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Apartments for rent in Buchanan, MI

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Local Guide

See what Buchanan, MI has to offer.

All About

Living in Buchanan, MI

Buchanan is a small town in Michigan with a population of just over 4,000. The town's population, with an average age of just over 39, is middle-of-the-pack compared to other municipalities in Michigan, which has an average age of 38. Renters tend to be in the minority in the town, and 59% of residents own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $690/month. Over the course of a year, renters in Buchanan will save around $2,200 compared to the state average.

Buchanan has an average commute time of about 27 minutes. Driving is the most common mode of getting to work, selected by 40% of workers, while public transit is not used. Riding a motorcycle is the second-most favored means of commuting to work, selected by 1% of commuters. Relatively few residents walk to work.

There are plenty of industries from which to choose in Buchanan. The four most common are healthcare, manufacturing, entertainment, and education. Combined, these industries account for 27% of the town's labor force. Meanwhile, looking at job function, 7% of the town's population works in sales, which ranks as the top career path in the town. Buchanan workers earn an average annual income of just over $55,000, around $6,000 less than their peers elsewhere in Michigan. Buchanan's average income also trails the national average ($73,345). Compared to the national average (5%), Buchanan has a high concentration of residents older than 25 who possess an Associate's degree (8%). Additionally, 8% possess a Bachelor's degree and 3% have earned a Master's degree or Doctorate.

Who Lives Here

Buchanan Demographics

Education

High School

28%

Associate's

23%

Bachelor's

11%

Master's

2%

Doctorate

35%

Family Size

2 people

46%

3 people

20%

4 people

14%

5 people

17%

6+ people

3%

Household Income

0-50k

54%

50-100k

29%

100-150k

8%

150-200k

7%

200k+

1%

Age

0-10

13%

10-20

16%

20-45

27%

45-65

28%

65+

17%

Affordability

How expensive is it in Buchanan?

Rent Trends

Studio1 Bed2 Beds3 Beds
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Mar '23$679$700$800$967
Feb '23$679$700$825$967
Jan '23$700$725$872$955
Dec '22$700$750$872$955
Nov '22$700$750$872$955
Oct '22$700$725$872$955
Sep '22$674$700$825$904

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Getting Around Buchanan

Buchanan Transportation

Commute Time

0-15 Mins

36%

15-30 Mins

33%

30-40 Mins

18%

40-60 Mins

8%

60+ Mins

5%

Transportation Scores

Percentage: 4040

Walk Score®

Percentage: 4343

Bike Score®

Buchanan Education

Schools

Top Schools in Buchanan

6/10

Moccasin Elementary School

Grades 2-4 • Public

NRNo Rating

Stark Elementary School

Public

NRNo Rating

Ottawa Elementary School

Grades PK-1 • Public

5/10

Ballard Elementary School

Grades K-5 • Public

NRNo Rating

Northside Child Development Center

Grades PK-K • Public

NRNo Rating

Merritt Elementary School

Grades PK-2 • Public

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

All About

Living in Buchanan, MI

Buchanan is a small town in Michigan with a population of just over 4,000. The town's population, with an average age of just over 39, is middle-of-the-pack compared to other municipalities in Michigan, which has an average age of 38. Renters tend to be in the minority in the town, and 59% of residents own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $690/month. Over the course of a year, renters in Buchanan will save around $2,200 compared to the state average.

Buchanan has an average commute time of about 27 minutes. Driving is the most common mode of getting to work, selected by 40% of workers, while public transit is not used. Riding a motorcycle is the second-most favored means of commuting to work, selected by 1% of commuters. Relatively few residents walk to work.

There are plenty of industries from which to choose in Buchanan. The four most common are healthcare, manufacturing, entertainment, and education. Combined, these industries account for 27% of the town's labor force. Meanwhile, looking at job function, 7% of the town's population works in sales, which ranks as the top career path in the town. Buchanan workers earn an average annual income of just over $55,000, around $6,000 less than their peers elsewhere in Michigan. Buchanan's average income also trails the national average ($73,345). Compared to the national average (5%), Buchanan has a high concentration of residents older than 25 who possess an Associate's degree (8%). Additionally, 8% possess a Bachelor's degree and 3% have earned a Master's degree or Doctorate.