Last updated
Average Rent in Detroit, MI & Rent Trends
Rent prices and market trends across 16 apartment communities in Detroit, MI. Updated daily.
Market Average
$1,920/mo
▼ 5.3% from last month
Lowest Available
$759/mo
cheapest unit on market
Communities
16
tracked daily
Units Listed
108
available now
Price Cuts This Week in Detroit, MI
3 listed units across 2 buildings in Detroit, MI dropped their asking rent in the past 7 days, an average cut of $47/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Lofts of Merchants Row | Unit 2 | $1,590 | $1,490 | $100 |
| eXchange Apartments | Unit 5, S2 | $1,435 | $1,415 | $20 |
| eXchange Apartments | Unit 8, S4 | $1,540 | $1,520 | $20 |
Rent by Neighborhood in Detroit, MI
Compare average rent across Detroit, MI neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Midtown | $2,227 | ▲ $259 | $1,735 | 2 | 12 |
| Downtown Detroit | $2,212 | ▼ $161 | $1,035 | 9 | 59 |
| Elmwood Park | $2,176 | $0 | $1,625 | 1 | 8 |
| New Center | $1,949 | ▲ $380 | $1,573 | 1 | 3 |
| Detroit 48126 | $1,231 | ▼ $1 | $975 | 1 | 10 |
| Hubbell-Lyndon | $1,118 | ▲ $61 | $945 | 1 | 4 |
| Central Southwest | $842 | - | $759 | 1 | 12 |
Is Rent Going Up or Down in Detroit, MI?
As of July 2026, the average rent in Detroit, MI is $1,920 per month across 16 apartment communities and 108 available units. Rents have decreased $114 (5.3%) over the past month.
The most affordable option is Springwells on Vernor starting at $759/mo. By unit type, a studio averages $1,598/mo, a 1-bedroom averages $1,953/mo, a 2-bedroom averages $2,028/mo, a 3-bedroom averages $1,963/mo.
Prices range from $759 to $4,255 per month. The most common price point is the $1,400 range, where 16 units are currently listed.
Detroit, MI Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $1,991 | - | 10 |
| June 2026 | $1,959 | -$32 | 15 |
| July 2026 | $1,967 | +$8 | 16 |
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Detroit, MI
Rent Prices by Apartment in Detroit, MI
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Springwells on Vernor | $759/mo | $842/mo | 12 | 4.3 |
| Ramblewood Apartments | $945/mo | $1,118/mo | 4 | 4.6 |
| GoodHomes Detroit | $975/mo | $1,231/mo | 10 | 4.3 |
| Town Residences | $1,035/mo | $1,035/mo | 1 | 3.9 |
| eXchange Apartments | $1,395/mo | $1,739/mo | 8 | 4.3 |
| The Lofts of Merchants Row | $1,410/mo | $1,791/mo | 17 | 4.7 |
| The Boulevard | $1,573/mo | $1,949/mo | 3 | 4 |
Frequently Asked Questions About Rent in Detroit, MI
What is the average rent in Detroit, MI?
Is rent going up or down in Detroit, MI?
What is the cheapest apartment in Detroit, MI?
How much is a 1-bedroom apartment in Detroit, MI?
How many apartments are available in Detroit, MI?
What salary do I need to live comfortably in Detroit, MI?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$77,000/year
Based on the 30 percent rule, using our tracked average rent of $1,920/mo.
Comfortable income
$92,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($759/mo), you need to earn at least $30,000/year.
Median household income in Detroit, MI is $39,575 , about 57% below the comfortable-living threshold.
Cost of living in Detroit, MI
Overall prices in Detroit, MI runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Detroit, MI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,920 |
| Utilities | $400 |
| Groceries | $529 |
| Transportation | $954 |
| Healthcare | $466 |
| Other goods and services | $745 |
| Estimated total | $5,014/mo |
Population
636,644
Median household income
$39,575
Census median rent
$1,034/mo
Rent as % of income
34.7%
Median age
35.1
Mean commute
25 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Detroit, MI Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Detroit, MI Apartments
Browse all 16 communities with daily-updated pricing and availability.