Rental prices in Highland Park, Wayne County, MI have increased by 2.19% over the past year. The average rent moved from $945 to $966.
Compared to the national average rent of $1,740, the average rent in Highland Park, Wayne County, MI is $966.
The average monthly rent of apartments in Highland Park, Wayne County, MI is $966.
Around 48% of Detroit’s apartments are in the $1,001-$1,500 price range. 52% of apartments are priced ≤ $1000.
The largest share of rentals in Highland Park, Wayne County, MI (52%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Highland Park, Wayne County, MI is $890.
In Highland Park, 56% of the residents are renting compared to 44% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 40% of Highland Park's rentals, 44% are small-scale complexes with under 50 units, and 16% 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 Highland Park are about 53 years old, on average. Of these, none 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 6 stories. About 77% of the rental communities here are low-rise, garden-style communities, 26% 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 Highland Park are around 2% of rentals, while 1-bedroom floor plans represent 65% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 27% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Highland Park is located within the Detroit metropolitan area in Michigan, offering residents close proximity to Detroit's vast resources and attractions while maintaining its unique character. The city has historically been an industrial hub, with the automotive industry playing a significant role in its development. Today, this legacy continues to influence the local economy and job market.
The area boasts several parks such as Avalon Village Park, providing green spaces for recreational activities and relaxation. While Highland Park may not have expansive recreational areas, its location allows residents easy access to larger parks and waterfronts in neighboring Detroit.
Culturally, Highland Park holds a rich history tied to the automotive boom of the early 20th century, with significant historical buildings and sites. The city's neighborhoods offer a mix of architectural styles reflecting its historical development periods, contributing to a diverse urban landscape.
As for dining, Highland Park offers a variety of local eateries specializing in American classics, as well as international options largely influenced by the diverse communities in the surrounding Detroit area. The city's proximity to a major urban center enriches its culinary scene with accessibility to a wider range of dining experiences.
Educational opportunities in Highland Park are primarily served by the Highland Park School District, which includes several elementary schools and a public high school. Additionally, its proximity to Detroit provides residents with access to a broader range of educational resources and institutions.
Highland Park presents a variety of rental options, ranging from historic homes to more modern apartments, reflecting the city's architectural evolution. The neighborhoods each have their distinct charm and are typically characterized by single-family homes and smaller apartment buildings.
The area around Woodward Avenue is notable for its accessibility to public transport and proximity to essential amenities, making it particularly appealing to young professionals. Meanwhile, areas closer to the city center tend to attract families seeking a suburban feel with convenient urban access.
Rental properties vary, with some areas offering spacious family homes, while others provide compact and affordable apartments suitable for single professionals or couples. The architectural styles include early 20th-century brick homes, mid-century bungalows, and contemporary apartment complexes.
Highland Park's shopping options include essential retailers and local businesses primarily concentrated along Woodward Avenue. While the city itself may not host large shopping malls, its location within the Detroit metro area means residents are just a short drive from extensive retail destinations like the Northland Center in nearby Southfield.
Local shopping in Highland Park features a mix of independent stores, specialty shops, and service-based businesses catering to the daily needs of its residents. For groceries and essentials, national chains and local markets are readily accessible throughout the city.
Transportation in Highland Park is facilitated by its inclusion in the Detroit area's public transit system. The city is served by several bus routes managed by the Detroit Department of Transportation (DDOT), which connect it to broader Detroit and surrounding areas. This network makes it feasible for residents to commute for work or leisure without a vehicle.
Additionally, Highland Park's location near major highways like the I-75 and the Davison Freeway allows for easy car travel both within and outside the metropolitan area. The city's proximity to Detroit also provides residents with access to Detroit Metropolitan Airport for regional and international flights, expanding travel options significantly.
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