How many apartments are available in 49707 on Rentable.co?
Rentable.co has 3 apartments available for rent in 49707.
What is the average rent for an apartment in 49707?
The average rent for an apartment in 49707 is around $540 per month.
What is the average rent for a two-bedroom apartment in 49707?
The average rent for a two-bedroom apartment in 49707 is around $575 per month.
Find an Apartment in 49707
Looking for apartments for rent in 49707 Alpena, MI? Rentable has a variety of options for you! Currently, there are 4 units available in this zip code. The average rent in 49707 is $540, with the lowest priced unit, a 2-bedroom, starting at $512.
If you're searching for apartments near 49707 Alpena, MI, look no further. Rentable has a variety of options available to suit your preferences and budget. Explore our listings now to find the perfect rental for you in this vibrant area.
Alpena: April Rent Report
Welcome to the April 2024 Alpena Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
April 2024 key findings and figures for the Alpena rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Alpena 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
Alpena average rent prices in the chart below.
Monthly Rent Report
$650
$490
$330
$160
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR2 BR
Alpena Rent Prices Decrease From March to April
Alpena rent prices decreased over the last month. From March to April, the city experienced a -5.79% decrease for the price of a one-bedroom apartment. The rent price for a Alpena one-bedroom apartments currently stands at $521.0.
When we take a look at the two-bedroom comparison from March to April, Alpena experienced a 2.09% increase for the price of a two-bedroom apartment. The rent price for a Alpena two-bedroom apartments currently stands at $587.0.
April Prices: Alpena vs. Surrounding Areas
Rent Prices in Alpena and Surrounding Areas
Rent prices have decreased in Alpena 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 Alpena 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 Alpena suburbs
Rents did not decrease in any of the Alpena suburbs.
April 2024 Pricing Trends: Alpena vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent
Alpena Rent Prices More Affordable Than Major Cities
Rent growth in Alpena over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Alpena average rent prices appear to be
relatively affordable for local residents.
The price for a Alpena 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 Alpena and surrounding area rent prices, take a look at the complete data set below.
Data set for Alpena and suburbs
1 BR April
1 BR M/M % Change
2 BR April
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.