Detroit, MI is a vibrant and diverse city with a thriving rental market. It is the largest city in the state of Michigan and is located in the Southeast region of the United States. The city is home to numerous attractions, including the Detroit Institute of Arts, the Detroit Zoo, and the Motown Museum. The rental market in Detroit is strong and competitive, with a variety of housing options available to meet the needs of all types of renters.
The average rental prices in Detroit are lower than the national average, making it an attractive destination for renters looking for affordable housing. The median rent for a one-bedroom apartment in Detroit is $766 per month, compared to the national average of $926. Two-bedroom apartments in the city cost an average of $900 per month, while three-bedroom units rent for an average of $1,084.
When it comes to the best schools in Detroit, the Detroit Public Schools system is considered one of the top districts in the nation. The district offers a wide range of educational opportunities for students, from early childhood education to college and beyond. Other areas of the city also have excellent school districts, including the Grosse Pointe Public Schools, the Livonia Public Schools, and
The average rental price for an apartment in Detroit, MI is $1,039 per month, for a townhouse it is $1,246 per month, for a condo it is $1,462 per month, for a loft it is $1,631 per month, and for a single family home it is $1,392 per month.
Rental prices in Detroit, MI have increased significantly over the last five years. According to Zillow, the median rent price in Detroit, MI in 2016 was $850, while in 2021, it is $1,200, representing a 41.2% increase. Additionally, the median rent price for a one-bedroom apartment in Detroit, MI has also increased substantially, from $650 in 2016 to $850 in 2021, representing a 30.8% increase.
The median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Detroit, MI are as follows:
1-Bedroom: $850
2-Bedroom: $1,050
3-Bedroom: $1,250
Detroit school districts are among the lowest performing in the country. According to the National Assessment of Educational Progress, Detroit students scored in the bottom 10% of students tested nationally in math and reading. Detroit also has one of the highest student dropout rates in the nation, with an estimated 22% of high school students dropping out in a given year. As a result, Detroit schools have some of the lowest graduation rates in the country. Additionally, Detroit has some of the highest rates of poverty in the nation, and this has a direct impact on the quality of education in the city's public schools.
1. Midtown
2. Downtown
3. Corktown
4. Woodbridge
5. North End
1. Downtown
2. Palmer Woods
3. Indian Village
4. Boston-Edison
5. Sherwood Forest