Elk Rapids, MI rental market
Last updated July 31, 2025
Rental market summary
The average rent for all bedrooms and all property types in Elk Rapids, MI is $2,194.
$2,194
-$306
+$394
5
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,075 to $2,500.
| Rent price | Number of rental properties |
|---|---|
| $1,000 | 1 |
| $1,700 | 1 |
| $2,100 | 1 |
| $2,300 | 1 |
| $2,400 | 1 |
| $2,500+ | 1 |
Average rent price over time
In the last year, rent has increased by $394 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $800 | $3,250 |
| Feb | $1,400 | $3,250 |
| Mar | $900 | $1,800 |
| Apr | $2,200 | $1,800 |
| May | $2,200 | $1,800 |
| Jul | $3,200 | $2,500 |
| Aug | $1,800 | $2,500 |
| Sep | $2,000 | No data |
| Oct | $1,900 | No data |
| Nov | $1,200 | No data |
| Dec | $2,100 | No data |
Market temperature
The Elk Rapids, 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 Elk Rapids, MI is 4% higher than the national average.
$2,194
$2,100
Rent in Elk Rapids, MI
We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.
Post a rental listing
Rent trends near Elk Rapids, MI
Frequently asked questions
1. What is the average rent in Elk Rapids, MI?
The average rent in Elk Rapids, MI is $2,194.
2. How much does it cost to rent a house in Elk Rapids, MI?
Houses in Elk Rapids, MI rent between $1,075 - $2,500 with an average rent of $2,194.
3. How has the rent in Elk Rapids, MI changed in the last year?
In the last year, the rent in Elk Rapids, MI increased by $394
4. How much has the rent in Elk Rapids, MI increased/decreased in the last month?
In the last month, the rent in Elk Rapids, MI decreased by $306
5. How many available rentals are there in Elk Rapids, MI?
There are currently 5 rentals available in Elk Rapids, MI.
6. How do rent prices in Elk Rapids, MI compare with the national average?
The average rent in Elk Rapids, MI is $2,194 — 4.48% higher the national average of $2,100.