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130 Apartments under 700 for rent in Detroit, MI

Last updated October 16 at 5:32pm UTC
7536 Dunedin St
Rosa Parks
Detroit, MI
Updated October 16 at 5:31pm UTC
1 Bedroom
$625
15373 Greenfield Rd
Cerveny
Detroit, MI
Updated October 16 at 5:29pm UTC
1 Bedroom
$550
9535 Penrod St
Franklin Park
Detroit, MI
Updated October 16 at 5:29pm UTC
1 Bedroom
$550
2926 Ewald Cir
Winterhalter
Detroit, MI
Updated October 16 at 5:29pm UTC
2 Bedrooms
$625
19131 Lahser Rd
Berg - Lasher
Detroit, MI
Updated October 16 at 5:27pm UTC
1 Bedroom
$550
19169 Lahser Rd
Berg - Lasher
Detroit, MI
Updated October 16 at 5:27pm UTC
2 Bedrooms
$680
1124 S Deacon St
Boynton
Detroit, MI
Updated October 16 at 1:00pm UTC
3 Bedrooms
$650
767 Navahoe St
Jefferson Chalmers
Detroit, MI
Updated October 16 at 12:53pm UTC
2 Bedrooms
$500
15886 Liberal St
Burbank
Detroit, MI
Updated October 12 at 1:23pm UTC
3 Bedrooms
$699
19169 Lahser Rd
Berg - Lasher
Detroit, MI
Updated October 10 at 1:26am UTC
1 Bedroom
$550
6450 Westwood St
Warrendale
Detroit, MI
Updated October 10 at 1:26am UTC
1 Bedroom
$600
9624 St Marys St
Brooks
Detroit, MI
Updated October 10 at 1:26am UTC
2 Bedrooms
$600
16754 Woodingham Dr
Harmony Village
Detroit, MI
Updated October 9 at 6:11pm UTC
2 Bedrooms
$675
15420 Coyle St
Cerveny
Detroit, MI
Updated October 11 at 11:09am UTC
3 Bedrooms
$650
15383 Manor
Harmony Village
Detroit, MI
Updated October 16 at 5:32pm UTC
1 Bedroom
$400
9531 Faust Ave
Franklin Park
Detroit, MI
Updated October 16 at 5:29pm UTC
1 Bedroom
$550
445 Field St
Butzel
Detroit, MI
Updated October 16 at 5:29pm UTC
1 Bedroom
$550
445 Field St
Butzel
Detroit, MI
Updated October 16 at 5:29pm UTC
2 Bedrooms
$650
445 Field St
Butzel
Detroit, MI
Updated October 16 at 5:29pm UTC
Studio
$500
4831 Lakewood St
Mack
Detroit, MI
Updated October 16 at 12:55pm UTC
2 Bedrooms
$600
11408 Memorial St
Brooks
Detroit, MI
Updated October 16 at 12:53pm UTC
3 Bedrooms
$650
6885 Woodmont Ave
Brooks
Detroit, MI
Updated October 13 at 11:12am UTC
2 Bedrooms
$675
15097 Greenfield Rd
Cerveny
Detroit, MI
Updated October 13 at 2:00am UTC
1 Bedroom
$600
8063 Greenview Ave
Warrendale
Detroit, MI
Updated October 10 at 9:43am UTC
2 Bedrooms
$650

October 2018 Detroit Rent Report

Welcome to the October 2018 Detroit Rent Report. Detroit rents declined 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

October 2018 Detroit Rent Report

Welcome to the October 2018 Detroit Rent Report. Detroit rents declined 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 declined slightly over the past month

Detroit rents have declined 0.2% over the past month, but have remained steady at 0.3% in comparison to the same time last year. Currently, median rents in Detroit stand at $680 for a one-bedroom apartment and $890 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in June. Detroit's year-over-year rent growth lags the state average of 1.0%, as well as the national average of 0.9%.

Rents rising across the Detroit Metro

While rents have remained steady in the city of Detroit throughout the past year, cities across the metro have seen a different trend. Rents have risen in 9 of of the largest 10 cities in the Detroit metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Taylor has seen rents fall by 1.5% over the past year, the biggest drop in the metro. It also has the least expensive rents in the Detroit metro, with a two-bedroom median of $870.
  • Troy 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 0.5% over the past month, the fastest in the metro.

Detroit rents more affordable than many similar cities nationwide

Rent growth in Detroit has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Detroit is still more affordable than most other large cities across the country.

  • Other cities across the state have seen rents slightly increase, with Michigan as a whole logging rent growth of 1.0% over the past year. For example, rents have grown by 1.4% in Lansing and 1.2% in Grand Rapids.
  • Detroit's median two-bedroom rent of $890 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the stagnant growth in Detroit.
  • While rents in Detroit remained moderately stable this year, similar cities saw increases, including Las Vegas (+2.9%), Charlotte (+1.3%), Fresno (+1.3%); note that median 2BR rents in these cities go for $1,140, $1,120, and $1,030 respectively.
  • Renters will find more reasonable prices in Detroit than most comparable 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 $680 $890 -0.2% 0.3%
Warren $760 $990 -0.4% 3.9%
Sterling Heights $820 $1,070 -0.3% 1.0%
Dearborn $1,010 $1,320 -0.1% 1.8%
Westland $740 $960 0.1% 1.1%
Troy $1,020 $1,330 0.5% 1.5%
Southfield $900 $1,170 0.1% 1.3%
Taylor $670 $870 -0.3% -1.5%
Pontiac $730 $950 0.2% 0.8%
Royal Oak $830 $1,080 -0.1% 0.2%
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.