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Newest Homes for Rent in Algonac, MI

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  • /4

    $850 Per Month

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

    1523 St Clair River Dr Unit 3, Algonac, MI 48001

    Property Id: 2375423 Small 1 bedroom apartment with a large kitchen. Multiunit building. Shared washer and dryer in basement. 1st floor unit with private entrance

    1523 St Clair River Dr Unit 3, Algonac, MI 48001
  • /4

    $850 Per Month

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

    1523 St Clair River Dr Unit 3, Algonac, MI 48001

    Property Id: 2375423 Small 1 bedroom apartment with a large kitchen. Multiunit building. Shared washer and dryer in basement. 1st floor unit with private entrance

    1523 St Clair River Dr 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 $850 per month, though prices vary by neighborhood, size, and property type. As of August 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 Algonac, MI?
To comfortably afford the median rent in Algonac, MI, a household needs to earn roughly $34,000 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 $850 per month in Algonac, MI, renters typically need to show $2,550 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 21.8, 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

Number of Homes for Rent
3
Median Rent
$850
Median Single Family Home Rent
$1,050
Median Condo Rent
$850
How to Rent a Home