Apartments in Conner Creek Ind Detroit

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Conner Creek Ind
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$900
Detroit, MI
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$1,200
4344 Springle St Detroit, MI
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$1,650
Detroit, MI
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Millenium Village
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$1,350
Detroit, MI
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$1,300
Detroit, MI
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$1,199
Detroit, MI
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$1,695
Detroit, MI
4 BR | Available Now
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Chandler Park
18
$2,200
Detroit, MI
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$675
Detroit, MI
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18
$950
Detroit, MI
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Chandler Park
1
$929 - 1,250
1031 Marlborough St Detroit, MI
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24
$1,214 - 1,400
910 Marlborough St Detroit, MI
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11
$1,950
Detroit, MI
3 BR | Available Now
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Gold Coast
12
$1,600
Grosse Pointe Park, MI
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Balcony/Deck/Patio
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$950
Detroit, MI
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Chandler Park
5
$1,350 - 2,350
8845 Hibbard St Detroit, MI
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Gold Coast
2
$945 - 1,100
Detroit, MI
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1
$899
311-313 Drexel St Detroit, MI
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Jefferson Chalmers
1
$1,200
5120 Belvidere St Detroit, MI
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1
$1,400
8643 E Jefferson Ave Detroit, MI
2 BR | Jan. 6, 2025
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26
$750 - 850
Detroit, MI
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7
$1,000
Grosse Pointe Park, MI
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26
$850
Detroit, MI
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$950
Detroit, MI
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31
$850
3666 Devonshire Rd Detroit, MI
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$850
3666 Devonshire Rd Uppr Detroit, MI
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$1,300
Detroit, MI
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26
$1,595
Detroit, MI
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22
3D Tour
$1,425 - 2,500
8001 Kercheval Ave Detroit, MI
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Detroit:
December Rent Report

Welcome to the December 2024 Detroit Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Detroit Rent Prices Decrease From November to December

Detroit rent prices decreased over the last month. From November to December, the city experienced a -0.14% decrease for the price of a one-bedroom apartment. The rent price for a Detroit one-bedroom apartments currently stands at $1,420.0.

When we take a look at the two-bedroom comparison from November to December, Detroit experienced a -0.71% decrease for the price of a two-bedroom apartment. The rent price for a Detroit two-bedroom apartments currently stands at $1,254.0.

December Prices: Detroit vs. Surrounding Areas

Detroit, MI
Royal Oak, MI
Troy, MI
Dearborn, MI
Clinton Township, MI
Farmington Hills, MI
Southfield, MI
Madison Heights, MI
$1,422
$1,394
$1,356
$1,356
$1,196
$1,135
$1,036
$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 3 of the Detroit suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Royal Oak, MI, Troy, MI, Dearborn, MI .

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

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

December 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
$4,134
$3,160
$2,389
$2,353
$1,914
$1,422
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Detroit, MI $1,422.0 -0.56% $1,263.0 -0.16%
Farmington Hills, MI $1,135.0 -0.79% $1,622.0 0.37%
Clinton Township, MI $1,196.0 -0.83% $1,414.0 0.28%
Southfield, MI $1,036.0 -5.22% $1,611.0 0.06%
Madison Heights, MI $1,010.0 0.00% $1,191.0 -1.33%
Royal Oak, MI $1,394.0 3.26% $1,659.0 0.61%
Troy, MI $1,356.0 3.67% $1,568.0 6.16%
Dearborn, MI $1,356.0 0.15% $1,737.0 -0.06%

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.