$2,595 Per Month
- 3 Beds
- 1 Bath
- 1,675 Sq Ft
- House for Rent
1924 Warwick St, Sylvan Lake, MI 48320
Property Id: 1771704 Updated Kitchen and Bathroom. Some furniture included if needed. New landscaping and fully fenced yard with patio.
Frequently Asked Questions
How much does it cost to rent a single-family home in Sylvan Lake, MI?
The median rent for a single-family home in Sylvan Lake, MI is $2,273 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Sylvan Lake, MI?
To comfortably afford the median rent in Sylvan Lake, MI, a household needs to earn roughly $78,000 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 $1,950 per month in Sylvan Lake, MI, renters typically need to show $5,850 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 Sylvan Lake, MI?
In Sylvan Lake, MI, the price-to-rent ratio is 15.4, 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.
