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The Residences at Book Tower apartments in Detroit, MI

Updated

The Residences at Book Tower

1265 Washington Blvd Suite #200, Detroit, MI 48226, USA

Live pricing, refreshed

11
Units Listed
$1,860
Starting at
$2,293
Average
$3,135
Highest
$3.34
Per Sq Ft

How does this compare? View Downtown Detroit rent trends

Beds

Pricing by Bedroom

Studio
$1,860
from $1,860 · 1 units
~540 sqft avg
1 Bed
$2,336
from $2,005 · 10 units
~700 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (9)

Largest 8 movers of 9

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$209K/mo

from 72 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$2,907

vs $2,293 current asking

Recent Lease Activity

83 units tracked; 72 assumed leased, 11 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

11

Moderate availability

10 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

11 units
Studio / 1 Bath C2
$1,860/mo
540 ft² · $3.44/ft² · #1
Down $5 since Aug 18 (was $1,865)
1 Bed / 1 Bath J
$2,005/mo
659 ft² · $3.04/ft² · #5
1 Bed / 1 Bath J
$2,010/mo
659 ft² · $3.05/ft² · #6
Up $5 since Aug 21 (was $2,005)
1 Bed / 1 Bath F
$2,035/mo
569 ft² · $3.58/ft² · #2
1 Bed / 1 Bath H
$2,080/mo
627 ft² · $3.32/ft² · #3
1 Bed / 1 Bath H2
$2,140/mo
643 ft² · $3.33/ft² · #4
1 Bed / 1 Bath K
$2,280/mo
670 ft² · $3.40/ft² · #7
1 Bed / 1 Bath M
$2,500/mo
729 ft² · $3.43/ft² · #8
1 Bed / 1 Bath M2
$2,500/mo
741 ft² · $3.37/ft² · #9
1 Bed / 1 Bath N3
$2,675/mo
763 ft² · $3.51/ft² · #10

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Detroit, MI notes

No resident notes for this property yet.

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