Newest Homes for Rent in Alpena, MI

/4
$1,500 Per Month
- 3 Beds
- 1 Bath
- 980 Sq Ft
- Baldwin House
322 E Baldwin St, Alpena, MI 49707

Welcome to this freshly updated home - 3 bedrooms 1 bathroom fenced in backyard! $1,500/mth + Utilities. Application, Background Check, Credit Check all must be submitted to be considered.

322 E Baldwin St, Alpena, MI 49707
Explore Alpena
/19
$1,700 Per Month
- 2 Beds
- 2 Baths
- 960 Sq Ft
- House for Rent
1319 S 1st Ave, Alpena, MI 49707

Property Id: 845788 RENT LOWERED to $1700 SECURITY DEPOSIT LOWERED to $1700 RENT+utilities QUICK AVAILABILITY - 9/1/26 move in available DO NOT FALL FOR SCAMS ASKING FOR DEPOSITS Great location on 1st Ave in Alpena - steps away from the lake (Huron) and local restaurants. Two bedroom house with newer washer, dryer, and fridge. Nice and spacious living room with large

1319 S 1st Ave, Alpena, MI 49707
/14
Starting at $675 Per Month
- 2 Beds
628 S Ripley C-12 Blvd, Alpena, MI 49707

Thunder Bay Estates Mobile Home Community is located in the down town area of Alpena, In walking distance to the beautiful Lake Huron. If your looking for that ability to be close to shopping centers and wonderful walking areas this is your place. No need to worry about maintaining your own yard as we are here to do that.

Thunder Bay Estates

628 S Ripley C-12 Blvd, Alpena, MI 49707
/17
Starting at $675 Per Month
- 2 Beds
8924 W Long Lake Rd, Alpena, MI 49707

Welcome to down home living in the growing community of Lakeshore Estates. Lakeshore Estates Mobile Home Community is one of the areas finest mobile home communities in the Alpena area. If you enjoy friendly faces and the convenience of town just minutes away but set in a country surrounding. Then call Lakeshore Estates your new home!

Lake Shore Estates

8924 W Long Lake Rd, Alpena, MI 49707

Michigan Alpena County

Frequently Asked Questions

How much does it cost to rent a home in Alpena, MI?

The median rent for a home in Alpena, MI is $1,700 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 Alpena, MI?

To comfortably afford the median rent in Alpena, MI, a household needs to earn roughly $68,000 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 $1,700 per month in Alpena, MI, renters typically need to show $5,100 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 Alpena, MI?

In Alpena, MI, the price-to-rent ratio is 8.6, 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 Trends in Alpena, MI

There are currently 4 homes available for rent in Alpena, MI. The median rent is $1,700 per month, with single-family homes renting at $1,700.

Rental Home Trends

Number of Homes for Rent 4	Median Rent $1,700
Median Single Family Home Rent $1,700

How to Rent a Home

Rentals in Alpena

Homes for Rent by Bedrooms in Alpena

Rentals by Price in Alpena

More About Living in Alpena

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage