157 Luxury Apartments for rent in Detroit, MI

Last updated July 17 at 8:16pm UTC
19490 Ward
Pembroke
Detroit, MI
Updated July 17 at 9:24am UTC
3 Bedrooms
$1,200
14000 Faust Ave
Grandmont
Detroit, MI
Updated July 17 at 9:21am UTC
3 Bedrooms
$1,200
8900 E JEFFERSON Avenue
Gold Coast
Detroit, MI
Updated July 16 at 10:48pm UTC
1 Bedroom
$1,300
18265 MANOR Street
Bagley
Detroit, MI
Updated July 16 at 10:48pm UTC
3 Bedrooms
$1,000
16902 W Warren
Brooks
Detroit, MI
Updated July 16 at 10:48pm UTC
Studio
$1,500
445 E Ferry St
University
Detroit, MI
Updated July 14 at 9:41am UTC
1 Bedroom
$1,400
951 E Grand Boulevard
Kettering
Detroit, MI
Updated July 17 at 2:43am UTC
3 Bedrooms
$1,000
8340 Robson St.
Brooks
Detroit, MI
Updated July 14 at 9:42am UTC
4 Bedrooms
$1,000
17393 Wisconsin St
Bagley
Detroit, MI
Updated July 13 at 10:03am UTC
6 Bedrooms
$1,250
16523 La Salle Ave
Mcnichols
Detroit, MI
Updated July 13 at 10:03am UTC
4 Bedrooms
$1,450
14845 Rutherford St
Cerveny
Detroit, MI
Updated July 11 at 9:46am UTC
4 Bedrooms
$1,000
309 E Edsel Ford Fwy
Central
Detroit, MI
Updated July 17 at 5:26pm UTC
3 Bedrooms
$1,000
220 Bagley Ave
Downtown Detroit
Detroit, MI
Updated July 17 at 5:20pm UTC
Studio
$4,000
9935 Pierson St
Franklin Park
Detroit, MI
Updated July 17 at 5:17pm UTC
3 Bedrooms
$1,000
19960 Burgess
Evergreen
Detroit, MI
Updated July 17 at 5:16pm UTC
3 Bedrooms
$1,025
15686 Saratoga St
Burbank
Detroit, MI
Updated July 17 at 9:27am UTC
3 Bedrooms
$1,050
9750 Delmar St
Central
Detroit, MI
Updated July 17 at 9:24am UTC
3 Bedrooms
$1,200
648 Van Dyke St
Butzel
Detroit, MI
Updated July 16 at 1:14am UTC
3 Bedrooms
$1,500
645 Griswold St
Downtown Detroit
Detroit, MI
Updated July 16 at 1:14am UTC
Studio
$1,700
22626 Frisbee St
Berg - Lasher
Detroit, MI
Updated July 14 at 9:17am UTC
3 Bedrooms
$1,000
19941 Heyden St
Evergreen
Detroit, MI
Updated July 14 at 9:17am UTC
3 Bedrooms
$1,075

July 2018 Detroit Rent Report

Welcome to the July 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

July 2018 Detroit Rent Report

Welcome to the July 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 significantly over the past month

Detroit rents have increased 0.4% over the past month, and have increased slightly by 1.3% 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 third straight month that the city has seen rent increases after a decline in March. Detroit's year-over-year rent growth lags the state average of 1.5%, as well as the national average of 1.4%.

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 0.7% 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 $890.
  • Warren has seen the fastest rent growth in the metro, with a year-over-year increase of 9.7%. The median two-bedroom there costs $1,010, while one-bedrooms go for $780.
  • Dearborn has the most expensive rents of the largest cities in the Detroit metro, with a two-bedroom median of $1,310; rents increased 1.1% over the past month and 1.2% 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 slightly 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 2.1% in Grand Rapids and 1.9% in Lansing.
  • Detroit's median two-bedroom rent of $890 is below the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 1.3% increase in Detroit.
  • While Detroit's rents rose slightly over the past year, many cities nationwide saw decreases, including Chicago (-1.3%), Baltimore (-0.6%), and Minneapolis (-0.1%).
  • 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 0.4% 1.3%
Warren $780 $1,010 1.7% 9.7%
Sterling Heights $830 $1,070 0.7% 2.8%
Dearborn $1,000 $1,310 1.1% 1.2%
Livonia $940 $1,220 0.2% 2.9%
Westland $740 $960 0.3% 1.7%
Troy $1,000 $1,300 -0.1% 0.5%
Southfield $900 $1,170 0.1% 1.0%
Taylor $680 $890 0.5% -0.7%
Pontiac $720 $940 -0.2% 0.9%
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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.