104 Luxury Apartments for rent in Detroit, MI

Last updated September 26 at 5:37PM
6544 BEAUBIEN Street
Central
Detroit, MI
Updated August 15 at 4:55AM
Studio
$2,400
5520 Kensington Ave
Finney
Detroit, MI
Updated September 26 at 10:30AM
3 Bedrooms
$1,150
1500 TRUMBULL Street
Downtown Detroit
Detroit, MI
Updated August 15 at 4:55AM
Studio
$4,500
20200 Alderton Street
Berg - Lasher
Detroit, MI
Updated August 29 at 11:18AM
3 Bedrooms
$1,400
17301 MACK Avenue
Finney
Detroit, MI
Updated August 15 at 4:56AM
Studio
$1,250
300 Riverfront
Downtown Detroit
Detroit, MI
Updated September 26 at 9:40AM
1 Bedroom
$1,200
238 Bagley Ave
Downtown Detroit
Detroit, MI
Updated September 26 at 5:37PM
Studio
$4,000
17316 Santa Barbara
Bagley
Detroit, MI
Updated September 26 at 3:47AM
Studio
$1,100
19320 LIVERNOIS Avenue
Palmer Park
Detroit, MI
Updated August 15 at 4:50AM
Studio
$6,000
13630 Thornton St
Mackenzie
Detroit, MI
Updated September 26 at 3:54AM
4 Bedrooms
$1,075
17147 APPOLINE
Bagley
Detroit, MI
Updated September 14 at 3:08AM
3 Bedrooms
$1,095
16010 W WARREN Avenue
Brooks
Detroit, MI
Updated August 24 at 4:25AM
Studio
$2,700
15797 MACK AVENUE
Finney
Detroit, MI
Updated August 15 at 4:59AM
Studio
$3,200
15494 Bringard Dr
Burbank
Detroit, MI
Updated September 26 at 3:42AM
4 Bedrooms
$1,100
850 W BALTIMORE Street
Central
Detroit, MI
Updated August 23 at 3:42AM
Studio
$4,000
735 Beaubien St
Downtown Detroit
Detroit, MI
Updated September 26 at 1:32AM
3 Bedrooms
$2,000
7422 E Brentwood St
Pershing
Detroit, MI
Updated September 26 at 3:47AM
5 Bedrooms
$1,100
Abington Ave
Brooks
Detroit, MI
Updated September 26 at 7:31AM
4 Bedrooms
$1,000
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Rent Report
Detroit

September 2017 Detroit Rent Report

Welcome to the September 2017 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 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 2.0% 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. The city's rents have been increasing for 19 straight months - the last time rents declined was in January of last year. Detroit's year-over-year rent growth lags the state average of 2.5%, as well as the national average of 3.0%.

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 $1,340; the city has also seen rent growth of 7.1% over the past year, the fastest in the metro.
  • Over the past month, Taylor has seen the biggest rent drop in the metro, with a decline of 0.3%. Median two-bedrooms there cost $890, while one-bedrooms go for $680.
  • Detroit proper has the least expensive rents in the Detroit metro, with a two-bedroom median of $890; rents were up 0.2% over the past month and 2.0% over the past year.

Detroit rents more affordable than many other large cities nationwide

Rent growth in Detroit has been relatively stable over the past year - some other large cities have seen more substantial increases. Detroit is still more affordable than most similar cities across the country.

  • Other cities across the state have seen rents increase, with Michigan as a whole logging rent growth of 2.5% over the past year.
  • Detroit's median two-bedroom rent of $890 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 2.0% rise in Detroit.
  • While rents in Detroit remained moderately stable this year, similar cities saw increases, including Fresno (+6.3%), Las Vegas (+5.2%), and Charlotte (+3.9%); note that median 2BR rents in these cities go for $1,010, $1,110, and $1,110 respectively.
  • Renters will find more reasonable prices in Detroit than most comparable cities. For example, Chicago has a median 2BR rent of $1,290, 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% 2.0%
Warren $720 $940 1.7% 2.8%
Sterling Heights $810 $1,060 0.7% 3.6%
Dearborn $1,030 $1,340 0.8% 7.1%
Westland $730 $950 0.1% 2.5%
Troy $980 $1,280 0.0% 2.7%
Southfield $890 $1,160 -0.1% 1.4%
Taylor $680 $890 -0.3% 0.7%
Pontiac $720 $930 0.0% 3.3%
Royal Oak $830 $1,080 -0.2% 3.7%
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.