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Newest Homes for Rent in Carleton, MI

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    $1,499 Per Month

    • 3 Beds
    • 2 Baths
    • Property for Rent

    22 1st St Unit 22FI, Carleton, MI 48117

    Last Chance July OffersUse Code BUYTODAY to apply for FREE. Buy this July and ask how you can qualify for limited-time savings, including FREE site rent, gift card offers, down payment match savings, or a brand new shed. WHEN YOU RENT: Use code FRVFREE to apply at no cost. Plus, move in with only a $699/$999 deposit!*Restrictions apply. Offer expires 7/31/26*Coming soon - just arrived at the

    Joana Duffie Flat Rock Village

    22 1st St Unit 22FI, Carleton, MI 48117
  • /9

    $1,399 Per Month

    • 2 Beds
    • 2 Baths
    • Property for Rent

    26 1st St Unit 26FI, Carleton, MI 48117

    Last Chance July OffersUse Code BUYTODAY to apply for FREE. Buy this July and ask how you can qualify for limited-time savings, including FREE site rent, gift card offers, down payment match savings, or a brand new shed. WHEN YOU RENT: Use code FRVFREE to apply at no cost. Plus, move in with only a $699/$999 deposit!*Restrictions apply. Offer expires 7/31/26*Discover modern, spacious living in

    Joana Duffie Flat Rock Village

    26 1st St Unit 26FI, Carleton, MI 48117

Frequently Asked Questions

How much does it cost to rent a home in Carleton, MI?
The median rent for a home in Carleton, MI is $1,449 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Carleton, MI?
To comfortably afford the median rent in Carleton, MI, a household needs to earn roughly $57,960 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 $1,449 per month in Carleton, MI, renters typically need to show $4,347 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 Carleton, MI?
In Carleton, MI, the price-to-rent ratio is 17.9, 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 Carleton, MI are best for renting a home?
The best neighborhood for renting in Carleton, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Northwest Monroe and Central Monroe, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,449
Median Single Family Home Rent
$1,449
How to Rent a Home