The Zumper Detroit Metro Report analyzed active listings in October across 10 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Michigan state median one bedroom rent was $775 last month.
Cities Ranked By Rent
Le plus cher
–Novi, MI one bedroom rent was the most expensive in the metro at $1,160.
–Dearborn, MI followed closely behind as second with one bedrooms priced at $1,140.
–Troy, MI rent was an even $1,000, making it third.
Le moins cher
–Detroit, MI remained the most affordable city with rent at $580.
–Pontiac, MI rent, only $20 more than Detroit’s at $600, was the second least expensive in the metro.
–Taylor, MI ranked as third with rent at $640.
Growth Rate
La croissance la plus rapide (Y/Y%)
–Pontiac, MI had the fastest growing rent since this time last year, up 15.4%.
–Warren, MI was second with rent climbing 13.8%.
–Novi, MI rent had the third largest year over growth rate, increasing 11.5%.
La croissance la plus rapide (M/M%)
–Dearborn, MI was the only city with a significant monthly growth rate, up 5.6%.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Novi | $1,160 | 0.00% | 11.50% | $1,350 | -2.90% | -15.60% |
| 2 | Dearborn | $1,140 | 5.60% | -15.60% | $1,310 | 4.80% | -5.80% |
| 3 | Troy | $1,000 | -4.80% | 11.10% | $1,510 | 5.60% | -15.60% |
| 4 | Livonia | $990 | 3.10% | 1.00% | $1,200 | -4.80% | 0.00% |
| 5 | Farmington Hills | $920 | -5.20% | -1.10% | $1,250 | 0.00% | 3.30% |
| 6 | Southfield | $870 | 1.20% | 8.70% | $1,250 | 2.50% | 15.70% |
| 7 | Garenne | $740 | -2.60% | 13.80% | $930 | 3.30% | 14.80% |
| 8 | Taylor | $640 | -4.50% | 0.00% | $890 | 4.70% | 8.50% |
| 9 | Pontiac | $600 | -4.80% | 15.40% | $780 | 0.00% | 6.80% |
| 10 | Détroit | $580 | -3.30% | 5.50% | $680 | -2.90% | 4.60% |
À propos
The Zumper Detroit Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
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