Apartments for Rent in Mcnichols, Detroit, MI

Mcnichols, Detroit apartment availability

Mcnichols offers a good selection of rental listings, with an average of 37 rentals available each month. The neighborhood's rental market primarily features 2-bedroom and 3-bedroom apartments, with a smaller selection of 1-bedroom apartments and studios. Many of these apartments offer desirable amenities, including hardwood floors, which are available in nearly 29% of rentals. Additionally, some apartments in Mcnichols are pet-friendly, with 16% allowing small pets. This makes Mcnichols a great option for renters looking for a variety of housing options and amenities.

Mcnichols, Detroit rental market trends

The Mcnichols neighborhood in Detroit experienced a modest 1.26% year-over-year increase in average monthly rent, reaching $1,083.91 in 2024. Breaking it down by bed count, 1-bedrooms averaged $853.95 per month, a 5.51% decrease from the previous year. In contrast, 3-bedrooms saw a 7.43% increase, averaging $1,337.50 per month. Studios, however, experienced a 13.36% decrease, with an average rent of $772.50.

Summer months tend to see higher demand and prices in Mcnichols, with July typically having the highest rent, 15.06% higher than December, the month with the lowest rent. If you're searching for a new apartment, December may be a good time to find a deal, but be aware that the selection might be limited. On the other hand, if you're looking to rent during the peak season, be prepared for more competition and higher prices.

Why Mcnichols, Detroit is a great place to live

Mcnichols is a top choice for renters prioritizing social living in Detroit. According to 2024 data, the neighborhood's age distribution, transit frequency, and walk score make it an ideal spot for those who value community and connection. With a strong street infrastructure and a focus on safety, Mcnichols provides a solid foundation for residents to get out and about, meet new people, and enjoy local amenities. Whether you're looking for a vibrant community or just a convenient place to call home, Mcnichols is worth considering.