Average Rent in Detroit, MI

Detroit rentals average $0 for a studio rental to $1,700 for a 4-bedroom rental. The median price of all currently available listings is $1,250, or roughly $1 per square feet.

For the apartment units and housing in January 2025, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $350 (-21.88%) year-over-year from $1,600 to $1,250. 1-bedroom rentals prices have decreased by $132 (-11.17%) year-over-year from $1,182 to $1,050. 2-bedroom rentals prices have increased by $57 (5.48%) year-over-year from $1,033 to $1,090. 3-bedroom rentals prices have increased by $42 (3.45%) year-over-year from $1,208 to $1,250. 4-bedroom rentals prices have decreased by $38 (-2.62%) year-over-year from $1,450 to $1,412. 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 down by 15.72% this month. 1-bedroom rents have gone down by 23.34% this month. 2-bedroom rents have gone down by 4.53% this month. 3-bedroom rents have gone down by 1.57% this month. 4-bedroom rents have gone down by 11.51% this month.