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Buchanan, MI Houses for Rent

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  • /11

    $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
  • /15

    $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

Frequently Asked Questions

How much does it cost to rent a single-family home in Buchanan, MI?
The median rent for a single-family home in Buchanan, MI is $1,550 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 $48,000 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 $1,200 per month in Buchanan, MI, renters typically need to show $3,600 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 18.1, 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 single-family 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 single-family home include LaSalle, Far Northwest, Keller Park, Near Northwest and Kennedy Park, each with its own character and price range.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$1,550
Median 3 Bedroom Single Family Home Rent
$1,900
How to Rent a Home