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studio apartments
Last updated April 29 2020 at 6:36 AM

2 Studio Apartments for rent in Howell, MI

Last updated July 11 at 04:11am
1 Unit Available
7949 W GRAND RIVER Road
7949 East Grand River Avenue, Livingston County, MI
Studio
$1,800
1148 sqft
Free standing building in excellent location with 113 ft frontage on Grand River and 208 ft on Hacker. High traffic and great demographics. Existing sign to be removed; new tenant to provide their own signage to conform with Township ordinance.
Last updated July 11 at 04:11am
1 Unit Available
106 E North Street
106 East North Street, Brighton, MI
Studio
$500
130 sqft
This is a private office for rent with direct access door to North St. Includes shared bathroom and has limited shared use possible for conference room. Office room is available furnished or can be vacant for your office furnishings.

July 2020 Howell Rent Report

Welcome to the July 2020 Howell Rent Report. Howell rents remained steady over the past month. In this report, we'll evaluate trends in the Howell rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rent Report

July 2020 Howell Rent Report

Welcome to the July 2020 Howell Rent Report. Howell rents remained steady over the past month. In this report, we'll evaluate trends in the Howell rental market, including comparisons to cities throughout the metro, state, and nation.

Howell rent trends were flat over the past month

Howell rents have remained flat over the past month, however, they have increased marginally by 0.6% year-over-year. Currently, median rents in Howell stand at $942 for a one-bedroom apartment and $1,226 for a two-bedroom. Howell's year-over-year rent growth is on par with the state average of 0.6%, but exceeds the national average of 0.2%.

    Rents rising across the Detroit Metro

    Throughout the past year, rent increases have been occurring not just in the city of Howell, but across the entire metro. Of the largest 10 cities that we have data for in the Detroit metro, 8 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 seen rents fall by 0.4% over the past year, the biggest drop in the metro. It's also the most expensive city in the Detroit metro with a two-bedroom median of $1,373.
    • Warren has seen the fastest rent growth in the metro, with a year-over-year increase of 1.8%. The median two-bedroom there costs $1,034, while one-bedrooms go for $795.
    • Taylor has the least expensive rents in the Detroit metro, with a two-bedroom median of $897; rents remained steady over the past month.

    Howell rents more affordable than many large cities nationwide

    As rents have increased marginally in Howell, other large cities nationwide have seen rents grow more quickly. Howell is still more affordable than most large cities across the country.

    • Although rents across cities in Michigan have been on the rise, the state's growth as a whole has held steady over the past year. For example, rents have grown by 0.4% in Lansing and 0.3% in Grand Rapids.
    • Howell's median two-bedroom rent of $1,226 is slightly above the national average of $1,192. Nationwide, rents have held steady over the past year.
    • While Howell's rents rose marginally over the past year, many cities nationwide saw decreases, including Baltimore (-0.7%), Charlotte (-0.4%), and Philadelphia (-0.3%).
    • Renters will find more reasonable prices in Howell than most large cities. For example, Chicago has a median 2BR rent of $1,289.

    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 Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Detroit
    $690
    $900
    0.1%
    0.2%
    Warren
    $790
    $1,030
    -0.2%
    1.8%
    Sterling Heights
    $840
    $1,090
    -0.1%
    0.5%
    Dearborn
    $1,050
    $1,370
    -0.7%
    -0.4%
    Livonia
    $940
    $1,220
    0.1%
    1.6%
    Westland
    $750
    $970
    0.3%
    0.3%
    Troy
    $990
    $1,290
    0.7%
    -0.1%
    Southfield
    $920
    $1,200
    0.3%
    0.9%
    Taylor
    $690
    $900
    0
    0.1%
    Pontiac
    $730
    $950
    0
    0.4%
    Dearborn Heights
    $880
    $1,150
    -0.3%
    -4.4%
    Royal Oak
    $830
    $1,080
    -0.1%
    0
    Novi
    $1,050
    $1,370
    0.8%
    -2.1%
    Roseville
    $760
    $980
    -0.1%
    -0.4%
    Lincoln Park
    $680
    $890
    0.2%
    0.5%
    Eastpointe
    $790
    $1,030
    -0.1%
    1%
    Port Huron
    $650
    $840
    0
    -0.2%
    Southgate
    $780
    $1,020
    0
    -0.1%
    Madison Heights
    $850
    $1,100
    0
    0.1%
    Oak Park
    $990
    $1,290
    0
    1.2%
    Auburn Hills
    $930
    $1,210
    -0.1%
    0.7%
    Ferndale
    $720
    $940
    -0.5%
    -0.7%
    Mount Clemens
    $550
    $710
    0
    2.3%
    Rochester
    $990
    $1,280
    -0.4%
    -1.5%
    Highland Park
    $600
    $780
    0
    0.7%
    Howell
    $940
    $1,230
    0
    0.6%
    Plymouth
    $810
    $1,010
    0.1%
    2.6%
    Brighton
    $930
    $1,210
    0.2%
    4%
    Walled Lake
    $950
    $1,230
    -0.1%
    0.1%
    Belleville
    $920
    $1,170
    2.7%
    4.8%
    Clinton
    $760
    $910
    0.9%
    2.6%
    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.

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