202 Apartments under 700 for rent in Detroit, MI

Last updated January 21 at 5:44pm UTC
9550 Faust Ave
Franklin Park
Detroit, MI
Updated January 3 at 1:50am UTC
1 Bedroom
$525
12211 Stoepel St Apt 2
Winterhalter
Detroit, MI
Updated January 11 at 11:48am UTC
2 Bedrooms
$475
1160 Holcomb St
Foch
Detroit, MI
Updated January 21 at 5:44pm UTC
1 Bedroom
$550
11700 Engleside St
Conner
Detroit, MI
Updated December 30 at 12:01pm UTC
3 Bedrooms
$685
9545 Greenview Rd
Franklin Park
Detroit, MI
Updated January 3 at 1:50am UTC
2 Bedrooms
$600
16516 Cheyenne Unit B
Harmony Village
Detroit, MI
Updated January 21 at 5:06pm UTC
2 Bedrooms
$650
4113 Midland St
Mcnichols
Detroit, MI
Updated January 18 at 2:02pm UTC
1 Bedroom
$500
9544 Brace St
Franklin Park
Detroit, MI
Updated January 3 at 1:51am UTC
2 Bedrooms
$600
730 Whitmore Rd
Palmer Park
Detroit, MI
Updated January 18 at 2:02pm UTC
3 Bedrooms
$650
9545 Faust Ave
Franklin Park
Detroit, MI
Updated January 21 at 5:44pm UTC
1 Bedroom
$525
19043 MOROSS Road
Denby
Detroit, MI
Updated January 10 at 5:50pm UTC
3 Bedrooms
$675
8279 Indiana St
Mackenzie
Detroit, MI
Updated January 17 at 7:57pm UTC
2 Bedrooms
$625
13313 Averhill Ct
Jefferson Chalmers
Detroit, MI
Updated January 18 at 8:11pm UTC
3 Bedrooms
$525
15373 Greenfield Rd
Cerveny
Detroit, MI
Updated January 21 at 5:44pm UTC
1 Bedroom
$550
9595 Faust Ave
Franklin Park
Detroit, MI
Updated January 21 at 5:44pm UTC
1 Bedroom
$525
19041 Bentler St
Evergreen
Detroit, MI
Updated January 3 at 1:50am UTC
1 Bedroom
$525
Alter Rd
Jefferson Chalmers
Detroit, MI
Updated January 3 at 8:39am UTC
3 Bedrooms
$650
9545 Penrod St
Franklin Park
Detroit, MI
Updated January 3 at 1:51am UTC
1 Bedroom
$525
445 Field St
Butzel
Detroit, MI
Updated January 21 at 5:44pm UTC
2 Bedrooms
$650
10040 Mansfield St
Brooks
Detroit, MI
Updated December 7 at 11:55am UTC
3 Bedrooms
$650
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January 2018 Detroit Rent Report

Welcome to the January 2018 Detroit Rent Report. Detroit rents remained steady 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

January 2018 Detroit Rent Report

Welcome to the January 2018 Detroit Rent Report. Detroit rents remained steady 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 rent trends were flat over the past month

Detroit rents have remained flat over the past month, however, they have increased slightly by 1.1% year-over-year. Currently, median rents in Detroit stand at $680 for a one-bedroom apartment and $890 for a two-bedroom. Detroit's year-over-year rent growth lags the state average of 2.4%, as well as the national average of 2.8%.

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.

  • Troy has seen rents fall by 0.2% over the past month, the biggest drop in the metro. It's also the most expensive city in the Detroit metro with a two-bedroom median of $1,310.
  • Warren has seen the fastest rent growth in the metro, with a year-over-year increase of 9.0%. The median two-bedroom there costs $990, while one-bedrooms go for $760.
  • Detroit proper has the least expensive rents in the Detroit metro, with a two-bedroom median of $890; rents were up 1.1% over the past year but remained flat month-over-month.

Detroit rents more affordable than many comparable cities nationwide

As rents have increased slightly in Detroit, a few other large cities nationwide have also seen rents grow modestly. Detroit is still more affordable than most similar cities across the country.

  • Rents increased moderately in other cities across the state, with Michigan as a whole logging rent growth of 2.4% over the past year. For example, rents have grown by 2.8% in Lansing and 2.7% in Grand Rapids.
  • Detroit's median two-bedroom rent of $890 is below the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 1.1% increase in Detroit.
  • While Detroit's rents rose slightly over the past year, many cities nationwide also saw increases, including Fresno (+5.6%), Las Vegas (+4.4%), and Baltimore (+2.9%).
  • Renters will find more reasonable prices in Detroit than most comparable cities. For example, Chicago has a median 2BR rent of $1,250, 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 0.1% 1.1%
Warren $760 $990 0.5% 9.0%
Sterling Heights $820 $1,060 0.4% 2.8%
Dearborn $1,000 $1,300 0.4% 5.7%
Livonia $910 $1,190 -0.1% 2.7%
Westland $730 $950 0.1% 2.5%
Troy $1,000 $1,310 -0.2% 2.6%
Southfield $890 $1,160 -0.0% 0.9%
Taylor $680 $890 0.1% 0.4%
Pontiac $720 $930 -0.0% 2.5%
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.