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Alma, MI Homes for Rent

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    Starting at $750 Per Month

    • 2 Beds

    1410 Mary Ct, Alma, MI 48801

    Mary Court Apartments is located just down the road from MidMichigan Medical Center and a short walk from Alma High School and Junior High. While privately situated these apartments are still conveniently located near Meijer and other Shopping Centers. Also located within a short walking distance are BIGGBY Coffee, Cancun Mexican Grill, Little Caesars, Jimmy Johns, Walgreens, and a full

    Mary Court Place Apartments

    (989) 533-5527

    1410 Mary Ct, Alma, MI 48801
  • /13

    Starting at $650 Per Month

    • 1 - 2 Beds

    515 N Court Ave, Alma, MI 48801

    Rivers Edge Apartments is the perfect place to call home! The Alma River Walk Trail is just outside your doorstep and on it you are only a short walking distance from, The Alma Public Library, Weekly Farmer’s Market, and Historic Downtown Alma where you’ll find all sorts of entertainment, pubs, breweries, cafes, eateries and more!If you are looking for “apartments for rent in Alma” or

    Rivers Edge Apartments

    (989) 331-6090

    515 N Court Ave, Alma, MI 48801
  • /21

    Starting at $1,175 Per Month

    • 2 - 3 Beds

    1780 Mary Ct, Alma, MI 48801

    Heather Lane Townhomes offer beautiful updated two-story floorplans.Located in Alma, MI less than a mile to local grocery stores, restaurants, Alma Hospital and Alma College.Our property hosts 8 x 10 storage units, carports and on-site laundry not to mention the spacious and upgraded townhome floorplans with private entry and back patios.CHECK OUT OUR VIRTUAL

    Heather Lane Apartments

    (989) 403-1719

    1780 Mary Ct, Alma, MI 48801
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    Starting at $600 Per Month

    • 1 Bed

    514 Wright Ave, Alma, MI 48801

    Look no further than Wright Avenue Apartments! Wright Avenue is wonderfully situated just across the road from Alma College, next to beautiful Wright Park, and only 3 blocks from Historic Downtown Alma. On your journey Downtown you’ll pass Alma College Bookstore and Starbucks on your way to pub’s, breweries, cafe’s, eateries, and entertainment venues. If you are looking for

    Wright Ave Apartments

    (989) 533-5831

    514 Wright Ave, Alma, MI 48801
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    $1,950 - $2,200

    Total Monthly Price

    • 2 - 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    502 Woodworth Ave, Alma, MI 48801

    502 Woodworth Ave, Alma, MI 48801
  • /56

    $1,950 - $2,200

    Total Monthly Price

    • 2 - 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    502 Woodworth Ave, Alma, MI 48801

    502 Woodworth Ave, Alma, MI 48801
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    $560

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    522 N River Ave Unit 8, Alma, MI 48801

    Nice 2 br. unit on the 2nd floor. Close to River Walk.

    522 N River Ave Unit 8, Alma, MI 48801
  • /40

    $2,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • 4,500 Sq Ft
    • House for Rent

    4105 Riverview Dr, Alma, MI 48801

    Welcome to this 3,500 SQFT home set on 2.54 secluded acres w/a circular driveway. The living room features a brick-surround fireplace & floor-to-ceiling windows that fill the space w/natural light. The kitchen offers ample cabinet & counter space along w/a breakfast nook. A convenient 1st-floor laundry rounds out the main level. Upstairs, you'll find 3 bedrooms, including the primary suite

    Jeff Glover Keller Williams Professionals

    4105 Riverview Dr, Alma, MI 48801

Why Live in Alma

Alma, located in the center of Michigan’s lower peninsula, is a small city with a population of around 9,000 people. Known for its historical significance in truck manufacturing during World War I, Alma today is a quiet community surrounded by farmland. The city offers a strong sense of community, with residents frequently encountering familiar faces at local gyms, churches, and workplaces. Major employers include Alma College, MyMichigan Medical Center, and the retirement facility Masonic Homes, contributing to a stable local economy. Alma’s housing market features many homes from the late 1800s and early 1900s, showcasing Victorian and Craftsman architecture, along with ranch and split-level homes from the mid-20th century. The median home price is notably affordable at $160,000.

Alma College, a private liberal arts institution, enriches the community with its Highland Arts program and frequent music and theater performances. The Alma Riverwalk and the Fred Meijer Heartland Trail offer scenic routes for walking, biking, and cross-country skiing. Alma’s downtown district, listed on the National Register of Historic Places, features vintage storefronts, family-friendly venues, and diverse dining options, including breweries and family-owned restaurants. The city celebrates its Scottish heritage with the annual Highland Festival, a major event featuring music, dancing, and athletic competitions.

Alma is safer than the national average, with crime rates below state averages and significantly lower than those in larger cities like Grand Rapids. The city is 40 miles from Saginaw and MBS International Airport, 50 miles from Lansing, and 80 miles from Grand Rapids. Future plans for a passenger rail line could further enhance connectivity.

Frequently Asked Questions

How much does it cost to rent a home in Alma, MI?
The median rent for a home in Alma, MI is $2,075 per month, though prices vary by neighborhood, size, and property type. As of May 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 Alma, MI?
To comfortably afford the median rent in Alma, MI, a household needs to earn roughly $83,000 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 $2,075 per month in Alma, MI, renters typically need to show $6,225 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 Alma, MI?
In Alma, MI, the price-to-rent ratio is 6.4, 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 Alma, MI

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$2,075
Median Single Family Home Rent
$2,050
Median Condo Rent
$1,950
How to Rent a Home