States › Michigan › Ypsilanti

Is Ypsilanti, MI expensive to live in?

ExpensiveRent takes 30 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,27327% lower than U.S. average
💵 Families earn per year (2026)$50,245about $4,187/month · 42% lower than U.S. average
🔑 House price$232,70030% lower than U.S. average

Rent is lower than in 71% of U.S. cities. A typical house costs about 4.6 years of household income. Most households rent (67%), so there are plenty of rental options.

How much money do I need?

To rent here comfortably, you should earn about $50,920 a year. That is $24 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 82 of 179 cities from cheapest to most expensive.

Ypsilanti
$1,273
Monroe
$898
Adrian
$1,193
Ferndale
$1,835
Cutlerville
$1,782
Mount Pleasant
$1,055
Haslett
$1,440

How much do households earn in Ypsilanti?

Under $25k
19.0%
$25k–50k
30.7%
$50k–100k
27.4%
$100k–150k
7.5%
$150k+
4.5%

Share of households by yearly income. 11.9% of households earn $100,000 or more.

Rent by apartment size in Ypsilanti

SizeYpsilantiU.S. average
Studio$879$1,338
1 bedroom$1,065$1,324
2 bedrooms$1,318$1,509
3 bedrooms$1,604$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Ypsilanti overall?

Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).

Housing
82
Goods (food, clothes…)
96
Utilities
100
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Ypsilanti, so the Michigan figure is shown.

Taxes and bills in Ypsilanti

🏛️ Property tax$4,331a year · 1.86% of home value · U.S. $3,119
⚡ Electric bill$123a month (typical) · U.S. $156

Life in Ypsilanti

Commute to work23 minU.S.: 26.4 min
College degree46.9%U.S.: 35.7%
Own their home33.2%U.S.: 65.2%
Below poverty line24.8%U.S.: 12.5%
Unemployment8.5%U.S.: 5.2%

Is it cheaper to rent or buy in Ypsilanti?

Renting is cheaper right now: about $342 a month less.

Renting
$1,273
Owning
$1,615

Owning assumes a typical $232,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,270 for the down payment.

Frequently asked questions

What is the average rent in Ypsilanti, MI?

Renting in Ypsilanti costs a median of about $1,273 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in Ypsilanti?

To keep rent under 30% of income, you need about $50,920 a year, or $24 an hour at a full-time job.

Is Ypsilanti cheap or expensive?

Ypsilanti is rated Expensive: rent takes 30.4% of the typical household income of $50,245. It ranks 82nd cheapest of 179 Michigan cities we track.

How much are property taxes in Ypsilanti?

The median homeowner in Ypsilanti pays $4,331 a year in property taxes, about 1.86% of the median home value.

Is Ypsilanti 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 Ypsilanti?

The median home value in Ypsilanti is $232,700, about 4.6 times the typical yearly household income.

19,857 people live in Ypsilanti. Numbers are typical (middle) values.