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South Lyon, MI Condos for Rent

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  • /15

    $1,475

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 875 Sq Ft
    • Condo for Rent

    329 McMunn St Unit B, South Lyon, MI 48178

    Duplex nestled in the heart of South Lyon, just a leisurely stroll from the thriving downtown area, this 3-bedroom, 1-bathroom home offers the perfect blend of modern comfort, convenience, and family-friendly living.Prime Location: Peaceful neighborhood where the charm of downtown South Lyon is at your doorstep. Explore the quaint boutiques, savor meals at cozy cafes, and become part of a

    329 McMunn St Unit B, South Lyon, MI 48178
  • /26

    $1,475

    Total Monthly Price

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

    61035 11 Mile Rd Unit 2-5, South Lyon, MI 48178

    You must be at least 55 yrs old to rent here. This is a 55+ community in Colonial Acres located In South Lyon offers many activities in the complex, senior center and pool. This very clean, bright corner unit has new carpet, two bedrooms and 1 bath. Also condo has an enclosed/covered back porch. All appliances are included. Water and heat included in rent. And added bonus is covered car

    61035 11 Mile Rd Unit 2-5, South Lyon, MI 48178
  • /42

    $1,750 Per Month

    • 2 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • Condo for Rent

    61960 Arlington Cir Unit 3, South Lyon, MI 48178

    55+ Community... Offers 2 Bedroom 2 Full Bath Condo CENTRAL AIR, Open Floor Plan. Kitchen with GRANIT COUNTERS, Skylight, Stainless Appliances Gas Range Newer Laminate Floors. Living Room with Cathedral Ceiling, Laundry, Primary Bedroom, 2nd Bedroom Leading to 3 Season Sunroom all on the First Floor. Lower Level offers bedroom/workroom, Full Bath, Family Room and Storage. CENTRAL AIR 2 YEARS OLD.

    Kimberly Champe Real Estate One-Brighton

    61960 Arlington Cir Unit 3, South Lyon, MI 48178
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    $1,175 Per Month

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

    151 E McHattie St, South Lyon, MI 48178

    151 E. McHattie St. #2 | South Lyon, MI 48178 Welcome home to this charming 1-bedroom, 1-bathroom apartment located in the heart of South Lyon. This well-maintained unit offers comfortable living with convenient amenities, including on-site laundry and off-street parking. The apartment features baseboard heating and is available for immediate occupancy. Residents are responsible for electricity

    Anne Jacobs The Stephan Group

    151 E McHattie St, 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 $1,375 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 South Lyon, MI?
To comfortably afford the median rent in South Lyon, MI, a household needs to earn roughly $100,000 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 $2,500 per month in South Lyon, MI, renters typically need to show $7,500 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 16.4, 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 Orchard Hills-Maplewood, Northern Ann Arbor, Broadway, West Bloomfield Township and Kerrytown, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,375
Median 2 Bedroom Condo Rent
$1,275
Median 3 Bedroom Condo Rent
$1,475
How to Rent a Home