Rentable.co has 7 apartments available for rent in 48505.
The average rent for an apartment in 48505 is around $800 per month.
Welcome to the April 2024 Flint 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 Flint rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Flint 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 Flint average rent prices in the chart below.
Flint rent prices increased over the last month. From March to April, the city experienced a 5.12% increase for the price of a one-bedroom apartment. The rent price for a Flint one-bedroom apartments currently stands at $698.0.
When we take a look at the two-bedroom comparison from March to April, Flint experienced a 4.98% increase for the price of a two-bedroom apartment. The rent price for a Flint two-bedroom apartments currently stands at $801.0.
Rent prices have increased in Flint over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Flint suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Waterford, MI, Lapeer, MI, Lake Orion, MI .
Rent decreased in Grand Blanc, MI, Davison, MI, Orion, MI.
6 suburbs are currently priced higher than the city of Flint.
Rent growth in Flint 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, Flint average rent prices appear to be relatively affordable for local residents.
The price for a Flint 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 Flint and surrounding area rent prices, take a look at the complete data set below.
| 1 BR April | 1 BR M/M % Change | 2 BR April | 2 BR M/M % Change | |
|---|---|---|---|---|
| Flint, MI | $664.0 | 0.76% | $763.0 | 0.93% |
| Waterford, MI | $912.0 | 0.11% | $1,261.0 | 0.72% |
| Grand Blanc, MI | $932.0 | -0.11% | $1,095.0 | -3.61% |
| Davison, MI | $747.0 | 0.00% | $970.0 | 0.00% |
| Lapeer, MI | $1,026.0 | 2.50% | $1,398.0 | 0.22% |
| Orion, MI | $991.0 | 0.00% | $1,269.0 | 0.00% |
| Lake Orion, MI | $1,118.0 | 2.57% | $1,349.0 | -5.66% |
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.