Apartments in Ravendale Detroit

1 - 30 of 70 Results
12
$1,695
4128 Buckingham Ave Detroit, MI
4 BR | Ask for Availability
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Ravendale
House
10
$1,000
Detroit, MI
3 BR | Available Now
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Disability Access
21
$1,000
Detroit, MI
3 BR | Available Now
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Disability Access
10
$1,150
Detroit, MI
2 BR | Available Now
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Indian Village
9
$1,100
Detroit, MI
3 BR | Available Now
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Storage
Disability Access
20
$1,000
Detroit, MI
3 BR | Available Now
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1
$695
Detroit, MI
1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Section 8
LaSalle College Park
27
$1,595
Detroit, MI
3 BR | Available Now
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House
Balcony/Deck/Patio
Storage
Dishwasher
LaSalle College Park
1
$695
Detroit, MI
1 BR | Available Now
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Disability Access
9
$1,450
Detroit, MI
3 BR | Available Now
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House
Balcony/Deck/Patio
Disability Access
Dishwasher
Chalmers Heights
$650
Detroit, MI
3 BR | Ask for Availability
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House
LaSalle College Park
16
$1,100
Detroit, MI
3 BR | Available Now
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LaSalle College Park
1
$895
4740 Alter Rd Detroit, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Disability Access
Chalmers Heights
23
$1,200
Detroit, MI
3 BR | Available Now
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House
11
$1,300
Detroit, MI
4 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Conner Creek Ind
0
$995
Detroit, MI
3 BR | Available Now
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17
$1,350
Detroit, MI
3 BR | Apr. 3, 2024
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House
LaSalle College Park
1
$700
Detroit, MI
Studio | Ask for Availability
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House
1
$1,000
5264 Balfour RD Detroit, MI
2 BR | Ask for Availability
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21
$965
14481 Hazelridge St Detroit, MI
3 BR | Ask for Availability
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House
26
$1,065
15082 Rochelle St Detroit, MI
3 BR | Ask for Availability
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House
2
$675 - 725
13231 E Mcnichols Rd Detroit, MI
1 BR | Available Now
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Air Conditioning
Surface Parking
7
$1,019
Detroit, MI
1 BR | Available Now
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Storage
Millenium Village
8
$1,000 - 1,025
Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Millenium Village
1
$650
Detroit, MI
3 BR | Ask for Availability
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House
14
$850
Detroit, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
14
$1,100
Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
26
$850
Detroit, MI
2 BR | Available Now
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Storage
7
$785
Detroit, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
4
$1,100
Detroit, MI
3 BR | Available Now
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House
Section 8
Surface Parking
Dishwasher
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Detroit:
March Rent Report

Welcome to the March 2024 Detroit Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 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
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Detroit Rent Prices Decrease From February to March

Detroit rent prices decreased over the last month. From February to March, the city experienced a -1.32% decrease for the price of a one-bedroom apartment. The rent price for a Detroit one-bedroom apartments currently stands at $1,342.0.

When we take a look at the two-bedroom comparison from February to March, Detroit experienced a 1.15% increase for the price of a two-bedroom apartment. The rent price for a Detroit two-bedroom apartments currently stands at $1,060.0.

March Prices: Detroit vs. Surrounding Areas

Troy, MI
Detroit, MI
Royal Oak, MI
Southfield, MI
Farmington Hills, MI
Clinton Township, MI
Sterling Heights, MI
Madison Heights, MI
$1,368
$1,360
$1,242
$1,161
$1,151
$1,128
$1,035
$1,005
$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 3 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 Clinton Township, MI, Royal Oak, MI, Sterling Heights, MI .

  • Rent decreased in Farmington Hills, MI, Madison Heights, MI, 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.

March 2024 Pricing Trends: Detroit vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Detroit, MI
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,360
$1,310
$1,235
$1,124
$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 March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Detroit, MI $1,360.0 -0.80% $1,048.0 -1.41%
Farmington Hills, MI $1,151.0 -0.86% $1,579.0 0.19%
Clinton Township, MI $1,128.0 0.89% $1,371.0 2.54%
Madison Heights, MI $1,005.0 0.00% $1,122.0 0.09%
Southfield, MI $1,161.0 -0.17% $1,446.0 -0.96%
Royal Oak, MI $1,242.0 2.22% $1,659.0 5.33%
Troy, MI $1,368.0 -0.73% $1,455.0 -1.49%
Sterling Heights, MI $1,035.0 0.39% $1,376.0 0.29%

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.