Long-term Rental Rates — August 2026 · ZIPs: 48197,48198
Local market data by Estaite
As of August 2026, rental prices in Ypsilanti / EMU, MI range from $1,085 to $2,925 per month depending on property type and bedroom count.
The largest year-over-year increase was for 4BR single-family homes, which rose 7.65%, while most other segments experienced declines.
Among 2BR options, single-family homes have a median rent of $1,592 compared to $1,244 for apartments and $1,460 for condo/townhomes.
What is the current range of rent prices in Ypsilanti / EMU, MI?
In August 2026, median rents in Ypsilanti / EMU, MI start at $1,085 for a 1BR apartment and go up to $2,925 for a 4BR condo/townhome.
Which segment saw the highest annual growth in Ypsilanti / EMU, MI, and was that growth widespread or concentrated?
The 4BR single-family segment had the highest year-over-year growth at 7.65% in August 2026, while other single-family bedrooms saw declines or smaller decreases, indicating the increase was concentrated in 4BRs.
What is the premium for renting a condo/townhome compared to an apartment for the same bedroom count in Ypsilanti / EMU, MI?
For 2BR units in August 2026, condo/townhomes have a median rent of $1,460, which is $216 more than 2BR apartments at $1,244; for 1BRs, the condo/townhome premium is $141 ($1,226 vs $1,085).
In Ypsilanti / EMU, MI, which bedroom type has one property type dramatically outperforming the others in terms of rent?
For 4BR units in August 2026, condo/townhomes have the highest median rent at $2,925, significantly above single-family homes at $2,731 and apartments at $2,118.
Ypsilanti / EMU, MI
August 2026
48197,48198
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,042 – $1,129
1.90%
-7.34%
2-Bedroom
$1,194 – $1,294
-4.03%
-8.99%
3-Bedroom
$1,584 – $1,750
-6.08%
-14.50%
4-Bedroom
$2,033 – $2,202
-14.77%
-15.31%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,195 – $1,256
0.63%
-7.64%
2-Bedroom
$1,416 – $1,504
-5.74%
-10.38%
3-Bedroom
$2,185 – $2,297
3.97%
-1.74%
4-Bedroom
$2,819 – $3,033
1.09%
4.33%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,368 – $1,410
-2.42%
-0.46%
2-Bedroom
$1,552 – $1,632
1.26%
-2.95%
3-Bedroom
$1,908 – $2,006
3.85%
-2.11%
4-Bedroom
$2,622 – $2,840
5.77%
7.65%
Data updated: September 25, 2026
Ypsilanti / EMU Rental Trends
In the Ypsilanti / EMU (48197, 48198) rental market, 1-bedroom condos recorded a steep monthly loss, falling 18.8% to $1,076 for June 2026. Year-over-year, this segment declined by 16.2%, reflecting notable downward pressure for small condo units across the market.
For mid-sized units in Ypsilanti / EMU (48197, 48198), 2-bedroom apartments saw rents increase 4.3% over the month, reaching $1,267. Despite this growth, the segment is still down 5.5% year-over-year, indicating recent gains have not reversed longer-term declines.
Larger-unit Ypsilanti / EMU (48197, 48198) rental trends reveal 4-bedroom single-family homes grew 5.7% year-over-year to $2,536, while 4-bedroom condos saw a 2.9% decrease to $2,683. Single-family homes thus outperformed condos by both annual growth rate and a $147 gap in median rent.