Luxury Apartments in Detroit, MI

Map
1 of 18 Results
25
$1,250 - 2,090
The Freelon at Sugar Hill
119 Garfield Detroit, MI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
29
3D Tour
$1,535 - 4,500
The Kahn
Deal
3.6
7430 2Nd Avenue Detroit, MI
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
35
$1,750 - 1,775
Woodward West
3439 Woodward Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
16
$1,098 - 1,940
Eddystone
Deal
2701 Park Ave. Detroit, MI
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
19
$1,364 - 2,150
The Strathmore Apartments
Deal
2.6
70 West Alexandrine Detroit, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
In Unit Laundry
Fitness Center
9
$1,500
St. Regis House Apartments
Deal
3075 W Grand Blvd Detroit, MI
1 BR | Feb. 23, 2023
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
New Center
15
3D Tour
$1,610 - 1,985
Ducharme Place
1544 E. Lafayette Street Detroit, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
20
3D Tour
$1,125 - 2,935
Lofts of Merchants Row
1247 Woodward Avenue Detroit, MI
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
In Unit Laundry
7
$1,000 - 2,000
Parkstone Apartments
1415 Parker St Detroit, MI
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Surface Parking
Balcony, Deck, Patio
7
$1,615 - 2,015
The Ferguson
1448 Woodward Ave Detroit, MI
Studio - 1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
25
$980 - 2,235
The Farwell
1249 Griswold St Detroit, MI
Studio - 2 BR | Available Now
Contact
Balcony, Deck, Patio
Storage
Disability Access
Dishwasher
Downtown Detroit
14
$1,515 - 2,828
The Boulevard
2911 W. Grand Boulevard Detroit, MI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
16
$1,575 - 2,095
Philip Houze
Deal
415 Clifford St Detroit, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
In Unit Laundry
14
$899 - 1,150
Briggs House
3.0
114 W. Adams Detroit, MI
Studio - 1 BR | Available Now
Contact
Virtual Tour
Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
21
$975 - 1,600
Sheridan Court
Deal
4417 2Nd Ave Detroit, MI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
10
$1,375 - 2,006
The Albert - Capitol Park
1214 Griswold St Detroit, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Storage
18
$948 - 1,670
The Pavilion
1 Lafayette Plaisance St Detroit, MI
Studio - 2 BR | Available Now
Contact
Heat Included
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
18
$2,370 - 3,800
Furnished/flex-lease In Corktown
1680 Michigan Ave Detroit, MI
Studio - 1 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
1 - 18 of 18 Results
  1. Home
  2. Detroit
  3. Luxury Apartments

How much does it cost to rent a luxury apartment in Detroit?

luxury apartments
Bed Type Average Rent Range
Studio $1,400 $950 - $1,790
1BR $1,630 $1,220 - $2,010
2BR $2,120 $1,600 - $4,000
3BR $3,720 $2,940 - $4,500
Detroit Apartments
Bed Type Average Rent Range
Studio $1,030 $680 - $1,690
1BR $1,360 $650 - $2,090
2BR $1,210 $800 - $2,680
3BR $1,200 $920 - $2,830
4+BR $1,330 $1,070 - $1,830
Detroit Luxury Apartments vs. Detroit Average

Detroit:
February Rent Report

Welcome to the February 2023 Detroit Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2023 key findings and figures for the Detroit rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Detroit 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 Detroit average rent prices in the chart below.

Monthly Rent Report

Detroit Rent Prices Increase From January to February

Detroit rent prices increased over the last month. From January to February, the city experienced a 3.09% increase for the price of a one-bedroom apartment. The rent price for a Detroit one-bedroom apartments currently stands at $1,367.0.

When we take a look at the two-bedroom comparison from January to February, Detroit experienced a -4.05% decrease for the price of a two-bedroom apartment. The rent price for a Detroit two-bedroom apartments currently stands at $1,278.0.

February Prices: Detroit vs. Surrounding Areas

Rent Prices in Detroit and Surrounding Areas

Rent prices have increased in Detroit over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Detroit suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Southfield, MI, Troy, MI .

  • Rent decreased in Farmington Hills, MI, Clinton Township, MI, Livonia, MI, Sterling Heights, MI.

  • 1 suburb is currently priced higher than the city of Detroit.

  • 5 suburbs are currently priced lower than the city of Detroit.

February 2023 Pricing Trends: Detroit vs. National Comparisons

Detroit Rent Prices More Affordable Than Major Cities

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

The price for a Detroit 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 Detroit and surrounding area rent prices, take a look at the complete data set below.

Data set for Detroit and suburbs

1 BR February 1 BR M/M % Change 2 BR February 2 BR M/M % Change
Detroit, MI $1,326.0 0.76% $1,332.0 -1.26%
Farmington Hills, MI $1,202.0 -2.20% $1,563.0 -3.70%
Clinton Township, MI $1,204.0 -4.75% $1,405.0 -5.39%
Livonia, MI $1,534.0 -1.16% $1,388.0 0.43%
Sterling Heights, MI $1,223.0 -4.75% $1,489.0 -3.94%
Southfield, MI $1,171.0 0.52% $1,497.0 0.88%
Troy, MI $1,297.0 0.54% $1,410.0 -0.28%

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.