Rental market trends for
Detroit, MI
The average rent price in Detroit was $1,665 last month, down $40 month over month.
Median rent
$1,665
Month-over-month change
−$40
Average rent in Detroit
In December 2024, Detroit rental prices decreased $40 compared to last month.
$1,665
-2.35% month over month
Median rent of neighborhoods in Detroit
Neighborhood | Median rent | MoM (% change) |
---|---|---|
Downtown Detroit | $2,079 | -24.40% |
Corktown | $2,395 | +33.06% |
University District | $3,000 | +201.51% |
Midtown | $1,495 | -14.45% |
Bagley | $1,325 | +10.42% |
Woodbridge | $1,900 | +35.81% |
Last updated: 01/09/2025
Average rent of nearby cities
Here's how Detroit's average rent of $1,665 compares to nearby cities.
Last updated: 01/09/2025
More resources for Detroit
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Condos for rent in Detroit | |||
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Rooms for rent in Detroit |