7

South Lyon, MI Condos for Rent

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  • /18

    $1,200 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    151 E McHattie St Unit 2, South Lyon, MI 48178

    Property Id: 2593988Welcome to this recently updated 1-bedroom, 1-bath apartment located in one of South Lyon's most desirable locations. Offering a bright and inviting living space, this apartment combines modern updates with the convenience of downtown living.Inside, you'll find a spacious bedroom, an updated bathroom, fresh finishes throughout, and a functional kitchen with

    (586) 204-4348

    151 E McHattie St Unit 2, South Lyon, MI 48178
  • /20

    $1,250

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 900 Sq Ft
    • Condo for Rent

    1256 Oxford Manor Ct Unit 1, South Lyon, MI 48178

    2 Bedroom, 1.5 Bathroom apartment for rent for $1,250.00Free WaterRefrigeratorStoveDishwasherWasher/Dryer Hook-up (gas)Lawn/Snow Maintenance*Tenant handles the gas, electric and renters’ insurance.NO PETS ALLOWED & WE DO NOT ACCEPT SECTION 8Rental Requirements & Qualifications:1. Submit an application online2. Application Fee $25: Run a

    1256 Oxford Manor Ct Unit 1, South Lyon, MI 48178
  • /18

    $1,150

    Total Monthly Price

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

    1257 Oxford Manor Ct Unit 1, South Lyon, MI 48178

    1 Bedroom, 1 Bathroom Apartment coming available for rent for $1,150 per month includes:-Free Water-Lawn cutting/Snow Maintenance-Refrigerator-Stove-Dishwasher-Washer/Dryer Hook-up (gas)-AC & Heat Available*Tenant their own gas, electric and renters’ insurance. *no pets*Rental Requirements & Qualifications:1. Fill out the application

    1257 Oxford Manor Ct Unit 1, South Lyon, MI 48178
  • /16

    $1,700

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • Condo for Rent

    113 W Liberty St Unit 3 Bedroom 1 Bathhroom, South Lyon, MI 48178

    Spacious 3-Bedroom Apartment in Downtown South Lyon Prime Location!**113 W Liberty St, Unit 1, South Lyon, MI 48178** **Rent: $1,700/month + $100/month (based on water usage) **Available: Immediately Welcome home to this bright and inviting first-floor 3-bedroom, 1-bath apartment located in the heart of downtown South Lyon, Michigan. With approximately 1,050 sq ft of

    113 W Liberty St Unit 3 Bedroom 1 Bathhroom, South Lyon, MI 48178
  • /26

    $1,350 Per Month

    • 2 Beds
    • 1 Bath
    • 746 Sq Ft
    • Condo for Rent

    204 Princeton Dr Unit 48, South Lyon, MI 48178

    Welcome Home to this recently renovated (2026) cozy 2 bedroom 1 bathroom upper unit condo near downtown South Lyon and Mchattie Park. This condo has everything you need from brand new washer/Dryer (2026), a full appliance kitchen, modern light fixtures, newly renovated full bath (2026), a spacious living area, ample space for storage, and a covered parking space. Water included in rent. Quick

    Smitha Krothapalli Clients First, REALTORS®

    204 Princeton Dr Unit 48, South Lyon, MI 48178
  • /21

    $3,150 Per Month

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

    20905 Pontiac Trail Unit 224, South Lyon, MI 48178

    Looking for a place that feels like home, but without the hassle? Lockwood of Lyon has you covered. Our apartments are designed for comfort and ease, with spacious layouts, a friendly community, and perks that make everyday life just a little sweeter. Enjoy the convenience of two delicious chef-prepared meals included daily, and take advantage of on-site amenities like a fitness center, beauty

    Rachele Evers NextHome One

    20905 Pontiac Trail Unit 224, South Lyon, MI 48178
  • /21

    $3,850 Per Month

    • 2 Beds
    • 1.5 Baths
    • 962 Sq Ft
    • Condo for Rent

    20905 Pontiac Trail Unit 236, South Lyon, MI 48178

    Looking for a place that feels like home, but without the hassle? Lockwood of Lyon has you covered. Our apartments are designed for comfort and ease, with spacious layouts, a friendly community, and perks that make everyday life just a little sweeter. Enjoy the convenience of two delicious chef-prepared meals included daily, and take advantage of on-site amenities like a fitness center, beauty

    Rachele Evers NextHome One

    20905 Pontiac Trail Unit 236, South Lyon, MI 48178

Frequently Asked Questions

How much does it cost to rent a condo in South Lyon, MI?
The median rent for a condo in South Lyon, MI is $1,225 per month, though prices vary by neighborhood, size, and property type. As of June 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 South Lyon, MI?
To comfortably afford the median rent in South Lyon, 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 South Lyon, 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 South Lyon, MI?
In South Lyon, MI, the price-to-rent ratio is 27.0, 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 South Lyon, MI are best for renting a condo?
The best neighborhood for renting in South Lyon, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Thurston, Northern Ann Arbor, Broadway, Kerrytown and Water Hill, each with its own character and price range.

Condo Rental Trends in South Lyon, MI

Rental Home Trends

Number of Condos for Rent
7
Median Condo Rent
$1,225
Median 1 Bedroom Condo Rent
$1,200
Median 2 Bedroom Condo Rent
$1,250
Median 3 Bedroom Condo Rent
$1,700
How to Rent a Home