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144 Apartments under 700 for rent in Detroit, MI

Last updated December 14 at 9:55pm UTC
14780 Statefair
Burbank
Detroit, MI
Updated December 14 at 9:44am UTC
2 Bedrooms
$650
15009 Flanders
Conner
Detroit, MI
Updated December 14 at 9:44am UTC
2 Bedrooms
$650
18485 BLOOM STREET
Pershing
Detroit, MI
Updated December 14 at 10:20am UTC
2 Bedrooms
$650
226 Marston St
Central
Detroit, MI
Updated December 14 at 10:19am UTC
3 Bedrooms
$675
10440 Curtis St
Bagley
Detroit, MI
Updated December 14 at 10:19am UTC
3 Bedrooms
$675
20500 Fairport St
Osborn
Detroit, MI
Updated December 14 at 8:35am UTC
2 Bedrooms
$599
4259 Cadieux Rd
Finney
Detroit, MI
Updated December 14 at 8:35am UTC
3 Bedrooms
$699
18273 Forrer St
Greenfield
Detroit, MI
Updated December 14 at 8:35am UTC
1 Bedroom
$550
11982 Duchess St
Denby
Detroit, MI
Updated December 14 at 8:35am UTC
3 Bedrooms
$650
7751 Fielding St
Warrendale
Detroit, MI
Updated December 14 at 8:35am UTC
3 Bedrooms
$675
10440 Curtis St
Bagley
Detroit, MI
Updated December 14 at 8:35am UTC
3 Bedrooms
$675
1001 Woodward Ave
Downtown Detroit
Detroit, MI
Updated December 14 at 8:35am UTC
Studio
$600
8153 Bliss St
Osborn
Detroit, MI
Updated December 14 at 8:35am UTC
1 Bedroom
$600
5591 Beaconsfield St
Finney
Detroit, MI
Updated December 14 at 8:35am UTC
3 Bedrooms
$685
19463 Trinity St
Evergreen
Detroit, MI
Updated December 14 at 8:35am UTC
2 Bedrooms
$675
16509 Murray Hill
Cerveny
Detroit, MI
Updated December 14 at 7:23pm UTC
2 Bedrooms
$650
18818 SHERWOOD ST
Pershing
Detroit, MI
Updated December 14 at 9:20pm UTC
3 Bedrooms
$650
18353 W MCNICHOLS RD. - 1
Rosedale Park
Detroit, MI
Updated December 14 at 7:23pm UTC
Studio
$450
19636 Schoenherr
Osborn
Detroit, MI
Updated December 14 at 9:44am UTC
1 Bedroom
$495
15682 Rossini Dr
Burbank
Detroit, MI
Updated December 14 at 8:35am UTC
2 Bedrooms
$650
14565 Evergreen Road
Rosedale Park
Detroit, MI
Updated December 14 at 9:55pm UTC
2 Bedrooms
$650
15325 Snowden St Lowr Unit
Harmony Village
Detroit, MI
Updated December 13 at 11:25am UTC
2 Bedrooms
$600
17655 Manderson - 405
Palmer Park
Detroit, MI
Updated December 14 at 7:23pm UTC
1 Bedroom
$650
2 Bedrooms
Ask
15097 Greenfield Road - 15097-08
Cerveny
Detroit, MI
Updated December 14 at 7:23pm UTC
1 Bedroom
$600

December 2018 Detroit Rent Report

Welcome to the December 2018 Detroit Rent Report. Detroit rents increased over the past month. In this report, we'll evaluate trends in the Detroit rental market, including comparisons to cities throughout the metro, state, and nation.

View full Detroit Rent Report
Rent Report
Detroit

December 2018 Detroit Rent Report

Welcome to the December 2018 Detroit Rent Report. Detroit rents increased over the past month. In this report, we'll evaluate trends in the Detroit rental market, including comparisons to cities throughout the metro, state, and nation.

Detroit rents increased slightly over the past month

Detroit rents have increased 0.2% over the past month, and are up slightly by 1.1% in comparison to the same time last year. Currently, median rents in Detroit stand at $690 for a one-bedroom apartment and $890 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Detroit's year-over-year rent growth leads the state average of 1.0%, but trails the national average of 1.3%.

Rents rising across the Detroit Metro

Throughout the past year, rent increases have been occurring not just in the city of Detroit, but across the entire metro. Of the largest 10 cities that we have data for in the Detroit metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Dearborn has the most expensive rents in the Detroit metro, with a two-bedroom median of $1,330; the city has also seen rent growth of 3.2% over the past year, the fastest in the metro.
  • Taylor has the least expensive rents in the Detroit metro, with a two-bedroom median of $890; rents were up 0.6% over the past month but remained flat year-over-year.

Detroit rents more affordable than many other large cities nationwide

As rents have increased slightly in Detroit, comparable cities nationwide have seen rents grow more quickly. Detroit is still more affordable than most similar cities across the country.

  • Rents increased marginally in other cities across the state, with Michigan as a whole logging rent growth of 1.0% over the past year. For example, rents have grown by 1.2% in Lansing and 1.0% in Grand Rapids.
  • Detroit's median two-bedroom rent of $890 is below the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 1.1% rise in Detroit.
  • While Detroit's rents rose slightly over the past year, some cities nationwide saw decreases, including Baltimore (-1.2%) and El Paso (-0.2%).
  • Renters will find more reasonable prices in Detroit than most other large cities. For example, Chicago has a median 2BR rent of $1,270, which is nearly one-and-a-half times the price in Detroit.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Detroit $690 $890 0.2% 1.1%
Warren $780 $1,020 0.8% 3.0%
Sterling Heights $830 $1,080 0.5% 2.1%
Dearborn $1,020 $1,330 0.5% 3.2%
Livonia $940 $1,220 0.1% 3.1%
Westland $740 $970 0.3% 1.6%
Troy $1,020 $1,330 0.1% 1.7%
Southfield $900 $1,180 0.3% 1.8%
Taylor $680 $890 0.6% 0.0%
Pontiac $730 $940 -0.1% 1.1%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.