Yes, as you can see from he qualifications listed below, renters can also qualify.
Who qualifies for a homestead property tax credit?
You may claim a property tax credit if all of the following apply beginning 2012:
- Your homestead is in Michigan
- You were a resident of Michigan for at least six months during the year
- You own or are contracted to pay rent and occupy a Michigan homestead on which property taxes were levied
- If you own your home, your taxable value is $135,000 or less
- Your total household resources are $50,000 or less (part year residents must annualize total household resources to determine if a credit reduction applies)
From the MI Department of Revenue
http://www.michigan.gov/taxes/0,4676,7-238-43535_43538-155081--,00.html