Detroit Homes for Rent
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At first we thought we'd have to cram all of our friends into one place. Now, all of my college friends and I live in a nice, big property and it is so much cheaper and more functional. - Detroit,MI
Detroit Homes for Rent
Moving to Detroit and looking to rent a house? There are a variety of possible options that are particularly basic to find using the home rental search features on MyNewPlace. House rentals can be the easiest option to have more room for you and your family. Whether you are looking for a townhome, condo, or single family house, you can find the perfect rental home to rent in the choicest locations of Detroit.
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Detroit Market Trends
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Household Income
Household Income City State City Compared to State Less than $10,000 19.1% 8.3% +10.8% $10,000 to $14,999 8.3% 5.8% +2.5% $15,000 to $19,999 8.0% 6.0% +2.0% $20,000 to $24,999 8.1% 6.4% +1.7% $25,000 to $29,999 7.1% 6.2% +0.9% $30,000 to $34,999 6.3% 6.2% +0.1% $35,000 to $39,999 5.6% 5.8% -0.2% $40,000 to $44,999 5.1% 5.7% -0.6% $45,000 to $49,999 4.2% 5.0% -0.8% $50,000 to $59,999 7.3% 9.3% -2.0% $60,000 to $74,999 7.7% 11.2% -3.5% $75,000 to $99,999 7.0% 11.4% -4.4% $100,000 to $124,999 3.2% 5.9% -2.7% $125,000 to $149,999 1.3% 2.7% -1.4% $150,000 to $199,999 0.9% 2.1% -1.2% $200,000 or more 0.9% 2.0% -1.1% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 9.2% 7.5% +1.7% 10.0% to 14.9% 11.9% 13.4% -1.5% 15.0% to 19.9% 11.6% 14.9% -3.3% 20.0% to 24.9% 9.6% 12.4% -2.8% 25.0% to 29.9% 8.6% 10.0% -1.4% 30.0% to 34.9% 6.2% 6.8% -0.6% 35.0% to 39.9% 4.6% 4.7% -0.1% 40.0% to 49.9% 6.5% 6.3% +0.2% 50.0% or more 22.8% 17.4% +5.4% Not computed 9.0% 6.7% +2.3% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 9.4% 14.7% -5.3% 25 to 34 years 28.2% 28.1% +0.1% 35 to 44 years 23.9% 21.0% +2.9% 45 to 54 years 17.5% 14.0% +3.5% 55 to 64 years 9.0% 7.3% +1.7% 65 to 74 years 6.5% 5.9% +0.6% 75 to 84 years 4.2% 6.0% -1.8% 85 years and over 1.4% 2.9% -1.5% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 33.9% 39.2% -5.3% 30 to 44 minutes 27.3% 25.2% +2.1% 45 to 59 minutes 11.6% 13.3% -1.7% 60 or more minutes 27.2% 22.3% +4.9%
Source: 2000 Census
Average Price to Lease a Home Property in Detroit, Michigan
| # Bedrooms | Jan | Dec | Nov | 3 Month % change |
|---|---|---|---|---|
| 1 Bed | N/A | N/A | N/A | 0% |
| 2 Bed | $638 | $548 | N/A | 0% |
| 3 Bed | $762 | $710 | $698 | 9.2% |
| 4 Bed | $798 | N/A | N/A | 0% |
See how Apartment Rentals compare in Detroit
Houses for Rent in Cities Near Detroit, MI
MyNewPlace can help you find the Detroit, MI home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Detroit, MI.