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Newest Homes for Rent in Algonac, MI

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  • /22

    $1,000 Per Month

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

    9237 River Rd #3 Rd Unit 3, Algonac, MI 48001

    Apply here Cottrell Township for rent!! Small 1 or 2 bedroom with full kitchen and bath with shower. View of ships from around the world as you are fishing off the dock. Next to Clay Township Beach. Currently it was used as a 2 bedroom with kitchen/Living room combined. But the larger bedroom could also be a Living room making a large kitchen entertaining area. Your choice. Security Deposit

    Agent Photo

    Wynne Achatz

    Real Estate One Westrick-Marine City

    (810) 645-8134

    9237 River Rd #3 Rd Unit 3, Algonac, MI 48001
  • /46

    $51,310 Per Month

    • 3,664 Sq Ft
    • Property for Rent

    301 Summer St, Algonac, MI 48001

    Position your business in one of Algonac’s most visible and distinctive locations. This iconic St. Clair River property offers approximately 3,700 sq ft of highly adaptable commercial space, perfectly suited for tenants seeking standout presence, strong foot and vehicle traffic, and unforgettable views. Located directly across from the international shipping channel, the property delivers

    Sara Trombly DOBI Real Estate

    301 Summer St, Algonac, MI 48001

Frequently Asked Questions

How much does it cost to rent a home in Algonac, MI?
The median rent for a home in Algonac, MI is $1,000 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Algonac, MI?
To comfortably afford the median rent in Algonac, MI, a household needs to earn roughly $40,000 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 $1,000 per month in Algonac, MI, renters typically need to show $3,000 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 Algonac, MI?
In Algonac, MI, the price-to-rent ratio is 19.2, 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.

Rental Home Trends in Algonac, MI

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,000
Median Single Family Home Rent
$1,000
How to Rent a Home