Though Detroit as a whole is an affordable place to live, you should expect to spend at least $1,591 on average for a one-bedroom apartment. $1,596 to $952. The cost of rent in University varies depending on several factors including but not limited to: the unit size, the count of bathrooms, and the location within University. The cost of rent varies depending on several factors, including location, size, and quality. With museums galore, lively nightlife, delectable restaurants, and conventions held almost every month of the year, Detroit is a mecca for entertainment. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. . Most rentals in Detroit, MI (34.94%) are 3+ bedroom apartments, Clubhouse Studio rents have $1,783 to $903. Browse Listings Based on 2017 city data, the average monthly rent is $705.00. The average rent for a three bedroom apartment in Detroit, MI is $1,997 per month. We analyze our active inventory in real-time to find trends in rent prices across the country. This is a 9% decrease compared to the previous year. 3-bedroom rents have Visit the Motown Museum or catch a game at Comerica Park. Renters here can expect a true urban/city living vibe and convenient access to the Fisher Building, shopping, restaurants and public transportation. The average rent for a two bedroom apartment in Detroit, MI is $1,286 per month. In Unit Washer & Dryer Keep For a two-bedroom apartment the average rent is $1,794 per month. The cost of rent in Detroit varies depending on several factors including but not limited to: the unit size, the count of bathrooms, and the location within Detroit. fallen substantiallyover the last year. Detroit, Michigan Apartment rent in Downtown Detroit has increased by 0.9% in the past year. Note, if you're looking for more living space than a one-bedroom apartment can provide or desire to live in a specific district, then you should read on to find out more about the cost of living in Detroit. If youre a student moving to an apartment in Detroit, youll have access to Wayne State University, Wayne County C.C., Downtown, and Detroit Mercy, McNichols. In the last month, the average rent price in Central for a 3 bedroom apartment increased by approximately 8%. In the last month, the average rent price in Macomb for a 1 bedroom apartment remained approximately flat. Real dollars are calculated using the CPI-U less shelter series. As of June 5, 2023, the 1 bedroom apartment average rent in Macomb, Detroit, MI is $1,170. Rent Trends As of May 2023, the average apartment rent in Midtown Detroit is $852 for a studio, $1,092 for one bedroom, $1,489 for two bedrooms, and $1,554 for three bedrooms. Save searches and listings, create email alerts, and see rent averages by neighborhood. Apartments.com 1 bedroom apartments for rent Downtown Detroit, 1 bedroom apartments for rent Winter Halter. 1 of 47 Verified 3 Units Available Cathedral Tower 80 E Hancock St, Detroit, MI 48201 University Studio $1,180 363 sqft 1 Bedroom $1,220 476 sqft Get all the insight you need to make your rental decision by reading candid reviews at ApartmentRatings.com. All photos, videos, text and other content are the property of RentGroup Inc. For two people eating a three-course dinner, you'll spend about $60. Moreover, along those same lines, Detroit is considered to be one of the top 10 innovated hubs in the U.S., which definitely makes for an expansive job market. Kitchen Only one city nearby has an average rent lower than that. No warranty or guarantee of accuracy is offered or implied. The city is a great destination for sports lovers as one of the few American cities with major leagues in football, baseball, basketball, and hockey. You must save a search in order to receive alerts. How much is a studio apartment in Detroit, MI? 3-bedroom rentals prices have Zumper is built by passionate people in San Francisco. What are the average rent costs of a four bedroom apartment in Detroit, MI? For a studio apartment in Detroit, MI, the average rent is $1,014. The monthly rent for apartments in Detroit, MI ranges from $500 to $1,700+. gone up by 0.84% this month. Downtown Detroit is a buzzing commercial district thats centered on Woodward Avenue, lined with various retailers and restaurants. The median monthly gross residential rent in Detroit, MI (the Detroit-Warren-Livonia metro area) was $962 in 2019 according to the Census ACS survey. In the last month, the average rent price in Central for a 1 bedroom apartment increased by approximately 14%. Monuments paying tribute to Detroits rich history are everywhere while astonishing architecture and public artwork is scattered throughout the city. Of course, you don't have to take our word for it. Refrigerator However, square footage varies based on unit type. , 3. gone down by 25.87% this month. The most expensive spot in Detroit city is West Side Industrial. Some of these neighborhoods include. The average rent for apartments in Detroit, MI, is between $1,014 and $1,702 in 2023. Here, the average rental rate is $2,025 a month. The cost of living is low while rental rates for apartments, condos, and houses are highly attractive for any budget. In June 2023 the average rent price in Central, Detroit, MI for a 3 bedroom apartment is $1,400 per month. Rent prices in Central vary based on multiple factors including but not limited to: the unit size, the count of bathrooms, and the location within Central, Detroit, MI. gone up by 15.91% this month. Known as the origin of the automobile industry, the Motor City is moving towards a future of economic opportunity with roots far beyond the world of cars. For Detroit, median monthly gross rent as a fraction of median household income was 18.19% in 2019 according to the ACS. The Detroit household renter fraction peaked in in 2016 at 32.38% and is now 2.00% below that level. Ultimately, with so much to see and do here, there's no reason not to consider moving to these D-town neighborhoods. You must save a search in order to receive alerts. How much is a one bedroom apartment in Detroit, MI? >Detroit Neighborhoods by Average Rent Prices, Do Not Share or Sell My Personal Information, More than 670,000 people call Detroit home, Detroit is home to multiple Fortune 500 headquarters like General Motors and Henry Ford Health System, Find the most expensive and cheapest Detroit neighborhoods to stay within your budget. Use our detailed filters to find the perfect place, then get in touch with the property manager. Local restaurants, big-box stores, and public transit are all commonplace in this buzzing downtown district. Pool In Detroit, youll find top-ranking elementary schools like Wright Charles School, Bates Academy, and Clippert Academy. Apartments for rent in Detroit, MI reviews and ratings. In the last month, the average rent price in Macomb for a 2 bedroom apartment increased by approximately 3%. Apartments for Rent in Detroit, MI - 1696 Rentals | ApartmentGuide.com Sponsored | Luxury Community 1 day ago 7 Units Available (40) City Place Detroit - Utilities Included! 4-bedroom rents have In 2019 30.38% of households were renters according to Census ACS data. Or sign in if you already have an account, *Please enter your address or point of interest. Walk-In Closets Of course, there are a variety of things that factor into Detroit's average rent. Apartments near College for Creative Studies, Apartments near Wayne County Community College District, TREC: Information about brokerage services, Consumer protection notice. Look out for the rent special icon! Fortune 500 companies and tech startups are practically popping up everywhere these days. APARTMENT GUIDE and the APARTMENT GUIDE Trade Dress are registered trademarks of RentGroup Inc. or its affiliates. 1 bedroom apartments for rent Downtown Detroit, 1 bedroom apartments for rent Winter Halter. When it comes to 1-bedroom apartments, the average rent in Detroit, MI, is $1,452. Northville Apartments For Rent Royal Oak Apartments For Rent Southfield Apartments For Rent Superior Township Apartments For Rent Westland Apartments For Rent Homes For Rent Ann Arbor Homes For Rent Canton Homes For Rent Dearborn Heights Homes For Rent Detroit Homes For Rent Eastpointe Homes For Rent Livonia Homes For Rent Northville Homes For Rent Ask any local and theyll tell you that Detroit is a great city and its not hard to see why. What is the average commute time? A one-bedroom apartment in Detroit will cost an average of $674 per month. Eggs (regular) (12) 4.03 $. Dishwasher 168 Rentals Available Page 1 of 2 Top Rated for Location Today Compare The Scott At Brush Park 3150 Woodward Ave, Detroit, MI 48201 Available 1 BED $1,650 View Details Contact Property Property reviews 5/5 Jonathan C. on Sep 6, 2022 I've lived here for a few months; I love the convenience and the atmosphere of its residents. The average rent for an apartment in Detroit is $1,215. Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units. What high schools are near Detroit, MI? Next up is Lower Woodward, where apartments go for $1,357/month, followed by Palmer Park with $997 If you're looking to rent in Detroit's most popular neighborhoods, make sure to also check out Vernor - Junction, where . As the birthplace of Motown, Detroit has a long tradition of producing legendary musicians like Diana Ross and Stevie Wonder. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. Dishwasher 2 Beds. Apartment rent in Downtown Detroit has increased by 0.4% in the past year. This tradition continues today and its easy to find live performances from every genre. Having convenient access to the Riverwalk and Belle Isle alone makes this particular neighborhood something special. The cost of living is low while rental rates for apartments, condos, and houses are highly attractive for any budget. Students looking to rent in Downtown Detroit while staying close to campus will have access to Wayne County C.C., Downtown, Wayne State University, and Wayne County C.C., Eastern. *Please enter your address or point of interest. The rental data for, Discover The Most Affordable Neighborhoods in Detroit, Discover The Most Expensive Neighborhoods in Detroit, Discover The Most Popular Neighborhoods in Detroit, Estimates for the most recent period have a high degree of uncertainty due to limited data for this bedroom type in. Fitness Center Gross rent is defined as contract rent plus the estimated average monthly cost of utilities EV Charging, Dog & Cat Friendly In the last month, the average rent price in University for a 2 bedroom apartment remained flat. How have rent prices in Detroit, MI changed this year? Gated Detroit sits just across from Windsor, ON so residents of Detroit have easy access to this Canadian destination. The average rent in Detroit is currently $1,373 per month. Detroit MI Apartments For Rent. Use our search filters to browse all 904 apartments and score your perfect place! There are a total of 3 counties located by Detroit, MI. The city is a great destination for sports lovers as one of the few American cities with major leagues in football, baseball, basketball, and hockey. As of June 5, 2023, the 1 bedroom apartment average rent in University, Detroit, MI is $1,550. An apartment for rent in Detroit, Michigan typically goes for $1,215 per month, while a single-family home for rent in Detroit, Michigan has a monthly cost of around $2,290. The price of rent in Macomb varies depending on several variables including but not limited to: the unit size, the count of bathrooms, and the location within Macomb, Detroit, MI. In the last month, the average rent price in Detroit for a 1 bedroom apartment increased by approximately 3%. If youre a student moving to an apartment in Detroit, youll have access to Wayne State University, Wayne County C.C., Downtown, and Detroit Mercy, McNichols. Showing 1 - 3 of 3 results No Security Deposit Apartments near Detroit Explore listings within 5 miles that match your search: Online tours $1,660 2 Beds 1 Bath 5d+ ago 359 E Saratoga St #1, Ferndale, MI 48220 Ferndale Request a tour Message Online tours $2,500 612 results. Or sign in if you already have an account, 5965-6139 Evergreen Rd, Dearborn Heights, MI 48127, 25588 Shiawassee Rd, Southfield, MI 48033, 23810 W Warren St, Dearborn Heights, MI 48127, 1019-1065 Covington Dr, Detroit, MI 48203, 17435-17529 Manderson Rd, Detroit, MI 48203. In comparison, the zipcode with the most expensive average rent of $2,945 per month is 48009, Birmingham, MI. Good News! in the palm of your hand throughout your rental journey. 2023 RentGroup Inc. All rights reserved. We analyze our active inventory in real-time to find trends in rent . Or sign in if you already have an account, enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. Apply to multiple properties within minutes. *Please enter your address or point of interest. Visit the Motown Museum or catch a game at Comerica Park. Price per Square Feet to Buy Apartment in City Centre. So, what are you waiting for? Apartment (3 bedrooms) Outside of Centre. Studio rentals prices have As of May 16, 2023, the 1 bedroom apartment average rent in Central, Detroit, MI is $950. Zumper is built by passionate people in San Francisco. Pool The average apartment rent in Detroit is $1,215 per month so any rental south of $972 would be considered . As of June 2023, the average apartment rent in Downtown Detroit is $1,003 for a studio, $1,416 for one bedroom, $1,950 for two bedrooms, and $2,973 for three bedrooms. At $962, real median gross rent in Detroit was at its highest level in 2019 since the series began in 2005. In the last month, the average rent price in Detroit for a 3 bedroom apartment remained flat. When you rent an apartment in Detroit, you can expect to pay as little as $848 or as much as $1,997, depending on the location and the size of the apartment. The price of rent in University varies depending on several variables including but not limited to: the unit size, the count of bathrooms, and the location within University, Detroit, MI. The average rent for the Downtown Detroit neighborhood of Detroit, MI is , but rentals range from as little as $1,003 to as much as $2,973 depending on the rental style. while the median apartment size for Detroit, MI is 927 square feet. gone down by 1.37% this month. Here, you can expect to find urban and trendy shops, restaurants and more. For a comprehensive list of the average neighborhood rent prices in the city of Detroit, see the chart below. Laundry Facilities, Dishwasher Clubhouse, Showing 25 of 337 Results - Check out 1,101 verified apartments for rent in Detroit, MI with rents starting as low as $450. Average rent in Detroit, MI Last updated February 2023 What is the average apartment size in Detroit? The average rent in Detroit is $801. We analyze our active inventory in real-time to find trends in rent prices across the country. There are a total of 7 zipcodes in or near Detroit, MI. Sort: Default. Dishwasher Good News! Zumper is built by passionate people in San Francisco. The average rent of a studio apartment in Detroit, MI is $953. Detroit rent as a percent of median income. Housing here is contemporary with hardwood floors, brand-name appliances, chic lobbies, lavish onsite amenities, etc. A share of 14% of apartments in Downtown Detroit, Detroit, MI have the cheapest rents between $701-$1,000. $1,725+ Studio. The 313 is a thriving city that's continuously changing for the better. Choose from 1753 apartments for rent in Detroit, Michigan by comparing verified ratings, reviews, photos, videos, and floor plans. Downtown Detroit has two bedroom apartments that rent for around $1,950 per month. This rental is accepting applications through Apartments.com. Discover The Most Affordable Neighborhoods in Detroit The most Affordable Neighborhoods in Detroit are Mackenzie where the average rent can go for $505/month, Cody-Rouge, where the average rent can go for $600/month, and Winter Halter, where the average rent can go for $800/month. three bedroom apartments in Downtown Detroit are usually priced around $2,973 per month. Downtown Detroit Utilities-Included Apartments, Downtown Detroit Apartments with Washer/Dryer, Downtown Detroit Wheelchair Accessible Apartments. Zumper is built by passionate people in San Francisco. What is the average rent price in Detroit, MI? Though Detroit as a whole is an affordable place to live, you should expect to spend at least $1,591 on average for a one-bedroom apartment. The average rent of a 1-bedroom apartment in Detroit, MI is $1,200. Detroit rents are 15.4% lower than the metro-wide median 3 Bedroom Apartments for Rent in Detroit, MI | 402 Rentals New Lower Price Luxury Community 2 days ago Not Available The Griswold 1117 Griswold St, Detroit, MI 48226 3 Beds2 Baths 1550+ Sqft $3,270-$3,540 (313) 879-0220 Schedule a Tour Deals Special Offer Pet Friendly 1 day ago 1 Unit Available (1) The Kahn 7430 2nd Ave, Detroit, MI 48202 Maintenance on site As of June 5, 2023, the 1 bedroom apartment average rent in Central, Detroit, MI is $1,080. Amenity. Exchange | 310 Gratiot Ave, Detroit, MI. Apartment rent in Midtown Detroit has decreased by -0.9% in the past year. In Unit Washer & Dryer Detroit has so much to offer, and you simply cannot beat the cost of living in this city. 1.97 $. At $979, real average gross rent in Detroit was at its highest level in 2019 since the series began in 2005. In June 2023 the average rent price in Detroit, MI for a 3 bedroom apartment is $1,200 per month. The average rent for a 1-bedroom apartment decreased by -7% to $1,131, and the average rent for a 2-bedroom apartment increased by 8% to $1,527. Rent Trends As of May 2023, the average apartment rent in Downtown Detroit is $1,003 for a studio, $1,411 for one bedroom, $1,947 for two bedrooms, and $2,969 for three bedrooms. This rental is accepting applications through Apartments.com. For a 2-bedroom apartment, the average rent is $1,702. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. 1-bedroom rentals prices have This neighborhood is nestled in the historic area of New Center, and the average rent here is roughly $855 a month. The rental data for, Discover The Most Affordable Neighborhoods in Detroit, Discover The Most Expensive Neighborhoods in Detroit, Discover The Most Popular Neighborhoods in Detroit, Estimates for the most recent period have a high degree of uncertainty due to limited data for this bedroom type in. $2,205+ 1 bd; $3,085+ 2 bds Thus, it makes sense that rent prices are expensive ($2,528 a month average). Market Summary for Detroit, MI $999 Median Rent -9% $96 Year-Over-Year Change 399 Apartments for rent Rent Ranges in Detroit, MI Occupied Housing Units in Detroit, MI The average rent for a one bedroom apartment in Detroit, MI is $848 per month. As a whole, West Side Industrial is very much a coveted housing area. Email me listings and apartment related info. Detroit continues to be a mecca for the arts, food and culture. Our records show that, There are a total of 3 neighborhoods in or near Detroit. The price of rent in Central varies depending on several variables including but not limited to: the unit size, the count of bathrooms, and the location within Central, Detroit, MI. Disposal, Dog & Cat Friendly Points of Interest Transit / Subway Cadillac Center Greektown Broadway Bricktown Privacy policy. A quick search for contemporary apartments with gorgeous riverfront views in any major U.S. city will show you that these rent prices are well worth it. Walk-In Closets What is a cheap rent in Detroit, MI? Expect to pay around $1,003 per month. Save your current search and get the latest updates on new listings matching your search criteria! The rental data for, Discover The Most Affordable Neighborhoods in Detroit, Discover The Most Expensive Neighborhoods in Detroit, Discover The Most Popular Neighborhoods in Detroit, Estimates for the most recent period have a high degree of uncertainty due to limited data for this bedroom type in. Average Monthly Net Salary (After Tax) Comparisons improve with every new data that you enter. The fraction of median Detroit household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 19.74%. Save your current search and get the latest updates on new listings matching your search criteria! Dog & Cat Friendly Transit options in Detroit vary, but overall, it has a transit score of 50. Kitchen Select your school and find the perfect place nearby or on-campus. We analyze our active inventory in real-time to find trends in rent prices across the country. With historical sites galore, Eastern Market, Greektown, waterfront parks, Belle Isle, multiple casinos and much more, this city has a lot to offer everyone. Historically one of the economic and cultural powerhouses of the Midwest, Detroit is full of people who are working towards redevelopment and revitalization. The average rent for a two bedroom apartment in Detroit, MI is $1,286 per month. With museums galore, lively nightlife, delectable restaurants, and conventions held almost every month of the year, Detroit is a mecca for entertainment. one bedroom Downtown Detroit apartments rent for around $1,416 per month. The average rent for a 1-bedroom apartment increased by 2% to $1,550, and the average rent for a 2-bedroom apartment remained flat. Downtown is full of entertainment options and major attractions, such as Comerica Park, home to MLBs Detroit Tigers, Ford Field, home to NFLs Detroit Lions, and Campus Martius Park. The price of rent in Detroit varies depending on several variables including but not limited to: the unit size, the count of bathrooms, and the location within Detroit, MI. 10400 Beaconsfield St. 10400 Beaconsfield St. Detroit, MI 48224. Of course, there are a variety of things that factor into Detroit's average rent. decreased by $881 (-49.38%) year-over-year from gone down by 15.68% this month. , 2. Set a destination, transportation method, and your ideal commute time to see results. Even with all of these attractions, Detroit is ranked 27 percent below the national average in terms of cost of living. Find your next apartment in Detroit MI on Zillow. Thus, if you're considering moving to this amazing city in Michigan, there's no time like the present. Page 1 of 6. New! The average rent of a 2-bedroom apartment in Detroit, MI is $1,150. Refrigerator In June 2023 the average rent price in Macomb, Detroit, MI for a 3 bedroom apartment is $2,325 per month. Page 1 of 14. The average rent of a 2-bedroom apartment in Detroit, MI is $1,100. Ask any local and theyll tell you that Detroit is a great city and its not hard to see why. The median monthly gross residential rent in Detroit, MI (the Detroit-Warren-Livonia metro area) was $962 in 2019 according to the Census ACS survey.1 Average gross rent in Detroit was $979 in 2019. Transit options in Detroit vary, but overall, it has a transit score of 50. 1 br, 1 bath Apartment - 14825 Joy Rd 1482 enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. From a 2018 post peak low of 4.43%, the rental vacancy rate has increased by 0.99%. New Center Commons is slightly different though. The average rent for a one bedroom apartment in Detroit, MI is $848 per month. Lahser & Six Apartments. Data records for this series originated in 2005. He owns both apartment complexes and mobile home communities and has been writing his own blogs for his properties for several years. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'deptofnumbers_com-medrectangle-4','ezslot_16',122,'0','0'])};__ez_fad_position('div-gpt-ad-deptofnumbers_com-medrectangle-4-0'); The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Detroit Michigan was 5.42% according to Census ACS data. Renter-occupied units make up 52% of the local housing market, while the rental vacancy rate in Detroit, Michigan is at 4.4. Monuments paying tribute to Detroits rich history are everywhere while astonishing architecture and public artwork is scattered throughout the city. We feature 118 low-priced rentals directly from property managers, with rents lower than the Detroit, MI average. Apartments For Rent. Pool Set a destination, transportation method, and your ideal commute time to see results. Maintenance on site For the apartment units and housing in June 2023, median rents have New! Balcony Note that this figure includes all active and rented listings throughout the month. Based on these statistics, there's really no reason you can't find inexpensive homes or apartments for rent in the city of Detroit. $1,182 to $1,200. decreased by $33 (-2.94%) year-over-year from Data on deptofnumbers.com is for informational purposes only. The average rent for a studio apartment in Detroit, MI is $873 per month. Walk-In Closets, Dog & Cat Friendly Based on our data, the 2 bedroom apartment average rent in University, Detroit, MI is $2,000. With RentCafe, finding an affordable apartment in Detroit, MI has never been easier. Around 30% of Downtown Detroit's apartments have monthly rents between $1,001-$1,500. $750 1 Bed. The average rent for a 4 bedroom apartment in Detroit, MI is $1,380. Look for Detroit apartments near top-ranking high schools like Renaissance High School, Cass Technical High School, and Communication And Media Arts High School. Based on our data, the 2 bedroom apartment average rent in Central, Detroit, MI is $1,473. Pool Other factors to consider include convenient access to public transportation, nearby venues and dining options, plus the available amenities that are offered. Based on 2017 city data, the average commute is 25.9 mins. Fitness Center . What is a reasonable rent price in Detroit, MI. We analyze our active inventory in real-time to find trends in rent prices across the country. Besides being a popular spot to grab a coffee or do yoga, West Side Industrial apartments, townhomes and condos tend to offer breathtaking waterfront views. You'll spend about $15.26 for a meal at an inexpensive restaurant in Detroit. Rent Prices Last updated on June 1, 2023 As of May 2023, t he average rent for a 1-bedroom apartment in Detroit, MI is $999. The average size of a Detroit, MI apartment is 987 square feet, Detroit sits just across from Windsor, ON so residents of Detroit have easy access to this Canadian destination. Over the past month, the average rent for a studio apartment in University increased by 3% to $1,095. Pool To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily. Contact [emailprotected] (or @deptofnumbers on Twitter) if you have any questions, comments or suggestions. You can calculate the renter fraction in Detroit in at least two ways: by housing units or by population. increased by $18 (1.55%) year-over-year from Range Around 18% of rentals are in the most expensive price range of > $2,000. Apartment rent in Downtown Detroit has increased by 0.4% in the past year. Campus Martius Park is the place to be year-round with its winter wonderland icing skating, summertime sand tiki bars and ongoing festivals. Based on our data, the 2 bedroom apartment average rent in Macomb, Detroit, MI is $1,527. The average rent for all of these zipcodes is $1,175. Look for Detroit apartments near top-ranking high schools like Renaissance High School, Cass Technical High School, and Communication And Media Arts High School. Alternatively, the least expensive housing locations in Detroit are Rosa Parks, Brooks, New Center Commons and the Gold Coast. (586) 571-9259. (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Select your school and find the perfect place nearby or on-campus. Apartment for Rent. This tradition continues today and its easy to find live performances from every genre. Controlled Access Residents enjoy catching a musical at Fox Theatre, a concert at the Filmore Detroit, and the opera at the Detroit Opera House. Month-to-month, seasonality might have a bigger impact than overall trend price changes. Some apartments for rent in Detroit might offer rent specials. The average rent for a 1-bedroom apartment apartment in Central, Detroit, MI is currently $950. In fact, the proximity to local attractions, schools and the business district can all affect the price of your next apartment. This particular area is one of the oldest and is home to several surviving districts, so housing here can very well involve historic complexes with older units. Coming in second is Campus Martius Park District. Located in the Great Lakes State of Michigan, Detroit is a vibrant city full of wonderful places to live, work and play. 4-bedroom rentals prices have 48212 Apartments for Rent; 48221 Apartments for Rent; 48212 Houses for Rent; 48221 Houses for Rent; Rental Buildings. Email me listings and apartment related info. The average rent for a studio apartment in Detroit, MI is $873 per month. If you want a head start on moving, check out the available apartments to rent and homes to buy to find something that meets your needs. Over the past month, the average rent for a studio apartment in Macomb remained flat. The average rent in Detroit is currently $1,300 per month. Refrigerator The rental data for, Discover The Most Affordable Neighborhoods in Detroit, Discover The Most Expensive Neighborhoods in Detroit, Discover The Most Popular Neighborhoods in Detroit, Estimates for the most recent period have a high degree of uncertainty due to limited data for this bedroom type in. The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters. Meanwhile, 2 bedroom apartments account for 30.79%, and 1 bedroom apartments make up 26.77%. In June 2023 the average rent price in University, Detroit, MI for a 3 bedroom apartment is $2,200 per month. Refrigerator Good News! Apply to multiple properties within minutes. Looking for a studio apartment in the Downtown Detroit neighborhood? In the last month, the average rent price in Central for a 2 bedroom apartment increased by approximately 46%. 1 bedroom apartments for rent Downtown Detroit, 1 bedroom apartments for rent Winter Halter, Beach Club Detroit | Waterfront Apartments, Detroit. $1,133 to $1,100. The zipcode with the most affordable average rent for apartment listings is. Based on our data, the 2 bedroom apartment average rent in Detroit, MI is $1,199. This is a 6% increase compared to the previous year. There are a total of 5 cities nearby Detroit. In the last month, the average rent price in University for a 3 bedroom apartment increased by approximately 2%. In the last month, the average rent price in Macomb for a 3 bedroom apartment increased by approximately 8%. We analyze our active inventory in real-time to find trends in rent prices across the country. I've gone with the housing units measure here. decreased by $644 (-40.34%) year-over-year from Do Detroit, MI rent prices drop in winter? Find out how, Showing 25 of 140 Results - The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. Since then it has fallen by 5.83% to 5.42%. Fitness Center Overall, housing in Detroit is rather affordable, even when it comes to more expensive neighborhoods. Both Rosa Parks and Brooks are quieter, family-friendly areas that are slowly but surely becoming more contemporary with remodeled townhomes and new condos. This popular park features abundant food trucks, a concert space, ice skating in the winter, and a man-made beach in the summer in the heart of the city. Woodward West 3439 Woodward Ave, Detroit, MI 48201 $999 - $3,100 | Studio - 2 Beds Email (586) 474-5381 Good Value Sheridan Court 4401-4417 2nd Ave, Detroit, MI 48201 $950 - $1,600 | Studio - 2 Beds Email (586) 382-9763 Videos | Virtual Tour Price Drop. Similar to West Side Industrial, this area offers amazing local attractions literally right outside your front door. The average rent of a 3-bedroom apartment in Detroit, MI is $1,200. Points of Interest Transit / Subway Cadillac Center Greektown Broadway Bricktown At $962, nominal median gross rent in Detroit was at its highest level in 2019 since the series began in 2005. Transportation costs $5,356 for a single adult or $14,164 for two adults and a child annually. 2 Bedroom Apartments for Rent in Detroit, MI | 544 Rentals Sponsored | Pet Friendly 1 day ago Available 7/21 (3) Central Park Apartments 621 Orleans St, Detroit, MI 48207 2 Beds1 Bath 900+ Sqft $1,495 (313) 879-3158 Schedule a Tour New Lower Price Luxury Community 1 day ago 2 Units Available The Griswold 1117 Griswold St, Detroit, MI 48226 Dishwasher Price per Square Feet to Buy Apartment Outside of Centre. Granite Countertops 22145 W McNichols Rd. Apartments For Rent in Detroit MI - 904 Rentals | Apartments.com Get a great Detroit, MI rental on Apartments.com! Maintenance on site Elevator How much is a two bedroom apartment in Detroit, MI? The average rent for a three bedroom apartment in Detroit, MI is $1,997 per month. Since then it has fallen by 1.56% to 18.19%. Rent prices in Detroit vary based on multiple factors including but not limited to: the unit size, the count of bathrooms, and the location within Detroit, MI. $220 Off The Scott at Brush Park 3150 Woodward Ave, Detroit, MI 48201 Detroit; Southfield; Warren; Grand Rapids; Westland; Lansing . 1-bedroom rents have 1 bedroom apartments for rent Downtown Detroit, 1 bedroom apartments for rent Winter Halter. Rent prices in University vary based on multiple factors including but not limited to: the unit size, the count of bathrooms, and the location within University, Detroit, MI. Moving is tough for high school students! . The average rent of a 1-bedroom apartment in Detroit, MI is $1,000. Apply to multiple properties within minutes. In fact, the proximity to local attractions, schools and the business district can all affect the price of your next apartment. At $979, nominal average gross rent in Detroit was at its highest level in 2019 since the series began in 2005. $995 1 bed $1,200 $1,150 $1,200 Michigan Rental Buildings; Detroit Rental Buildings; Exchange; 3320 Spinnaker Ln; 1958 Ewald Cir; Morrell Apartments; Central Park Apartments; Detroit City Club Apartments; The Pavilion; 120 Glynn Court; Nearby Condos For Rent . increased by $238 (16.25%) year-over-year from 2020 Detroit median and average rent data will be released in September of 2021.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'deptofnumbers_com-medrectangle-3','ezslot_2',117,'0','0'])};__ez_fad_position('div-gpt-ad-deptofnumbers_com-medrectangle-3-0'); Data is also available below for Detroit rental vacancy rates, Detroit rent as a percent of median income and the fraction of renters in Detroit. Average Rent in University, Detroit, MI. In Detroit, youll find top-ranking elementary schools like Wright Charles School, Bates Academy, and Clippert Academy. in the palm of your hand throughout your rental journey. This rental is accepting applications through Apartments.com. Email me listings and apartment related info. In all of these neighborhoods, rent prices are less than $1,000 a month, which is hard to find in most metropolitan cities. The median rent in Detroit is 29.1% lower than the national, and is similar to the prices you would find in St. Louis, MO ($977) and Wichita, KS ($951). The origin year for the series is 2005. A total of 3 zipcodes have a average rent that is lower than that. Set a destination, transportation method, and your ideal commute time to see results. Menu Renter Tools Favorites Saved Searches Rental Calculator Manage Rentals Apartments For Rent Ann Arbor Apartments For Rent 2-bedroom rents have Kitchen Rent Trends As of May 2023, the average apartment rent in Downtown Detroit is $1,003 for a studio, $1,411 for one bedroom, $1,947 for two bedrooms, and $2,969 for three bedrooms. The truth is, the neighborhood or district of your choice will likely have a significant impact on your rent. Fitness Center As the birthplace of Motown, Detroit has a long tradition of producing legendary musicians like Diana Ross and Stevie Wonder. Plus, it's only a stone's throw away from the Riverwalk. Known as the origin of the automobile industry, the Motor City is moving towards a future of economic opportunity with roots far beyond the world of cars. Save your current search and get the latest updates on new listings matching your search criteria! New! For the most part, rent varies in Detroit. The cost of rent in Central varies depending on several factors including but not limited to: the unit size, the count of bathrooms, and the location within Central. 2-bedroom rentals prices have 77.87 $. Kitchen The average rent of a 3-bedroom apartment in Detroit, MI is $1,200. Historically one of the economic and cultural powerhouses of the Midwest, Detroit is full of people who are working towards redevelopment and revitalization. Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. The average rent in Detroit is $801. The cost of rent in Central varies depending on several factors including but not limited to: the unit . Range, Dog & Cat Friendly 1 Average gross rent in Detroit was $979 in 2019. A total of 2 cities nearby have an average rent lower than that. This is evident by the fact that more people are moving to the city as of late, and by the increase in the number of businesses or corporations in the area. while the fewest (7.5%) are studio apartments. The three most expensive neighborhoods are located pretty much in the center of Detroit, while the Rosa Parks neighborhood is located near the southwest end of the city. Points of Interest Transit / Subway Times Square Grand Circus Park Michigan Avenue Broadway The rental vacancy rate in Detroit peaked in 2006 at 11.25%. Moving is tough for high school students! This measure looks at the number of renting households in Detroit as a fraction of total Detroit households. Downtown Detroit, Detroit, MI apartment rent ranges. Apartment Rent Ranges in Detroit, MI $1,462 to $1,700. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'deptofnumbers_com-box-4','ezslot_15',123,'0','0'])};__ez_fad_position('div-gpt-ad-deptofnumbers_com-box-4-0'); Using median household income data for Detroit, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. In the last month, the average rent price in University for a 1 bedroom apartment increased by approximately 2%. . 1. Justin Becker is a property owner in the state of Michigan and has a passion for managing communities. You must save a search in order to receive alerts. In the last month, the average rent price in Detroit for a 2 bedroom apartment increased by approximately 7%. When you rent an apartment in Detroit, you can expect to pay as little as $848 or as much as $1,997, depending on the location and the size of the apartment. The zipcode with the most affordable average rent for apartment listings is 48238, Detroit, MI at $1,000 per month. For comparison, the median rent across the nation as a whole is $1,162 for a 1-bedroom, $1,332 for a 2-bedroom, and $1,355 overall. . As of June 5, 2023, the 1 bedroom apartment average rent in Detroit, MI is $1,025. Rent prices in Macomb vary based on multiple factors including but not limited to: the unit size, the count of bathrooms, and the location within Macomb, Detroit, MI. 1600 Antietam Ave, Detroit, MI 48207 Studio1 Bath $900 480+ Sqft 4 Floor Plans 1 Bed1 Bath $950 525-580 Sqft 9 Floor Plans (313) 202-9678 Check Availability Pet Friendly Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. The cost of rent in Macomb varies depending on several factors including but not limited to: the unit size, the count of bathrooms, and the location within Macomb. 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