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Albion, MI Condos for Rent

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  • 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
  • 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

    $750 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
  • 210 S Eaton St Unit 8, Albion, MI 49224
    210 S Eaton St Unit 8, Albion, MI 49224
    210 S Eaton St Unit 8, Albion, MI 49224
    /8

    $850 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    210 S Eaton St Unit 8, Albion, MI 49224

    Newly improved 2 bed 1 bath upstairs apartment now available. This unit is two blocks from downtown Albion and easy access to I-94.Apartment features a refreshed kitchen and bathroom, new furnace, new flooring, and lighting. Parking is available on site. High speed fiber optic internet available through landlord.Tenants must have an eviction free history and show 3x the rent in

    210 S Eaton St Unit 8, Albion, MI 49224
  • 102 E Erie St Unit C, Albion, MI 49224
    102 E Erie St Unit C, Albion, MI 49224
    102 E Erie St Unit C, Albion, MI 49224
    /6

    $750 Per Month

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

    102 E Erie St Unit C, Albion, MI 49224

    This is a basement apartment in downtown Albion. Access is through a gated entrance on Superior Street.The one bedroom apartment has a small efficiency-style kitchen and bathroom, and good sized bedroom and living room. Please note - this apartment may not be for everyone as it does not have windows.Tenants must earn 3x the rent amount in verifiable monthly income, be pet and

    102 E Erie St Unit C, 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 $913 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while 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 $52,000 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 $1,300 per month in Albion, MI, renters typically need to show $3,900 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 8.7, 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 $913 per month, with 1-bedroom condos renting at $800 and 2-bedroom condos at $1,300.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$913
Median 1 Bedroom Condo Rent
$800
Median 2 Bedroom Condo Rent
$1,300
How to Rent a Home

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