Rental prices in Lorraine, Warren, MI have increased by 3.97% over the past year. The average rent moved from $901 to $937.
Check out the average rent in Warren.
The national average price of rental apartments is $1,741, while the average monthly rent in Lorraine, Warren, MI is $937.
The average monthly rent for an apartment in Lorraine, Warren, MI is around $937.
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. 12% 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 29% are single-family rentals.
In total, Lorraine, Warren, MI has 4,837 residents, 2,499 women and 2,338 men, per U.S. Census recent estimates. Statistics show that the median age of Lorraine’s population is 40.
There is a total of 2,000 households in Lorraine, Warren, MI. Of these, 514 have children and 1,486 are without children. Per Census Bureau’s most current estimates, 1,170 family households and 830 non-family households live in this area. The size of a household in Lorraine is 2 people, on average. The median household annual income in Lorraine equals $66,420, and the monthly housing costs equal $1,118.
According to data from the U.S. Census Bureau, 3% of the population in Lorraine, Warren, MI have no high school education, 37% 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.
