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Newest Homes for Rent in Alma, MI

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  • /24

    $1,050 Per Month

    • 2 Beds
    • 1 Bath
    • 1,014 Sq Ft
    • 112.5 Center

    112 E Center St, Alma, MI 48801

    This second story unit is part of an historic duplex near downtown Alma. The apartment is a spacious two bedroom, one bathroom home thanks to the generous living and dining rooms. The basement offers in-unit laundry and storage. The private driveway offers ample parking dedicated to the unit. Enjoy the sights of downtown life on your private covered balcony.

    112 E Center St, Alma, MI 48801
  • /20

    Starting at $1,175 Per Month

    • 2 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

    1780 Mary Ct, Alma, MI 48801
  • /9

    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

    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

    515 N Court Ave, Alma, MI 48801
  • /9

    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

    514 Wright Ave, Alma, MI 48801

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 $1,050 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
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 $42,000 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 $1,050 per month in Alma, MI, renters typically need to show $3,150 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 12.3, 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
5
Median Rent
$1,050
Median Single Family Home Rent
$1,900
How to Rent a Home