Apartments in Boston - Edison Detroit

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3
$1,300
Detroit, MI
3 BR | Ask for Availability
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$600
Detroit, MI
2 BR | Ask for Availability
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10
$950
12822 Montville Detroit, MI
2 BR | Available Now
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1
$1,025
127 Seward Detroit, MI
1 BR | Feb. 1, 2025
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Surface Parking
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New Center
3
$695 - 825
Detroit, MI
Studio - 1 BR | Available Now
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Storage
Disability Access
New Center
0
$1,800
Detroit, MI
3 BR | Available Now
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Dishwasher
0
$1,375
2296 Buena Vista St Detroit, MI
2 BR | Available Now
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5
$1,150
4253 W Buena Vista St Detroit, MI
3 BR | Ask for Availability
20
$750
Detroit, MI
2 BR | Ask for Availability
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0
$1,500
Highland Park, MI
4 BR | Available Now
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Dog Friendly
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8
$800
Detroit, MI
1 BR | Available Now
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Balcony/Deck/Patio
LaSalle Gardens
14
$1,621 - 2,550
2911 W. Grand Boulevard Detroit, MI
Studio - 2 BR | Available Now
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Dog Friendly
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Luxury
Air Conditioning
In Unit Laundry
9
$1,000
Detroit, MI
2 BR | Dec. 1, 2024
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Balcony/Deck/Patio
24
$1,650
Detroit, MI
2 BR | Available Now
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Cat Friendly
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New Center
0
$1,100
Detroit, MI
3 BR | Ask for Availability
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$600
Detroit, MI
2 BR | Ask for Availability
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$900
Detroit, MI
3 BR | Available Now
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Russell Woods
1
$750
4267 W Buena Vista St # 9 Detroit, MI
2 BR | Ask for Availability
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14
$1,450
527 E Euclid St Detroit, MI
3 BR | Available Now
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Dog Friendly
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12
$1,200
Detroit, MI
2 BR | Nov. 25, 2024
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Balcony/Deck/Patio
3
$950
4019 Carter St Detroit, MI
3 BR | Ask for Availability
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1
$1,250
Detroit, MI
3 BR | Ask for Availability
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0
$975
Detroit, MI
3 BR | Available Now
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0
$1,100
Detroit, MI
3 BR | Available Now
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1
$1,050 - 1,295
Detroit, MI
1 - 2 BR | Available Now
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NW Goldberg
0
$1,400
245 Custer St Detroit, MI
2 BR | Available Now
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New Center
11
$808
Detroit, MI
1 BR | Available Now
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6
Call for Pricing
Detroit, MI
Studio | Available Now
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Russell Woods
2
$650 - 850
Detroit, MI
1 - 2 BR | Available Now
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16
$1,710
Detroit, MI
4 BR | Available Now
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Detroit:
November Rent Report

Welcome to the November 2024 Detroit 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 Detroit rental landscape.

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

Monthly Rent Report

$1,500
$1,130
$750
$380
$0
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

Detroit Rent Prices Decrease From October to November

Detroit rent prices decreased over the last month. From October to November, the city experienced a -0.56% decrease for the price of a one-bedroom apartment. The rent price for a Detroit one-bedroom apartments currently stands at $1,422.0.

When we take a look at the two-bedroom comparison from October to November, Detroit experienced a -0.16% decrease for the price of a two-bedroom apartment. The rent price for a Detroit two-bedroom apartments currently stands at $1,263.0.

November Prices: Detroit vs. Surrounding Areas

Detroit, MI
Dearborn, MI
Royal Oak, MI
Clinton Township, MI
Farmington Hills, MI
Southfield, MI
Madison Heights, MI
$1,430
$1,354
$1,350
$1,206
$1,144
$1,093
$1,010
$0
$500
$1,000
$1,500
$2,000
Median 1 BR Rent

Rent Prices in Detroit and Surrounding Areas

Rent prices have decreased in Detroit over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Detroit suburb increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Royal Oak, MI .

  • Rent decreased in Farmington Hills, MI, Clinton Township, MI, Southfield, MI, Madison Heights, MI, Dearborn, MI.

  • 6 suburbs are currently priced lower than the city of Detroit.

November 2024 Pricing Trends: Detroit vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Detroit, MI
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,430
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Detroit Rent Prices More Affordable Than Major Cities

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

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

Data set for Detroit and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Detroit, MI $1,430.0 0.07% $1,265.0 1.85%
Farmington Hills, MI $1,144.0 -0.78% $1,616.0 0.56%
Clinton Township, MI $1,206.0 -0.17% $1,410.0 -0.91%
Southfield, MI $1,093.0 -5.04% $1,610.0 0.19%
Madison Heights, MI $1,010.0 0.00% $1,207.0 1.17%
Royal Oak, MI $1,350.0 5.47% $1,649.0 0.98%
Dearborn, MI $1,354.0 -0.22% $1,738.0 0.64%

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.