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Newest Homes for Rent in Albion, MI

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  • /9

    $1,500 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    518 Crowell St, Albion, MI 49224

    Single family home tucked in a quiet neighborhood just a couple of blocks from Albion College and just minutes from historic downtown Albion and I-94.First floor has a full bathroom, living room, kitchen. Second floor has all bedrooms, second full bathroom. Laundry in basement.

    518 Crowell St, Albion, MI 49224
  • /2

    $900 Per Month

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft
    • House for Rent

    201 Booth Dr, Albion, MI 49224

    Clean 2-bedroom home in a quiet area in Albion. More pictures to follow. For any questions, please call us at .

    201 Booth Dr, Albion, MI 49224
  • /20

    $1,200 Per Month

    • 4 Beds
    • 1.5 Baths
    • 1,340 Sq Ft
    • House for Rent

    502 N Mingo St, Albion, MI 49224

    Lovely large home in a nice quiet neighborhood. This home has 4 bedrooms 1 and 1/2 bathrooms. Great location is less than 2 miles from I-94. The home has had a number of updates including a lovely kitchen with granite counter tops and lots of cabinet space, huge family room with decorative fireplace. The porch is a 3 seasons room with screens and windows.The main floor has the kitchen,

    502 N Mingo St, Albion, MI 49224
  • /7

    $1,100 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    106 E Erie St Unit 2A, Albion, MI 49224

    ***Please note*** Apartments will be available Jan 1, 2026 with elevator installation expected by end of March 2026. These current pictures are construction photos without appliances, plumbing fixtures, etc.Welcome to Hayes Block Apartments in downtown Albion. These apartments have been lovingly restored in 2025 to include modern amenities in a historic downtown building. Downtown Albion

    106 E Erie St Unit 2A, Albion, MI 49224
  • /7

    $925 Per Month

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

    119 E Elm St Unit 4, Albion, MI 49224

    Newly renovated upstairs 1 bed 1 bath apartment close to all of the renovation and activity of downtown Albion and a short walk from Albion College.Feel comfortable that your new home has brand new plumbing, electrical and heating systems along with a new bathroom and kitchen.Please note, rent includes gas, trash and internet.Please, no pets or smokers.

    119 E Elm St Unit 4, Albion, MI 49224
  • /21

    $1,300 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,140 Sq Ft
    • House for Rent

    1113 Wiener Dr, Albion, MI 49224

    Lovely home 1 block from major shopping in Albion, corner fenced in lot.Great Floor plan in this 3-bedroom home with 1 1/2 bathrooms. All of the bedrooms are off of the main hallway as is the full bathroom. The largest bedroom is connected to a half bathroom.Large eat in kitchen with a gas stove, granite countertops, and a full-sized pantry. The kitchen accesses the other end of the

    1113 Wiener Dr, Albion, MI 49224
  • /4

    $825 Per Month

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

    111 W Ash St Unit 2, Albion, MI 49224

    Newly renovated upstairs apartment very close to downtown Albion.Unit is 1 bedroom, 1 bath with new bathroom and kitchen. You must complete a basic application (will be sent by email and is free) before a showing can be scheduled.Prospective tenants must prove monthly income that is three times the rent, be a non-smoker and cannot have pets in this unit.

    111 W Ash St Unit 2, Albion, MI 49224
  • /37

    $1,300 Per Month

    • 4 Beds
    • 2 Baths
    • 912 Sq Ft
    • House for Rent

    1005 E North St, Albion, MI 49224

    This home is a recently renovated 4 bedroom, 2 bath house, with attached garage, finished basement and HUGE back & side yard. The first floor has hardwood floors through out and has 3 bedrooms and full bath.Off of the kitchen is a sliding glass door to the patio outside. It is very private and very convenient for outside enjoyment of the double lot, this property gives you a county

    1005 E North St, Albion, MI 49224
  • /20

    Starting at $975 Per Month

    • 2 Beds

    205 E Watson St, Albion, MI 49224

    Carriage House Apartments in Albion are ready to be your home. Located at 205 E Watson St. in Albion, this one- and two-bedroom community has much to offer its residents. You’re a short drive to downtown and even a shorter drive to the 94 expressway.Our spacious floorplans include HEAT, large closet space, on site storage, parking and more! We are pet friendly!Pet Policy

    Carriage House (Albion 64 LLC)

    205 E Watson St, 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
  • /6

    $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
  • /15

    $1,800 Per Month

    • 4 Beds
    • 2 Baths
    • Townhouse for Rent

    202 Park St, Albion, MI 49224

    Spacious 3 bedroom 2 bathroom apartment with new front porch conveniently located next to Albion College with great neighbors. All bedrooms and bathrooms are located on the second floor. Laundry is conveniently located just off the kitchen. Call for your tour today!Please note, tenants must be non smokers. Pets are not welcome at this property. Additionally, tenants must have an eviction

    202 Park St, Albion, MI 49224
  • /20

    Starting at $750 Per Month

    • Studio - 2 Beds

    200 S Monroe St, Albion, MI 49224

    Albion Riverside Apartments provide spacious beautiful floorplans just minutes away from the canal. Riverside Apartments in Albion are ready to be your home. Located at 200 Monroe St. in Albion and nestled along the Kalamazoo River,this one- and two-bedroom community has much to offer its residents. You can launch your canoe or kayak at the Porter StreetCanoe Dock, and it’s only a short

    Riverside Apartments

    200 S Monroe St, Albion, MI 49224
  • /16

    $1,850 Per Month

    • 4 Beds
    • 3 Baths
    • Condo for Rent

    404 N Superior St Unit 3, Albion, MI 49224

    Property Id: 2465069Welcome 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
  • /26

    Starting at $825 Per Month

    • 1 - 4 Beds

    1300 Hillside Rd, Albion, MI 49224

    Oak Meadows, is waiting for you to come home! Enjoy the meticulously groomed grounds with four playgrounds throughout the community and a large, open clubhouse equipped with kitchen facilities for your use.Oak Meadows has something for everyone featuring one bedroom flats, two and three bedroom townhomes, and four bedroom homes. Enjoy a morning cup of coffee on your very own private patio

    Oak Meadows

    1300 Hillside Rd, Albion, MI 49224
  • /13

    $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: 1514387Spacious 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

Frequently Asked Questions

How much does it cost to rent a home in Albion, MI?
The median rent for a home in Albion, MI is $1,250 per month, though prices vary by neighborhood, size, and property type. As of July 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 $50,000 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 $1,250 per month in Albion, MI, renters typically need to show $3,750 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 9.2, 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.
What neighborhoods in Albion, MI are best for renting a home?
The best neighborhood for renting in Albion, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Under the Oaks, Downtown Jackson and East Jackson, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
16
Median Rent
$1,250
Median Single Family Home Rent
$1,300
Median Condo Rent
$1,013
How to Rent a Home