The average monthly rent of apartments in Detroit, MI is $1,071.
About 30% of apartment rents in Detroit, MI range between $701-$1,000. Meanwhile, apartments priced over $1,001-$1,500 represent 22% of apartments. Around 25% of Detroit’s apartments are in the $501-$700 price range. 2% of apartments are priced < $500.
Compared to the national average rent of $1,395, the average rent in Detroit, MI is $1,071.
Prices and availability in Detroit, MI were last updated on 17 Aug 2023.
The best apartment in Detroit, MI is: 2000 Brush Street.
The average rent in Detroit, MI is $1,071. Start your search for apartments in Detroit, MI now.
In Detroit 52% of the housing is rented out compared to 48% of homes are owned, according to the most recent Census Bureau estimates. 17% of Detroit’s apartments are found in large buildings of 50 units or more, 36% are located in smaller apartment complexes with less than 50 units, and 46% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Detroit are about 48 years old, on average. Of these, 17% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 8 stories. About 60% of the rental communities here are low-rise, garden-style communities, 15% are mid-rises, and 34% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Studio apartments in Detroit are around 8% of rentals, while 1-bedroom floor plans represent 55% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 31% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
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