Rental prices in Burns Park, Ann Arbor, MI have decreased by 4.68% over the past year. The average rent moved from $5,176 to $4,933.
Check out the average rent in Ann Arbor.
The national average price of rental apartments is $1,741, while the average monthly rent in Burns Park, Ann Arbor, MI is $4,933.
The average monthly rent for an apartment in Burns Park, Ann Arbor, MI is around $4,933.
A share of 6% of apartments in Burns Park, Ann Arbor, MI have the cheapest rents between $1,001-$1,500. Around 9% of rentals are $2,501-$3,000. Around 8% of Burns Park's apartments have monthly rents between $1,501-$2,000. There are 3% of apartments with rents between $2,001-$2,500. A share of 74% of apartment rentals in Ann Arbor are in the > $3,000 range.
The largest share of rentals in Burns Park, Ann Arbor, MI (74%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Burns Park, Ann Arbor, MI is $2,733.
In Burns Park 64% of the housing is rented out compared to 36% of homes are owned, according to the most recent Census Bureau estimates. 18% of Burns Park's apartments are found in large buildings of 50 units or more, 65% are located in smaller apartment complexes with less than 50 units, and 17% are single-family rentals.
In total, Burns Park, Ann Arbor, MI has 4,758 residents, 2,374 women and 2,385 men, per U.S. Census recent estimates. Statistics show that the median age of Burns Park’s population is 22.
There is a total of 1,892 households in Burns Park, Ann Arbor, MI. Of these, 214 have children and 1,677 are without children. Per Census Bureau’s most current estimates, 638 family households and 1,254 non-family households live in this area. The size of a household in Burns Park is 1.89 people, on average. The median household annual income in Burns Park equals $63,341, and the monthly housing costs equal $1,625.
According to data from the U.S. Census Bureau, of the population in Burns Park, Ann Arbor, MI have no high school education, 15% went to high-school, and 33% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 24% hold a Bachelor Degree, and 25% hold a Graduate Degree.
