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Coldwater, MI Homes for Rent

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  • /35

    Starting at $1,200 Per Month

    • 1 - 2 Beds

    150 Anderson Dr, Coldwater, MI 49036

    Apartments at Sauk Trail is a community offering a great residential environment, upscale amenities and excellent service for our residents. We offer one and two bedrooms that are sure to please. Whether you want to relax by our resort-style pool or workout in our 24 fitness center, Sauk Trail is sure to have something for you! We are close to shopping, dining, and entertainment and have easy

    Apartments At Sauk Trail

    150 Anderson Dr, Coldwater, MI 49036
  • /8

    $850

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    44 N Hanchett St Unit 3, Coldwater, MI 49036

    Close proximity to downtown. Building was entirely renovated within the 4years. Rental rate includes all utilities except cable/internet. Central Air is also in the building.

    44 N Hanchett St Unit 3, Coldwater, MI 49036
  • /14

    $875

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 775 Sq Ft
    • Condo for Rent

    19 E Pierce St Unit 4, Coldwater, MI 49036

    1 Bedroom 1 Bathroom main floor apartment located in a great Coldwater neighborhood. Apartment is spacious and boasts a nicely updated kitchen and bathroom. Mostly hardwood flooring. Rent includes heat, water, sewer, trash, lawn and snow care. No pets or smoking on the premises.

    19 E Pierce St Unit 4, Coldwater, MI 49036

Why Live in Coldwater

Coldwater, MI, a small city in southern Michigan, has experienced a resurgence in population and industrial growth, thanks in part to the Clemens Food Group's processing plant, which brought nearly 1,800 jobs to the area. With a population nearing 14,000, Coldwater features a mix of lakefront houses, vacant land, and manufactured housing communities, with new apartment developments such as the Summit Apartments expanding residential options. The city is accessible via Interstate 69 and U.S. Highway 12, with public transportation provided by the Branch Area Transit Authority. Outdoor enthusiasts can enjoy 12 parks, two lakes, and the Sauk River, offering activities like boating, kayaking, and fishing, as well as winter ice skating. The Waffle Farm Campgrounds provide over 400 campsites for RVs. Coldwater's educational institutions include the Coldwater Community Schools system and the Kellogg Community College’s Grahl Center. Cultural attractions include the historic Tibbits Opera House and the Capri Drive-In Theater, while the downtown district boasts nearly 100 shops, salons, and restaurants. The crime rate in Coldwater is below the national average, contributing to a sense of safety for residents. The city experiences warm summers and cold winters, with an average annual snowfall of 42 inches.

Frequently Asked Questions

How much does it cost to rent a home in Coldwater, MI?
The median rent for a home in Coldwater, MI is $1,247 per month, though prices vary by neighborhood, size, and property type. As of August 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 Coldwater, MI?
To comfortably afford the median rent in Coldwater, MI, a household needs to earn roughly $49,880 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 $1,247 per month in Coldwater, MI, renters typically need to show $3,741 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 Coldwater, MI?
In Coldwater, MI, the price-to-rent ratio is 14.5, 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.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,247
Median Single Family Home Rent
$1,645
Median Condo Rent
$850
How to Rent a Home