Rental prices in Lorraine, Warren, MI have increased by 1.14% over the past year. The average rent moved from $917 to $927.
Check out the average rent in Warren.
The national average price of rental apartments is $1,740, while the average monthly rent in Lorraine, Warren, MI is $927.
The average monthly rent for an apartment in Lorraine, Warren, MI is around $927.
A share of 89% of apartments in Lorraine, Warren, MI have the cheapest rents between ≤ $1000. Around 11% of Lorraine's apartments have monthly rents between $1,001-$1,500.
The largest share of rentals in Lorraine, Warren, MI (89%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Lorraine, Warren, MI is $1,002.
In Lorraine 26% of the housing is rented out compared to 74% of homes are owned, according to the most recent Census Bureau estimates. 11% of Lorraine's apartments are found in large buildings of 50 units or more, 59% are located in smaller apartment complexes with less than 50 units, and 30% are single-family rentals.
In total, Lorraine, Warren, MI has 4,942 residents, 2,575 women and 2,367 men, per U.S. Census recent estimates. Statistics show that the median age of Lorraine’s population is 41.2.
There is a total of 2,047 households in Lorraine, Warren, MI. Of these, 540 have children and 1,508 are without children. Per Census Bureau’s most current estimates, 1,199 family households and 848 non-family households live in this area. The size of a household in Lorraine is 2.37 people, on average. The median household annual income in Lorraine equals $68,218, and the monthly housing costs equal $1,141.
According to data from the U.S. Census Bureau, 5% of the population in Lorraine, Warren, MI have no high school education, 35% went to high-school, and 24% have partially completed college. Moreover, 12% of the population hold an Associate Degree, 14% hold a Bachelor Degree, and 10% hold a Graduate Degree.
