104 Apartments under 700 for rent in Detroit, MI

Last updated June 17 at 5:21pm UTC
9535 Penrod St
Franklin Park
Detroit, MI
Updated June 17 at 5:21pm UTC
1 Bedroom
$550
15373 Greenfield Rd
Cerveny
Detroit, MI
Updated June 17 at 5:21pm UTC
1 Bedroom
$550
12890 Outer Dr W
Brightmoor
Detroit, MI
Updated June 17 at 5:20pm UTC
1 Bedroom
$615
3310 Calvert St
Durfee
Detroit, MI
Updated June 16 at 10:06am UTC
2 Bedrooms
$600
3312 Calvert St
Durfee
Detroit, MI
Updated June 16 at 10:06am UTC
2 Bedrooms
$600
2547 Elmhurst St
Durfee
Detroit, MI
Updated June 14 at 5:56pm UTC
8 Bedrooms
$455
12050 Bryden St
Winterhalter
Detroit, MI
Updated June 14 at 10:14am UTC
1 Bedroom
$475
7646 Patton St
Warrendale
Detroit, MI
Updated June 14 at 10:10am UTC
2 Bedrooms
$650
6437 Grandville Ave
Warrendale
Detroit, MI
Updated June 14 at 9:43am UTC
1 Bedroom
$600
11804 St Patrick Ave
Conner
Detroit, MI
Updated June 14 at 9:43am UTC
Studio
$550
17630 Albion Ave
Osborn
Detroit, MI
Updated June 14 at 9:42am UTC
2 Bedrooms
$675
4239 Alter Rd
Mack
Detroit, MI
Updated June 13 at 11:11am UTC
1 Bedroom
$500
9535 Penrod St
Franklin Park
Detroit, MI
Updated June 10 at 1:41am UTC
2 Bedrooms
$600
7536 Dunedin St
Rosa Parks
Detroit, MI
Updated June 9 at 1:43am UTC
1 Bedroom
$625
711 Covington Dr
Palmer Park
Detroit, MI
Updated June 17 at 5:20pm UTC
2 Bedrooms
$645
300 Whitmore Rd
Palmer Park
Detroit, MI
Updated June 17 at 5:20pm UTC
1 Bedroom
$545
445 Field St
Butzel
Detroit, MI
Updated June 17 at 5:21pm UTC
2 Bedrooms
$650
20415 W 7 Mile Rd Apt 104
Evergreen
Detroit, MI
Updated June 17 at 9:22am UTC
1 Bedroom
$650
9533 Brace St
Franklin Park
Detroit, MI
Updated June 14 at 5:54pm UTC
1 Bedroom
$550
18421 W Chicago
Franklin Park
Detroit, MI
Updated June 14 at 9:42am UTC
1 Bedroom
$535
11660 Broadstreet Ave
Winterhalter
Detroit, MI
Updated June 13 at 11:18am UTC
3 Bedrooms
$650
14530 Manning St
Burbank
Detroit, MI
Updated June 13 at 11:10am UTC
3 Bedrooms
$600
4470 Outer Dr E
Pershing
Detroit, MI
Updated June 11 at 1:44am UTC
1 Bedroom
$580
20238 Stoepel St
Pembroke
Detroit, MI
Updated June 10 at 10:55am UTC
3 Bedrooms
$650

June 2018 Detroit Rent Report

Welcome to the June 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

June 2018 Detroit Rent Report

Welcome to the June 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 moderately over the past month

Detroit rents have increased 0.3% over the past month, and have increased slightly by 1.0% 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 March. Detroit's year-over-year rent growth lags the state and national averages, which both stand at 1.5%.

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, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Taylor has seen rents fall by 0.8% 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 $880.
  • Warren has seen the fastest rent growth in the metro, with a year-over-year increase of 8.5%. The median two-bedroom there costs $1,000, while one-bedrooms go for $770.
  • Troy has the most expensive rents of the largest cities in the Detroit metro, with a two-bedroom median of $1,300; rents fell 0.1% over the past month but rose 1.1% over the past year.

Detroit rents more affordable than many comparable cities nationwide

As rents have increased slightly in Detroit, other large cities nationwide have seen rents grow more quickly. 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 1.5% over the past year. For example, rents have grown by 2.7% in Grand Rapids and 2.0% in Lansing.
  • Detroit's median two-bedroom rent of $890 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 1.0% increase in Detroit.
  • While Detroit's rents rose slightly over the past year, some cities nationwide saw decreases, including Chicago (-0.8%) and Baltimore (-0.8%).
  • 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 $690 $890 0.3% 1.0%
Warren $770 $1,000 1.2% 8.5%
Sterling Heights $820 $1,070 0.7% 1.8%
Dearborn $990 $1,290 1.0% 1.5%
Livonia $940 $1,220 1.4% 2.7%
Westland $740 $960 0.4% 1.3%
Troy $1,000 $1,300 -0.1% 1.1%
Southfield $900 $1,170 0.2% 0.9%
Taylor $680 $880 0.4% -0.8%
Pontiac $730 $940 -0.2% 1.1%
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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.