Detroit, MI Rental Market Trends
Last updated: May 16, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Detroit is $1,337, a 1.09% increase compared to the previous year, when the average rent was $1,323.
Studio Apartments at $992 offer the most budget-friendly option with 494 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 709 square feet for $1,277, balancing privacy and affordability.
Two-beedroom units at $1,497 offer 1,000 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,391 sq ft) for $2,028, suitable for larger households.
Average rent in Detroit, MI
Last updated: May 16, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,337 | 794 sq. ft. |
| Studio | $992 | 494 sq. ft. |
| 1 Bed | $1,277 | 709 sq. ft. |
| 2 Beds | $1,497 | 1,000 sq. ft. |
| 3 Beds | $2,028 | 1,391 sq. ft. |
Detroit, MI rent trends
Rental prices in Detroit, MI have increased by 1.09% over the past year. The average rent moved from $1,323 to $1,337.
What's the typical rent budget in Detroit, MI?
The largest share of rentals in Detroit, MI (35%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Detroit, MI?
128,103 or 50% of the households in Detroit, MI are renter-occupied while 129,895 or 50% are owner-occupied.
Most affordable neighborhoods in Detroit?
Cody $803/month
Redford $926/month
Palmer Park $958/month
All of these neighborhoods fall below the city wide average of $1,337/month.Most expensive neighborhoods in Detroit?
Lower East Central $1,366/month
Lower Woodward $1,495/month
Downtown Detroit $1,845/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Detroit, MI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Detroit | $1,845 |
| Lower Woodward | $1,495 |
| Lower East Central | $1,366 |
| Middle Woodward | $1,274 |
| Butzel - Indian Village | $1,258 |
| Vernor - Junction | $1,071 |
| Greenfield | $975 |
| Palmer Park | $958 |
| Redford | $926 |
| Cody | $803 |
/
Detroit | Rent Comparison by Neighborhood
Rent in Butzel - Indian Village is 57% higher than in Cody
$1,258
Butzel - Indian Village rent is 6% lower than Detroit average
Average Rent
$1,258
$803
Cody rent is 40% lower than Detroit average
Average Rent
$803
How Detroit Compares to Other Cities
| City | Average Rent |
|---|---|
| Detroit | $1,337 |
| Grand Rapids | $1,572 |
| East Lansing | $1,801 |
| Lansing | $1,246 |
| Ann Arbor | $2,053 |
| Southfield | $1,401 |
| Kalamazoo | $1,318 |
| Farmington Hills | $1,468 |
| Ypsilanti | $1,317 |
| Flint | $968 |
| Walker | $1,468 |
| Westland | $1,161 |
| Sterling Heights, MI | $1,258 |
| Troy | $1,605 |
| Royal Oak, MI | $1,654 |
| Taylor, MI | $1,179 |
| Southgate, MI | $1,213 |
| Warren, MI | $1,122 |
| Livonia, MI | $1,433 |
| Oak Park, MI | $1,248 |
| Dearborn, MI | $1,708 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Detroit apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.