average fit: 88/100. Top pick: Lansing at 98/100.
Michigan is landlord-friendly on landlord-tenant law. state income tax 4.25%.
Ranked
Michigan markets for long-term rentals.
| # | Market | Median | YoY | Yield | Fit |
|---|---|---|---|---|---|
| 01 | Lansing, MI | $166k | +3.3% | 8.79% | 98 |
| 02 | Grand Rapids, MI | $310k | +2.9% | 6.34% | 90 |
| 03 | Detroit, MI | $76k | -3.9% | 20.99% | 75 |
Advertisement
Ad slot: state_strategy_mid
Other strategies
Michigan through different lenses.
The newsletter
The Weekly Deal Memo
One market memo, one off-market playbook, one tool review. Every Friday. Free.
No spam. Unsubscribe anytime.