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Newest Homes for Rent in Buchanan, MI

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    $1,449 Per Month

    • 2 Beds
    • 2 Baths
    • Property for Rent

    14566 N Red Bud Trail Unit 56, Buchanan, MI 49107

    Welcome to Riverside Estates, a professionally managed manufactured home community. Experience upscale amenities, comfort and convenience in our affordable 2 bed/2 bath home! Call today to schedule a viewing of this home! For more information, contact one of our Home Specialists!Financing options available through lending partners. All credit scores considered. Conditions may apply. Approval

    Ricky Ferrell Riverside Estates

    14566 N Red Bud Trail Unit 56, Buchanan, MI 49107
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    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • 2 Bedroom Home in Buchanan

    113 W Dewey St, Buchanan, MI 49107

    Don't miss this 2 Bedroom charmer available in Buchanan with a detached 1 car garage. This spacious home features newer windows, beautiful crown molding though out the living and dining room and a washer dryer hookup. No Central Air but tenant can install window units. Tenant is responsible for all utilities (water/sewer, trash, gas and electric) lawn- care and snow removal.Terms: 1 year

    113 W Dewey St, Buchanan, MI 49107
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    $1,900 Per Month

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • House for Rent

    114 W Alexander St, Buchanan, MI 49107

    Welcome to 114 W Alexander St in Buchanan, a well-located rental offering comfort and convenience. This property is situated in a quiet neighborhood with easy access to local shops, schools, and essential amenities, making it a great place to call home.The unit features a practical layout designed for everyday living with comfortable spaces throughout.

    114 W Alexander St, Buchanan, MI 49107

Frequently Asked Questions

How much does it cost to rent a home in Buchanan, MI?
The median rent for a home in Buchanan, MI is $1,324 per month, though prices vary by neighborhood, size, and property type. As of July 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 Buchanan, MI?
To comfortably afford the median rent in Buchanan, MI, a household needs to earn roughly $52,960 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 $1,324 per month in Buchanan, MI, renters typically need to show $3,972 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 Buchanan, MI?
In Buchanan, MI, the price-to-rent ratio is 16.4, 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.
What neighborhoods in Buchanan, MI are best for renting a home?
The best neighborhood for renting in Buchanan, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Howard Park-East Bank, LaSalle, Near Northwest, Northeast South Bend and West Washington, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,324
Median Single Family Home Rent
$1,449
Median Condo Rent
$900
How to Rent a Home