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Chelsea, MI Condos for Rent

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  • /33

    $2,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,740 Sq Ft
    • Condo for Rent

    771 Taylor St Unit 39, Chelsea, MI 48118

    Available for Rent starting August 1st. Spacious, adorable 3Bed/2.5 Bath, Village Place condo, conveniently located in the heart of Chelsea. Enjoy slow mornings and relaxing evenings on your private deck! This immaculate townhouse is the perfect place for you to call home!

    Amy Webb Good Company

    771 Taylor St Unit 39, Chelsea, MI 48118
  • /40

    $2,695 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,520 Sq Ft
    • 550/552 Cleveland St

    550-552 Cleveland St Unit 550 Cleveland St, Chelsea, MI 48118

    550-552 Cleveland St Unit 550 Cleveland St, Chelsea, MI 48118

Frequently Asked Questions

How much does it cost to rent a condo in Chelsea, MI?
The median rent for a condo in Chelsea, MI is $2,695 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Chelsea, MI?
To comfortably afford the median rent in Chelsea, MI, a household needs to earn roughly $103,880 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 $2,597 per month in Chelsea, MI, renters typically need to show $7,791 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 Chelsea, MI?
In Chelsea, MI, the price-to-rent ratio is 13.8, 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 Chelsea, MI are best for renting a condo?
The best neighborhood for renting in Chelsea, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include South Maple, Water Hill, Downtown Ann Arbor, Old West Side and Elbel, each with its own character and price range.

Condo Rental Trends in Chelsea, MI

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$2,695
Median 3 Bedroom Condo Rent
$2,695
How to Rent a Home