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Newest Homes for Rent in Chelsea, MI

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  • /10

    $1,875 Per Month

    • 3 Beds
    • 1 Bath
    • 938 Sq Ft
    • House for Rent

    510 Lane St, Chelsea, MI 48118

    Delightful ranch in the City of Chelsea! Updated kitchen with newer laminate floors (throughout the home), counter tops, and cabinets. Recently updated bath with new tile floor, new vanity, and new tub/shower combo. Detached 1.5 car garage and spacious backyard. Walk to downtown Chelsea or the Fairgrounds. Tenants are responsible for utilities and yard maintenance. Dogs are welcome with a

    510 Lane St, Chelsea, MI 48118
  • /27

    $2,350 Per Month

    • 2 Beds
    • 2 Baths
    • 1,145 Sq Ft
    • Condo for Rent

    115 S Main St Unit 315, Chelsea, MI 48118

    DOWNTOWN CHELSEA LUXURY HIGH RISE CONDO! *LYRIC LOFTS* Recently updated, luxury main street apartments perfect for the person who desires downtown living. Apartments feature individual roof top decks, high ceilings and abundant natural lighting. The apartments are located in downtown Chelsea, across the street from the famous Common Grill Restaurant. Within walking distance are several other

    Naomi Dillen The Charles Reinhart Company

    115 S Main St Unit 315, Chelsea, MI 48118
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    $1,750

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,015 Sq Ft
    • Condo for Rent

    317 E Middle St Unit B, Chelsea, MI 48118

    Beautiful architect-designed 2-story apartment a short walk to Main Street through a pleasant historic neighborhood-just steps away from a nature area. This upscale property features oak floors and granite countertops. Generous windows and glass doors create a light-filled interior space, while outdoor decks overlook a mostly private backyard space.Parking for two cars, plus one garage space

    317 E Middle St Unit B, Chelsea, MI 48118
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    $2,495 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

    This newer construction 3-bedroom, 1.5-bath duplex offers a modern layout and convenient Chelsea location. Located less than a mile from downtown Chelsea and approximately two miles from I-94, with easy access to shopping, dining, and commuting routes. All three bedrooms, the full bathroom, and laundry room are located on the second floor. A half bath is conveniently located on the main

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

Frequently Asked Questions

How much does it cost to rent a home in Chelsea, MI?
The median rent for a home in Chelsea, MI is $2,112 per month, though prices vary by neighborhood, size, and property type. As of September 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 Chelsea, MI?
To comfortably afford the median rent in Chelsea, MI, a household needs to earn roughly $84,480 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 $2,112 per month in Chelsea, MI, renters typically need to show $6,336 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 17.0, 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 home?
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 home include Jackson, Arborview, South Maple, Water Hill and Eberwhite, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,112
Median Single Family Home Rent
$2,500
Median Condo Rent
$2,350
How to Rent a Home