Apartments for Rent in State Fair-Nolan, Detroit, MI

State Fair-Nolan, Detroit apartment availability

State Fair-Nolan's rental market offers a good selection of listings, with an average of about 25 rentals available each month. The neighborhood's rentals are mostly 3-bedroom apartments, followed by 2-bedroom and 1-bedroom options. Some popular amenities in State Fair-Nolan apartments include hardwood floors, available in about 36% of rentals, and outdoor spaces, available in about 24% of rentals. Additionally, about 19% of apartments offer in-unit laundry, adding to the neighborhood's appeal. With a range of options and convenient amenities, State Fair-Nolan is worth considering for renters looking for a new home in Detroit.

State Fair-Nolan, Detroit rental market trends

State Fair-Nolan in Detroit has seen a significant surge in rent prices in 2024, with the average monthly rent across all property types increasing by 16.1% year-over-year to $1,131. This upward trend is particularly notable for 1-bedroom units, which have experienced a 16.4% jump to $760 per month. In contrast, studio apartments have seen a 6.25% decrease in rent, averaging $600 per month.

The most expensive time to rent in State Fair-Nolan is August, with prices peaking at 17% higher than in December, the least expensive month. Prospective renters looking for a more affordable option may want to consider searching during the winter months when demand is lower. Overall, the State Fair-Nolan rental market is experiencing a significant growth in prices, making it essential for renters to be aware of these trends when searching for a place to live.

Why State Fair-Nolan, Detroit is a great place to live

We've analyzed data from the last few years to understand what makes State Fair-Nolan an attractive neighborhood for renters. Our findings suggest that this area is particularly well-suited for those who value a vibrant social life.

With its excellent transit frequency and infrastructure, well-designed street layout, and a diverse age distribution among residents, State Fair-Nolan offers a unique blend of convenience and community. The neighborhood's high walk score and emphasis on safety also make it an ideal location for those who enjoy exploring local amenities on foot. If you're looking for a neighborhood that supports an active social lifestyle, State Fair-Nolan is definitely worth considering.