How many apartments are available in 48131 on Rentable.co?
Rentable.co has 3 apartments available for rent in 48131.
What is the average rent for an apartment in 48131?
The average rent for an apartment in 48131 is around $990 per month.
What is the average rent for a studio apartment in 48131?
The average rent for a studio apartment in 48131 is around $997 per month.
Find an Apartment in 48131
Looking for apartments for rent in the 48131 zip code in Dundee, MI? Rentable provides rental information for this area. Currently, there are 4 units available for rent in 48131. The average rent in 48131 is $990, with the most affordable floor plan starting at $795.
Dundee, MI offers various amenities and attractions for its residents. Within the 48131 area, you'll find beautiful parks such as Wolverine Park and Dundee Village Park, where you can enjoy outdoor activities or relax in nature. Additionally, there are several nearby restaurants, shopping centers, and entertainment options, ensuring convenience and entertainment for residents.
If you're searching for apartments in 48131 Dundee, MI, Rentable can help you find the perfect rental that suits your needs and preferences. Explore our listings and discover the ideal apartment for you in the 48131 area.
Dundee: May Rent Report
Welcome to the May 2024 Dundee Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
May 2024 key findings and figures for the Dundee rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Dundee and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Dundee average rent prices in the chart below.
Monthly Rent Report
$1,300
$980
$650
$330
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR2 BR
Dundee Rent Prices Decrease From April to May
Dundee rent prices decreased over the last month. From April to May, the city experienced a -0.12% decrease for the price of a one-bedroom apartment. The rent price for a Dundee one-bedroom apartments currently stands at $801.0.
When we take a look at the two-bedroom comparison from April to May, Dundee experienced a 0.08% increase for the price of a two-bedroom apartment. The rent price for a Dundee two-bedroom apartments currently stands at $1,194.0.
May Prices: Dundee vs. Surrounding Areas
Rent Prices in Dundee and Surrounding Areas
Rent prices have decreased in Dundee over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Dundee suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Dundee suburbs
Rents did not decrease in any of the Dundee suburbs.
May 2024 Pricing Trends: Dundee vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Dundee Rent Prices More Affordable Than Major Cities
Rent growth in Dundee over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Dundee average rent prices appear to be
relatively affordable for local residents.
The price for a Dundee one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Dundee and surrounding area rent prices, take a look at the complete data set below.
Data set for Dundee and suburbs
1 BR May
1 BR M/M % Change
2 BR May
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.