Average Rent in Detroit, MI

Detroit rentals average $0 for a studio rental to $1,710 for a 4-bedroom rental. The median price of all currently available listings is $1,275, or roughly $1 per square feet.

For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $183 (-11.96%) year-over-year from $1,533 to $1,350. 1-bedroom rentals prices have decreased by $42 (-3.20%) year-over-year from $1,315 to $1,273. 2-bedroom rentals prices have increased by $162 (15.65%) year-over-year from $1,033 to $1,195. 3-bedroom rentals prices have increased by $50 (4.08%) year-over-year from $1,225 to $1,275. 4-bedroom rentals prices have increased by $366 (24.69%) year-over-year from $1,483 to $1,850. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 6.59% this month. 1-bedroom rents have gone down by 17.40% this month. 2-bedroom rents have gone up by 1.85% this month. 3-bedroom rents have gone down by 0.65% this month. 4-bedroom rents have gone up by 12.10% this month.