Shepherd, MI rental market
Last updated August 3, 2025
Rental market summary
The average rent for all bedrooms and all property types in Shepherd, MI is $1,050.
$1,050
+$170
-$150
4
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $750 to $1,500.
| Rent price | Number of rental properties |
|---|---|
| $700 | 1 |
| $1,000 | 2 |
| $1,100 | 1 |
| $1,400 | 1 |
| $1,500+ | 1 |
Average rent price over time
In the last year, rent has decreased by $150 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $775 | $880 |
| Feb | $700 | $1,000 |
| May | $840 | $925 |
| Jun | $700 | $880 |
| Jul | $700 | $1,100 |
Market temperature
The Shepherd, 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Shepherd, MI is 50% lower than the national average.
$1,050
$2,100
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Frequently asked questions
1. What is the average rent in Shepherd, MI?
The average rent in Shepherd, MI is $1,050.
2. How much does it cost to rent a house in Shepherd, MI?
Houses in Shepherd, MI rent between $750 - $1,500 with an average rent of $1,050.
3. How has the rent in Shepherd, MI changed in the last year?
In the last year, the rent in Shepherd, MI decreased by $150
4. How much has the rent in Shepherd, MI increased/decreased in the last month?
In the last month, the rent in Shepherd, MI increased by $170
5. How many available rentals are there in Shepherd, MI?
There are currently 4 rentals available in Shepherd, MI.
6. How do rent prices in Shepherd, MI compare with the national average?
The average rent in Shepherd, MI is $1,050 — 50% lower the national average of $2,100.