How many apartments are available in Dearborn Heights, MI on Rentable.co?

Rentable.co has over 805 apartments available in Dearborn Heights.

What is the average rent for a one-bedroom apartment in Dearborn Heights, MI?

The average rent for a <a href='/dearborn-heights-mi/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Dearborn Heights is around $1,000 per month.

What is the average rent for a two-bedroom apartment in Dearborn Heights, MI?

The average rent for a two-bedroom apartment in Dearborn Heights is around $1,270 per month.

How expensive is it to rent an apartment in Dearborn Heights, MI?

For a two-bedroom apartment in Dearborn Heights, the average rent price is $1,270 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Dearborn Heights, MI?

Based on average rent prices in Dearborn Heights, to afford a <a href='/dearborn-heights-mi/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> you would need an annual household income of $40,000 to live comfortably.

Apartments Near University of Michigan-Dearborn

Dearborn Heights:
November Rent Report

Welcome to the November 2024 Dearborn Heights Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Dearborn Heights rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Dearborn Heights 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 Dearborn Heights average rent prices in the chart below.

Monthly Rent Report

$1,500

$1,130

$750

$380

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Dearborn Heights Rent Prices Decrease From October to November

Dearborn Heights rent prices decreased over the last month. From October to November, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Dearborn Heights one-bedroom apartments currently stands at $1,025.0.

When we take a look at the two-bedroom comparison from October to November, Dearborn Heights experienced a -2.77% decrease for the price of a two-bedroom apartment. The rent price for a Dearborn Heights two-bedroom apartments currently stands at $1,264.0.

November Prices: Dearborn Heights vs. Surrounding Areas

Rent Prices in Dearborn Heights and Surrounding Areas

Rent prices have decreased in Dearborn Heights 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 Dearborn Heights 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 Dearborn Heights suburbs
Rents did not decrease in any of the Dearborn Heights suburbs.

November 2024 Pricing Trends: Dearborn Heights vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$1,400

$2,800

$4,200

$5,600

Median Rent

Dearborn Heights Rent Prices More Affordable Than Major Cities

Rent growth in Dearborn Heights over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Dearborn Heights average rent prices appear to be relatively affordable for local residents.

The price for a Dearborn Heights 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 Dearborn Heights and surrounding area rent prices, take a look at the complete data set below.

Data set for Dearborn Heights and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	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.