$595
Total Monthly Price
- Studio
- 1 Bath
- 435 Sq Ft
- Condo for Rent
315 S Winter St Unit Apartment #4, Adrian, MI 49221
Frequently Asked Questions
How much does it cost to rent a condo in Adrian, MI?
The median rent for a condo in Adrian, MI is $1,095 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while townhouses and condos are currently more expensive.
How much do you need to make to afford rent in Adrian, MI?
To comfortably afford the median rent in Adrian, MI, a household needs to earn roughly $43,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,075 per month in Adrian, MI, renters typically need to show $3,225 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Adrian, MI?
In Adrian, MI, the price-to-rent ratio is 17.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
