Detroit Metro Report: October 2019

The Zumper Detroit Metro Area Report analyzed active listings in September 2019 across 8 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Michigan one bedroom median rent was $890 last month.

Le plus cher

–Birmingham was the most expensive city in the metro with one bedrooms priced at $1,790.

–Ann Arbor rent grew 3.9% to $1,330 and ranked as the second priciest city.

–Ferndale was third with rent priced at $1,230.

Le moins cher

–Detroit ranked as the most affordable city with one bedrooms priced at $670.

–Warren was second with rent at $710.

–Ypsilanti ranked as third with rent staying flat at $860.

La croissance la plus rapide (Y/Y%)

–Detroit had the fastest growing rent, up 11.7% since this time last year.

–Royal Oak saw rent climb 10.0%, making it the second fastest growing.

–Birmingham was third with rent growing 7.8%.

La croissance la plus rapide (M/M%)

–Birmingham had the largest monthly rental growth rate, up 5.3%.

–Royal Oak rent jumped 4.8% last month, making it the second fastest growing.

–Detroit ranked as third with rent up 4.7%.

À propos

The Zumper Detroit Metro Area Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.

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