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Average Rent in Detroit, MI & Rent Trends

Rent prices and market trends across 2 apartment communities in Detroit, MI. Updated daily.

Market Average

$2,840/mo

Lowest Available

$1,800/mo

cheapest unit on market

Communities

2

tracked daily

Units Listed

10

available now

Rent Watch: cuts and increases

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0 cuts and 0 increases among 3 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Detroit, MI

Compare average rent across Detroit, MI neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Midtown $2,100 ▼  $889 $895 10 48
Downtown Detroit $1,834 ▼  $302 $795 15 114
Elmwood Park $1,750 ▼  $411 $824 4 28

Is Rent Going Up or Down in Detroit, MI?

As of October 2026, the average rent in Detroit, MI is $2,840 per month across 2 apartment communities and 10 available units.

The most affordable option is Berkshire Hathaway HomeServices The Loft Warehouse starting at $1,800/mo. By unit type, a 3-bedroom averages $2,840/mo.

Prices range from $1,800 to $4,900 per month. The most common price point is the $2,200 range, where 2 units are currently listed.

Rent Price Distribution

Rent by Bedroom Type in Detroit, MI

3 Bed
$2,840
from $1,800 · 10 units

Rent Prices by Apartment in Detroit, MI

Property Starting at Average Units Rating
Berkshire Hathaway HomeServices The Loft Warehouse $1,800/mo $2,857/mo 7 4.8
Lafayette Towers $2,600/mo $2,800/mo 3 2.7

Frequently Asked Questions About Rent in Detroit, MI

What is the average rent in Detroit, MI?

The average rent in Detroit, MI is $2,840 per month as of October 2026, based on 10 units across 2 apartment communities.

Is rent going up or down in Detroit, MI?

The current average rent in Detroit, MI is $2,840/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Detroit, MI?

The most affordable apartment in Detroit, MI is Berkshire Hathaway HomeServices The Loft Warehouse with units starting at $1,800/mo.

How many apartments are available in Detroit, MI?

There are 10 units available across 2 apartment communities in Detroit, MI.

What salary do I need to live comfortably in Detroit, MI?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$114,000/year

Based on the 30 percent rule, using our tracked average rent of $2,840/mo.

Comfortable income

$136,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,800/mo), you need to earn at least $72,000/year.

Median household income in Detroit, MI is $39,575 , about 71% below the comfortable-living threshold.

Cost of living in Detroit, MI

Overall prices in Detroit, MI runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Detroit, MI's regional price parities.

Category Monthly estimate
Rent (market average) $2,840
Utilities $400
Groceries $529
Transportation $954
Healthcare $466
Other goods and services $745
Estimated total $5,934/mo

Population

636,644

Median household income

$39,575

Census median rent

$1,034/mo

Census rent burden

34.7%

Median age

35.1

Mean commute

25 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Detroit, MI Apartments

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