According to our most recent national Rent report, Detroit ranked as the 98th most expensive, or 3rd most affordable, city to rent in the nation. One bedroom prices jumped 5.7% to $560 last month, while two bedrooms grew 5% to $630.
(Note: this map is interactive so use the zoom feature and hover over the legend for more info)
This spring, the Central Business District, Lower East Central, and Near East Riverfront area was the most expensive place to rent in Detroit with one bedrooms priced at a median of $950. Corktown ($900), University ($875), and Jeffries ($825) were the next priciest neighborhoods. More affordable rentals, priced around $550, could be found in Brightmoor, Denby, and Rosedale.
On the other end of the cost spectrum, Chadsey – Condo, Finney, and Greenfield were the least expensive areas to rent.
If you want to see how Detroit’s rent compares with the rest of the nation’s, check out our National Rent Report for April, which analyzes over 1 million active listings available in the prior month.
To keep up to date with rent changes across the country, like or follow Zumper on Facebook, Twitter, Pinterest, and Instagram. In the market for a new place? Search all apartments for rent in Detroit on Zumper now.
For a more in-depth look into how and why we calculate our rental data, check out our methodology post here.
The post Detroit Neighborhood Rent Prices Mapped This Spring 2018 appeared first on The Zumper Blog.
This post first appeared on The Zumper Blog | Rental Market Trends, Real Estat, please read the originial post: here