Rent in Saginaw, MI
Across Saginaw's 11 ZIP codes, a 2-bedroom typically rents for about $1,055 a month, with figures from $814–$1,141. The highest typical rent is in 48663 ($1,141) and the lowest in 48601 ($814). 6 ZIPs have ZIP-level figures from HUD or Census; the other 5 use the county Fair Market Rent. Owner-occupied homes in Saginaw County pay about 1.49% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $795 | $650–$931 | 11 |
| 1 bed | $893 | $371–$1,085 | 11 |
| 2 beds | $1,055 | $814–$1,141 | 11 |
| 3 beds | $1,380 | $971–$1,466 | 11 |
| 4 beds | $1,500 | $1,144–$1,500 | 11 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Saginaw ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Saginaw, MI?
- About $1,055 a month: the median of the typical rents in 11 ZIP codes, which range from $814–$1,141. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Saginaw, MI?
- About $893 a month: the median of the typical rents in 11 ZIP codes, which range from $371–$1,085. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Saginaw, MI?
- About $1,380 a month: the median of the typical rents in 11 ZIP codes, which range from $971–$1,466. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Saginaw, MI?
- About $795 a month: the median of the typical rents in 11 ZIP codes, which range from $650–$931. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Saginaw, MI?
- About $1,500 a month: the median of the typical rents in 11 ZIP codes, which range from $1,144–$1,500. Figures are gross rent (rent plus tenant-paid utilities).
- Which Saginaw ZIP code has the highest rent?
- For a 2-bedroom, 48663 has the highest typical rent at $1,141 a month, and 48601 the lowest at $814.
- What is the property tax rate in Saginaw, MI?
- Owner-occupied homes in Saginaw County pay a typical 1.49% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Saginaw rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).