salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.6 minutes.
How much money do I need?
To rent here comfortably, you should earn about $36,400 a year. That is $18 an hour at a full-time job.
Is rent cheaper than other Michigan cities?
Yes. Rent here is cheaper than in most of Michigan. It is number 18 of 179 cities from cheapest to most expensive.
How much do households earn in Three Rivers?
Share of households by yearly income. 10.5% of households earn $100,000 or more.
Rent by apartment size in Three Rivers
| Size | Three Rivers | U.S. average |
|---|---|---|
| 1 bedroom | $756 | $1,324 |
| 2 bedrooms | $950 | $1,509 |
| 3 bedrooms | $1,161 | $1,698 |
| 4 bedrooms | $1,276 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Three Rivers overall?
Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Three Rivers, so the Michigan figure is shown.
Taxes and bills in Three Rivers
Life in Three Rivers
Is it cheaper to rent or buy in Three Rivers?
About the same. Renting and owning cost within $26 of each other each month.
Owning assumes a typical $134,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $13,490 for the down payment.
Frequently asked questions
What is the average rent in Three Rivers, MI?
Renting in Three Rivers costs a median of about $910 a month in 2026, including utilities. The Michigan median is $1,314.
How much do I need to make to live in Three Rivers?
To keep rent under 30% of income, you need about $36,400 a year, or $18 an hour at a full-time job.
Is Three Rivers cheap or expensive?
Three Rivers is rated OK: rent takes 20.5% of the typical household income of $53,389. It ranks 18th cheapest of 179 Michigan cities we track.
How much are property taxes in Three Rivers?
The median homeowner in Three Rivers pays $1,863 a year in property taxes, about 1.38% of the median home value.
Is Three Rivers more expensive than the national average?
Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Three Rivers?
The median home value in Three Rivers is $134,900, about 2.5 times the typical yearly household income.
7,943 people live in Three Rivers. Numbers are typical (middle) values.