# The Residences Water Square

> The Residences Water Square, Detroit, MI: 17 units from $1,700/mo. See this building's full price history, tracked daily for every unit. Studio from $1,700.

Canonical: https://average-rent.com/city/detroit-mi/the-residences-water-square-detroit-mi/

![The Residences Water Square apartments in Detroit, MI](https://average-rent.com/api/photo/p/3822?w=1200)

Updated today at 8:23 p.m. ET

4.6 (75 reviews) [Official Website](https://watersquareresidences.com/)

Live pricing, refreshed today at 8:23 p.m. ET

17

Units Listed

$1,700

Starting at

$2,430

Average

$3,100

Highest

$3.67

Per Sq Ft

[PRO](https://whop.com/work4coins-llc/average-rent-pro/): Avg Days Listed

How does this compare? [View Downtown Detroit rent trends](https://average-rent.com/city/detroit-mi/trends/48226/)

Beds

## Pricing by Bedroom

Studio

$2,001

from $1,700 · 7 units

~586 sqft avg

1 Bed

$2,730

from $2,600 · 10 units

~714 sqft avg

### Rent Distribution

The final bar groups units at that price or more when the range is wide.

### Price by Bedroom

## Price Breakdown

### Rent by Unit

### Price vs. Square Footage

## Price History

Lines hold the last known price between updates. Diamond markers show changes in quote terms.

Timeframe

### Property Price Trend

### Recorded building rent history

| Date or category | Average monthly rent (USD) |
| --- | --- |
| 2026-05-02 | 2,556 |
| 2026-05-05 | 2,528 |
| 2026-05-06 | 2,528 |
| 2026-05-07 | 2,519 |
| 2026-05-08 | 2,528 |
| 2026-05-09 | 2,556 |
| 2026-05-10 | 2,509 |
| 2026-05-11 | 2,509 |
| 2026-05-12 | 2,509 |
| 2026-05-13 | 2,548 |
| 2026-05-14 | 2,548 |
| 2026-05-15 | 2,637 |
| 2026-05-16 | 2,419 |
| 2026-05-17 | 2,520 |
| 2026-05-18 | 2,520 |
| 2026-05-19 | 2,458 |
| 2026-05-20 | 2,615 |
| 2026-05-21 | 2,580 |
| 2026-05-22 | 2,584 |
| 2026-05-23 | 2,547 |
| 2026-05-24 | 2,638 |
| 2026-05-25 | 2,700 |
| 2026-05-26 | 2,700 |
| 2026-05-27 | 2,700 |
| 2026-05-28 | 2,700 |
| 2026-05-29 | 2,700 |
| 2026-05-30 | 2,700 |
| 2026-05-31 | 2,700 |
| 2026-06-01 | 2,700 |
| 2026-06-02 | 2,700 |
| 2026-06-03 | 2,700 |
| 2026-06-04 | 2,700 |
| 2026-06-05 | 2,700 |
| 2026-06-06 | 2,700 |
| 2026-06-07 | 2,700 |
| 2026-06-08 | 2,700 |
| 2026-06-09 | 2,700 |
| 2026-06-10 | 2,700 |
| 2026-06-11 | 2,388 |
| 2026-06-14 | 2,437 |
| 2026-06-15 | 2,421 |
| 2026-06-16 | 2,421 |
| 2026-06-17 | 2,603 |
| 2026-06-18 | 2,507 |
| 2026-06-19 | 2,427 |
| 2026-06-20 | 2,475 |
| 2026-06-21 | 2,447 |
| 2026-06-22 | 2,447 |
| 2026-06-23 | 2,505 |
| 2026-06-24 | 2,453 |
| 2026-06-25 | 2,505 |
| 2026-06-26 | 2,542 |
| 2026-06-27 | 2,497 |
| 2026-06-28 | 2,497 |
| 2026-06-29 | 2,497 |
| 2026-06-30 | 2,501 |
| 2026-07-01 | 2,538 |
| 2026-07-02 | 2,523 |
| 2026-07-03 | 2,499 |
| 2026-07-04 | 2,523 |
| 2026-07-05 | 2,523 |
| 2026-07-06 | 2,523 |
| 2026-07-07 | 2,523 |
| 2026-07-08 | 2,499 |
| 2026-07-09 | 2,499 |
| 2026-07-10 | 2,499 |
| 2026-07-11 | 2,499 |
| 2026-07-12 | 2,499 |
| 2026-07-13 | 2,499 |
| 2026-07-15 | 2,499 |
| 2026-07-16 | 2,499 |
| 2026-07-17 | 2,499 |
| 2026-07-18 | 2,499 |
| 2026-07-19 | 2,583 |
| 2026-07-20 | 2,583 |
| 2026-07-21 | 2,583 |
| 2026-07-22 | 2,583 |
| 2026-07-23 | 2,583 |
| 2026-07-24 | 2,583 |
| 2026-07-25 | 2,583 |
| 2026-07-26 | 2,583 |
| 2026-07-27 | 2,583 |
| 2026-07-28 | 2,583 |
| 2026-07-29 | 2,583 |
| 2026-07-30 | 2,583 |
| 2026-07-31 | 2,583 |
| 2026-08-01 | 2,508 |
| 2026-08-02 | 2,508 |
| 2026-08-03 | 2,508 |
| 2026-08-04 | 2,508 |
| 2026-08-05 | 2,541 |
| 2026-08-06 | 2,477 |
| 2026-08-07 | 2,477 |
| 2026-08-08 | 2,477 |
| 2026-08-09 | 2,477 |
| 2026-08-10 | 2,477 |
| 2026-08-11 | 2,477 |
| 2026-08-12 | 2,477 |
| 2026-08-13 | 2,477 |
| 2026-08-14 | 2,503 |
| 2026-08-17 | 2,503 |
| 2026-08-19 | 2,408 |
| 2026-08-20 | 2,408 |
| 2026-08-21 | 2,408 |
| 2026-08-22 | 2,432 |
| 2026-08-23 | 2,432 |
| 2026-08-24 | 2,432 |
| 2026-08-25 | 2,432 |
| 2026-08-26 | 2,511 |
| 2026-08-27 | 2,511 |
| 2026-08-29 | 2,461 |
| 2026-08-30 | 2,461 |
| 2026-08-31 | 2,427 |
| 2026-09-01 | 2,460 |
| 2026-09-03 | 2,460 |
| 2026-09-04 | 2,460 |
| 2026-09-05 | 2,488 |
| 2026-09-06 | 2,488 |
| 2026-09-07 | 2,488 |
| 2026-09-08 | 2,430 |
| 2026-09-09 | 2,430 |
| 2026-09-10 | 2,430 |
| 2026-09-11 | 2,449 |
| 2026-09-12 | 2,474 |
| 2026-09-13 | 2,474 |
| 2026-09-14 | 2,449 |
| 2026-09-15 | 2,406 |
| 2026-09-16 | 2,406 |
| 2026-09-17 | 2,396 |
| 2026-09-18 | 2,396 |
| 2026-09-19 | 2,399 |
| 2026-09-20 | 2,399 |
| 2026-09-21 | 2,399 |
| 2026-09-22 | 2,370 |
| 2026-09-23 | 2,390 |
| 2026-09-24 | 2,437 |
| 2026-09-25 | 2,437 |
| 2026-09-26 | 2,437 |
| 2026-09-27 | 2,425 |
| 2026-09-28 | 2,425 |
| 2026-09-29 | 2,454 |
| 2026-09-30 | 2,453 |
| 2026-10-01 | 2,430 |
| 2026-10-02 | 2,430 |
| 2026-10-03 | 2,430 |
| 2026-10-04 | 2,430 |
| 2026-10-05 | 2,430 |
| 2026-10-06 | 2,430 |
| 2026-10-07 | 2,430 |
| 2026-10-16 | 2,380 |
| 2026-10-20 | 2,380 |
| 2026-10-23 | 2,521 |
| 2026-10-26 | 2,521 |
| 2026-10-27 | 2,558 |
| 2026-11-02 | 2,482 |
| 2026-11-06 | 2,441 |
| 2026-11-07 | 2,441 |
| 2026-11-08 | 2,473 |
| 2026-11-09 | 2,473 |
| 2026-11-11 | 2,430 |

## Estimated Building Revenue

Est. Monthly Revenue

$24K

$288K annual run rate

Modeled estimate

Est. Occupancy

37%

of about 27 units (modeled from leasing activity)

Effective Rent on New Leases

$2,402

vs $2,430 current asking ($28 negotiation gap)

### Recent Lease Activity

27 units tracked; 10 assumed leased, 17 listed now

See which units leased, when they left the market, and the rent they leased at.

[Unlock with Pro](https://whop.com/work4coins-llc/average-rent-pro/)

## Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

- +30 pts: 15+ units currently listed

- +25 pts: Active move-in specials

- +20 pts: Deep discounts (>$150/mo off)

- +15 pts: 5+ distinct floor plans

- +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

17

Good availability

3 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

### Price vs. Downtown Detroit

Neighborhood

[New Cadillac Square Apartments](https://average-rent.com/city/detroit-mi/new-cadillac-square-apartments-detroit-mi/): $795

[CBD Detroit Apartments](https://average-rent.com/city/detroit-mi/cbd-detroit-apartments-detroit-mi/): $1,140

[Riverfront Towers](https://average-rent.com/city/detroit-mi/riverfront-towers-detroit-mi/): $1,317

[The Press/321](https://average-rent.com/city/detroit-mi/the-press-321-detroit-mi/): $1,330

[The Millie on Brush](https://average-rent.com/city/detroit-mi/the-millie-on-brush-detroit-mi/): $1,385

[Washington Park Apartments](https://average-rent.com/city/detroit-mi/washington-park-apartments-detroit-mi/): $1,405

[Detroit Savings Bank Luxury Apartments](https://average-rent.com/city/detroit-mi/detroit-savings-bank-luxury-apartments-detroit-mi/): $1,410

[Capitol Park Lofts](https://average-rent.com/city/detroit-mi/capitol-park-lofts-detroit-mi/): $1,460

[The Farwell](https://average-rent.com/city/detroit-mi/the-farwell-detroit-mi/): $1,460

[The Malcomson Building](https://average-rent.com/city/detroit-mi/the-malcomson-building-detroit-mi/): $1,520

The Residences Water Square

$1,700

Comparing 11 apartments in Downtown Detroit. Click any bar to view that building.

[See Downtown Detroit rent trends on the Detroit, MI map](https://average-rent.com/city/detroit-mi/rent-map/) [Explore Detroit, MI on the interactive map](https://average-rent.com/search/#city=detroit-mi)

## Available Units

Sort

17 units

Select a unit to see its price history and link to the rental site.

Studio / 1 Bath Unit 0710

$1,700/mo

586 ft² · $2.90/ft²

Starting base rent

Available: Dec 21, 2026

Studio / 1 Bath Unit 0907

$1,850/mo

586 ft² · $3.16/ft²

Starting base rent

Available: Now

Studio / 1 Bath Unit 0620

$1,995/mo

586 ft² · $3.40/ft²

Starting base rent

Available: Now

Studio / 1 Bath Unit 1017

$1,995/mo

586 ft² · $3.40/ft²

Starting base rent

Available: Now

Studio / 1 Bath Unit 1606

$1,995/mo

586 ft² · $3.40/ft²

Starting base rent

Available: Now

| Unit | Floor Plan | Bed/Bath | Sqft | Price | $/Sqft | Available | Listed | Details |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 0710 | | Studio / 1ba | 586 | $1,700 Starting base rent | $2.90 | Dec 21, 2026 | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| 0907 | | Studio / 1ba | 586 | $1,850 Starting base rent | $3.16 | Now | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| 0620 | | Studio / 1ba | 586 | $1,995 Starting base rent | $3.40 | Now | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| 1017 | | Studio / 1ba | 586 | $1,995 Starting base rent | $3.40 | Now | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| 1606 | | Studio / 1ba | 586 | $1,995 Starting base rent | $3.40 | Now | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| 1707 | | Studio / 1ba | 586 | $1,995 Starting base rent | $3.40 | Now | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| 2418 | | Studio / 1ba | 586 | $2,475 Starting base rent | $4.22 | Now | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| 1203 | | 1bd / 1ba | 668 | $2,600 Starting base rent | $3.89 | Now | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| 1303 | | 1bd / 1ba | 668 | $2,600 Starting base rent | $3.89 | Now | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| 1804 | | 1bd / 1ba | 668 | $2,600 Starting base rent | $3.89 | Now | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |

## Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

[Unlock with Pro](https://whop.com/work4coins-llc/average-rent-pro/)

City Club

## Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. [See all Detroit, MI notes](https://average-rent.com/city/detroit-mi/resident-access/)

No resident notes for this property yet.

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[The Residences at Book Tower](https://average-rent.com/city/detroit-mi/the-residences-at-book-tower-detroit-mi/): ![The Residences at Book Tower apartments](https://average-rent.com/api/photo/p/9524?w=640) From $1,760/mo 4.9 rating 15 units 0.6 mi away · 4% above

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### Downtown Detroit Rent Trends

See how rent prices are changing in Downtown Detroit and across Detroit, MI.

[View Trends](https://average-rent.com/city/detroit-mi/trends/48226/)