Detroit, MI Rental Market Trends
What is the average rent in Detroit?
The average rent for an apartment in Detroit is $1,071. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Detroit, MI
Average Rent | Average Apartment Size |
---|---|
$1,071 | 801 sq. ft. |
What is the average apartment size in Detroit?
The average size for a Detroit, MI apartment is 801 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Detroit, MI apartment rent ranges
Detroit, MI Occupied Housing Units
129,225 or 52% of the households in Detroit, MI are renter-occupied while 120,871 or 48% are owner-occupied.
Detroit, MI rent trends
How Detroit Compares to Other Cities
City | Average Rent |
---|---|
Grand Rapids | $1,082 |
Detroit | $1,071 |
What is the average price for a storage unit in Detroit?
The average rent for a non-climate-controlled 10'x10' storage unit in Detroit is $184.88. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.