Apartments in Roycroft Melvindale

1 - 8 of 8 Results
21
$863 - 1,040
30 Gale Gardens Blvd. #2 Melvindale, MI
1 - 2 BR | Available Now
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Roycroft
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
12
$700
2103 and 2073 Philomene Lincoln Park, MI
1 BR | Available Now
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Storage
6
$1 - 820
1300 Electric Ave Lincoln Park, MI
1 - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Section 8
12
$1,300
Melvindale, MI
3 BR | Available Now
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2
$650
1806 Horger St Lincoln Park, MI
1 BR | Ask for Availability
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14
$1,100
Allen Park, MI
2 BR | Available Now
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Dishwasher
Downtown Allen Park
1
$950
Allen Park, MI
Studio | Ask for Availability
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House
$1,299
1301 Ethel Lincoln Park, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1 - 8 of 8 Results
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Melvindale:
May Rent Report

Welcome to the May 2024 Melvindale Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Melvindale rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Melvindale and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Melvindale average rent prices in the chart below.

Monthly Rent Report

$1,150
$860
$580
$290
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Melvindale Rent Prices Decrease From April to May

Melvindale rent prices decreased over the last month. From April to May, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Melvindale one-bedroom apartments currently stands at $873.0.

When we take a look at the two-bedroom comparison from April to May, Melvindale experienced a 1.28% increase for the price of a two-bedroom apartment. The rent price for a Melvindale two-bedroom apartments currently stands at $1,032.0.

May Prices: Melvindale vs. Surrounding Areas

Rent Prices in Melvindale and Surrounding Areas

Rent prices have decreased in Melvindale over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Melvindale suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Melvindale suburbs

  • Rents did not decrease in any of the Melvindale suburbs.

May 2024 Pricing Trends: Melvindale vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Melvindale Rent Prices More Affordable Than Major Cities

Rent growth in Melvindale over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Melvindale average rent prices appear to be relatively affordable for local residents.

The price for a Melvindale one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Melvindale and surrounding area rent prices, take a look at the complete data set below.

Data set for Melvindale and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.