Apartments for Rent in Denby, Detroit, MI

Denby, Detroit apartment availability

Denby's rental market offers a good selection of listings, with an average of 59 rentals available each month. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, with the latter being the most prevalent. Many of these apartments offer desirable amenities, including hardwood floors, found in nearly a quarter of listings, and pet-friendly options, available in around 20% of rentals. With a range of choices and amenities, Denby is a neighborhood worth considering for renters looking for a new home in Detroit.

Denby, Detroit rental market trends

The Denby neighborhood in Detroit saw a notable increase in rent prices last year, with an average monthly rent of $1,120 across all bed counts and property types, representing an 8% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $763 per month, a 7.7% decrease from the previous year. In contrast, 2-bedrooms and 3-bedrooms experienced increases, with average rents of $981 and $1,213, respectively. Studio apartments remained relatively stable, with a slight 0.08% increase to $700 per month.

The rental market in Denby tends to peak in the fall, with September typically seeing the highest rent prices, 12.7% higher than the lowest point in March. If you're looking for a new apartment, be prepared for more competition during this time. Conversely, searching during the spring may yield better deals, with March offering relatively lower prices. Keep in mind that the rental market can fluctuate, and being aware of these trends can help you navigate your apartment search more effectively.

Why Denby, Detroit is a great place to live

Denby is a top choice for renters who prioritize pet friendliness and social living. According to data, apartments in Denby often feature pet-friendly amenities such as pet waste stations, dedicated pet spaces, and pet-safe windows. The neighborhood also hosts pet events, has no breed restrictions, and allows pets without restrictions, making it an ideal location for pet owners. Additionally, Denby's social scene is enhanced by its street infrastructure, diverse neighborhood age distribution, frequent transit options, safety, and high walk score, making it easy for residents to get out and about with friends. Overall, Denby offers a unique blend of pet-friendly and social living, making it a great fit for renters who value these lifestyles.