Apartments in Hubbard-Richard Detroit

61 - 82 of 82 Results
15
$1,602 - 2,862
Deal
2701 Park Ave. Detroit, MI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
1
$1,395
664 W Alexandrine St Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
3
$1,050 - 1,095
665 West Willis Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
22
$500
Windsor, ON
9+ BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
20
3D Tour
$1,125 - 2,935
1247 Woodward Avenue Detroit, MI
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Income Restricted
8
$1,199
Windsor, ON
Studio | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
17
$1,300 - 1,400
Windsor, ON
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
7
$1,615 - 2,145
1448 Woodward Ave Detroit, MI
Studio - 1 BR | Available Now
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
0
$1,035 - 1,345
10 W Adams Ave Detroit, MI
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Downtown Detroit
54
$2,950 - 3,180
Detroit, MI
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
1
$650
Detroit, MI
2 BR | Ask for Availability
Contact
House
Downtown Detroit
1
$1,800
Detroit, MI
1 BR | Feb. 1, 2025
Contact
21
$2,275
Detroit, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
0
$4,500
2612 Woodward Ave Detroit, MI
2 BR | Available Now
Contact
House
Brush Park
0
$995
111 Cadillac Sq Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Downtown Detroit
1
$1,195 - 1,595
Detroit, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
35
$1,750 - 1,775
3439 Woodward Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
1
$825 - 875
Detroit, MI
2 BR | Available Now
Contact
30
$1,775 - 2,700
3150 Woodward Ave Detroit, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Dishwasher
Fireplace
1
$800
Detroit, MI
2 BR | Available Now
Contact
24
$2,000
Windsor, ON
3 BR | Jan. 1, 2025
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
9
$1,600
Windsor, ON
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
61 - 82 of 82 Results
  1. Home
  2. Detroit
  3. Hubbard-Richard

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.