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Albion, MI Condos for Rent

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  • 404 N Superior St Unit 3, Albion, MI 49224
    404 N Superior St Unit 3, Albion, MI 49224
    404 N Superior St Unit 3, Albion, MI 49224
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    $1,850 Per Month

    • 4 Beds
    • 3 Baths
    • Condo for Rent

    404 N Superior St Unit 3, Albion, MI 49224

    Property Id: 2465069 Welcome to your new home! This spacious 4-bed, 3-bath unit features modern amenities such as a dishwasher, central forced-air heating, and an in-unit washer/dryer. Enjoy the convenience of being near parks and having a lawn. Pets are welcome, and utilities such as garbage, recycling, and sewage are included. Don't miss out on this amazing opportunity! Contact us today

    404 N Superior St Unit 3, Albion, MI 49224
  • 118 E Ash St Unit B, Albion, MI 49224
    118 E Ash St Unit B, Albion, MI 49224
    118 E Ash St Unit B, Albion, MI 49224
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    $1,300 Per Month

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    118 E Ash St Unit B, Albion, MI 49224

    Property Id: 1514387 Spacious two bedroom, two bathroom apartment that spans the entire second floor of the building. Fully equipped kitchen and laundry room. Private deck leading off of the living room. Lots of natural light due to windows located on all four sides of the building. This is a must see property!

    118 E Ash St Unit B, Albion, MI 49224
  • 119 E Elm St Unit 3, Albion, MI 49224
    119 E Elm St Unit 3, Albion, MI 49224
    119 E Elm St Unit 3, Albion, MI 49224
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    $925 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    119 E Elm St Unit 3, Albion, MI 49224

    **Forgive the photos - construction is nearly complete on this new apartment**This newly renovated 1-bedroom apartment is part of a four-apartment house a block from downtown Albion. The unit rent includes gas, internet and trash. It should be noted that the bedroom will only accommodate a full size mattress at most.The house itself has had extensive upgrades, including

    119 E Elm St Unit 3, Albion, MI 49224
  • 218 E Erie St Unit 3, Albion, MI 49224
    218 E Erie St Unit 3, Albion, MI 49224
    218 E Erie St Unit 3, Albion, MI 49224
    /7

    $825 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    218 E Erie St Unit 3, Albion, MI 49224

    Large upstairs 1 bed 1 bath apartment located between Albion College and downtown Albion.No laundry or AC in this unit. Windows would accommodate a window AC unit, tenant to provide.

    218 E Erie St Unit 3, Albion, MI 49224
Michigan Calhoun County

Condos for Rent in Albion, MI

Frequently Asked Questions

How much does it cost to rent a condo in Albion, MI?
The median rent for a condo in Albion, MI is $1,113 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Albion, MI?
To comfortably afford the median rent in Albion, MI, a household needs to earn roughly $42,600 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 $1,065 per month in Albion, MI, renters typically need to show $3,195 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 Albion, MI?
In Albion, MI, the price-to-rent ratio is 10.6, 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.

Condo Rental Trends in Albion, MI

There are currently 4 condos available for rent in Albion, MI. The median rent is $1,113 per month, with 1-bedroom condos renting at $875 and 2-bedroom condos at $1,300.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,113
Median 1 Bedroom Condo Rent
$875
Median 2 Bedroom Condo Rent
$1,300
How to Rent a Home

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