Rent in Ypsilanti, MI
Across Ypsilanti's 2 ZIP codes, a 2-bedroom typically rents for about $1,381 a month, with figures from $1,306–$1,804. The highest typical rent is in 48198 ($1,408) and the lowest in 48197 ($1,353). Owner-occupied homes in Washtenaw County pay about 1.52% 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 | $1,063 | $968–$1,458 | 2 |
| 1 bed | $1,151 | $1,077–$1,503 | 2 |
| 2 beds | $1,381 | $1,306–$1,804 | 2 |
| 3 beds | $1,664 | $1,614–$2,164 | 2 |
| 4 beds | $2,190 | $1,980–$2,371 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Ypsilanti ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Ypsilanti, MI?
- About $1,381 a month: the median of the typical rents in 2 ZIP codes, which range from $1,306–$1,804. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Ypsilanti, MI?
- About $1,151 a month: the median of the typical rents in 2 ZIP codes, which range from $1,077–$1,503. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Ypsilanti, MI?
- About $1,664 a month: the median of the typical rents in 2 ZIP codes, which range from $1,614–$2,164. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Ypsilanti, MI?
- About $1,063 a month: the median of the typical rents in 2 ZIP codes, which range from $968–$1,458. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Ypsilanti, MI?
- About $2,190 a month: the median of the typical rents in 2 ZIP codes, which range from $1,980–$2,371. Figures are gross rent (rent plus tenant-paid utilities).
- Which Ypsilanti ZIP code has the highest rent?
- For a 2-bedroom, 48198 has the highest typical rent at $1,408 a month, and 48197 the lowest at $1,353.
- What is the property tax rate in Ypsilanti, MI?
- Owner-occupied homes in Washtenaw County pay a typical 1.52% 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 Ypsilanti rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).