Apartments in LaSalle College Park Detroit

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$700
Detroit, MI
3 BR | Ask for Availability
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$600
Detroit, MI
3 BR | Ask for Availability
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$600
Detroit, MI
3 BR | Ask for Availability
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4
$1,100
Detroit, MI
3 BR | Available Now
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Section 8
Surface Parking
16
$1,100
Detroit, MI
3 BR | Available Now
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1
$750
Detroit, MI
1 BR | Available Now
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Storage
Disability Access
$950
Detroit, MI
3 BR | Available Now
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Storage
$1,000
Detroit, MI
2 BR | Available Now
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Chandler Park
18
$1,000
20230 Carrie St Detroit, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
12
$1,100
Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
11
$1,150
14940 E State Fair St Detroit, MI
3 BR | May. 12, 2024
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Dog Friendly
Cat Friendly
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10
$995
Detroit, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
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Regent Park
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Detroit:
May Rent Report

Welcome to the May 2024 Detroit 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 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

$1,500
$1,130
$750
$380
$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

Detroit Rent Prices Decrease From April to May

Detroit rent prices decreased over the last month. From April to May, the city experienced a -0.54% decrease for the price of a one-bedroom apartment. The rent price for a Detroit one-bedroom apartments currently stands at $1,296.0.

When we take a look at the two-bedroom comparison from April to May, Detroit experienced a 2.03% increase for the price of a two-bedroom apartment. The rent price for a Detroit two-bedroom apartments currently stands at $1,107.0.

May Prices: Detroit vs. Surrounding Areas

Troy, MI
Detroit, MI
Royal Oak, MI
Clinton Township, MI
Farmington Hills, MI
Sterling Heights, MI
Southfield, MI
Madison Heights, MI
$1,307
$1,303
$1,250
$1,170
$1,156
$1,142
$1,131
$1,008
$0
$450
$900
$1,350
$1,800
Median 1 BR Rent

Rent Prices in Detroit and Surrounding Areas

Rent prices have decreased 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 5 of the Detroit suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Farmington Hills, MI, Clinton Township, MI, Madison Heights, MI, Royal Oak, MI, Sterling Heights, MI .

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

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

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

May 2024 Pricing Trends: Detroit vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Detroit, MI
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,303
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Detroit Rent Prices More Affordable Than Major Cities

Rent growth in Detroit over the past year has been declining. 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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Detroit, MI $1,303.0 -2.91% $1,085.0 2.36%
Farmington Hills, MI $1,156.0 0.43% $1,587.0 0.57%
Clinton Township, MI $1,170.0 1.65% $1,465.0 3.10%
Madison Heights, MI $1,008.0 0.20% $1,121.0 0.00%
Southfield, MI $1,131.0 -1.22% $1,459.0 1.11%
Royal Oak, MI $1,250.0 0.08% $1,728.0 0.52%
Troy, MI $1,307.0 -3.40% $1,463.0 0.97%
Sterling Heights, MI $1,142.0 4.96% $1,409.0 2.18%

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.