The average monthly rent of apartments in Ypsilanti, MI is $1,390.
The average monthly rent of apartments in Ypsilanti, MI is $1,390.
About 22% of apartment rents in Ypsilanti, MI range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 10% of apartments. Around 45% of Ypsilanti’s apartments are in the $1,001-$1,500 price range. 23% of apartments are priced between $701-$1,000.
Compared to the national average rent of $1,706, the average rent in Ypsilanti, MI is $1,390.
Prices and availability in Ypsilanti, MI were last updated on 2 Oct 2022.
The average rent in Ypsilanti, MI is $1,390. Start your search for apartments in Ypsilanti, MI now.
The price range for a studio apartment in Ypsilanti, MI is between $350 and $1,500. View all studio apartments in Ypsilanti, MI.
The price range for a 1-bedroom apartment in Ypsilanti, MI is between $350 and $3,021. Browse all available 1-bedroom apartments in Ypsilanti, MI now.
The price range for a 2-bedroom apartment in Ypsilanti, MI is between $350 and $3,681. Browse and find a 2-bedroom apartment in Ypsilanti, MI.
The price range for a 3-bedroom apartment in Ypsilanti, MI is between $915 and $1,800. Browse all available 3-bedroom apartments in Ypsilanti, MI.
In Ypsilanti, 66% of the residents are renting compared to 34% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Ypsilanti’s rentals, 75% are small-scale complexes with under 50 units, and 14% are single-family rentals.
The average age of rental buildings in Ypsilanti is 44 years old, with 10% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 87% are garden-style apartment communities, 11% are mid-sized buildings, and 2% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Studio apartments in Ypsilanti are around 2% of rentals, while 1-bedroom floor plans represent 43% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 49% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Ypsilanti, a small college town in Michigan, is often overshadowed by its glitzier neighbor, Ann Arbor, but it has plenty to offer. With its diverse community, vibrant restaurant scene and rich history, this Detroit suburb has a cost of living below the national average. Although Ypsilanti is less affordable than the rest of the state, it remains one of the best places to rent a place in this part of Michigan. Michigan winters may have the well-earned reputation to be brutal, but Ypsilanti stays vibrant year-round thanks to its tight-knit community and the presence of Eastern Michigan University. With plenty of festivals and parks to explore, it is a great place to raise a family and enjoy a quiet life while being staying close to the excitement of Ann Arbor and Detroit.
Most people living in Ypsilanti are renters. The city comprises a mix of apartment communities, mostly located in the northern part of town around the university campus, which happens to be the most affordable neighborhood, as well as single-family homes. The historic downtown area, which includes many older properties built in the 1850s, offers a display of beautiful examples of Greek Revival, Queen Anne and Italianate architecture, both residential and commercial. According to Michigan laws, landlords must collect a security deposit for a maximum amount equivalent to 1.5 times the monthly rent. They are required to return it to the renters within 30 days of the move-out date, minus any damages.
Ypsilanti, MI has a population of 20,792 according to the most recent data from the U.S. Census Bureau. 10,054 of Ypsilanti’s residents are women and 10,738 are men. The median age of those who live in Ypsilanti, MI is 24.8.
Due to its proximity of Ann Arbor, shopping options are relatively limited within the city borders of Ypsilanti. However, renters can still find many essentials without dealing with the short drive to Ann Arbor. Grocery shopping can be accomplished by visiting Kroger or Aldi, both of which have several locations in town, or Save A Lot for a budget option. Ypsilanti also offers a remarkable variety of ethnic stores, including Latin American, Asian and Caribbean options. The historic downtown area offers wonderful shopping options, with antique malls and quirky boutiques perfect for strolling. Ypsilanti has several strip malls featuring a mix of national brands and local stores. The town also features two weekly Farmer’s Markets for locally grown produce and artisan fare.
According to U.S. Census data, there are 8,018 households in Ypsilanti, MI. 2,728 are family households and 5,290 are non-family households. There are 1,332 households with children in Ypsilanti and 6,686 households without children. On average, about 2.22 people live in a household in Ypsilanti, MI.
Ypsilanti is a relatively compact town and is quite walkable, especially in the areas surrounding the university campus and historic downtown. Biking is also an attractive option, whether you are commuting to Ann Arbor or running errands in Ypsilanti, with many bike lanes, especially in West Michigan, West Cross and Forest neighborhoods. However, the typical Michigan weather can be a challenge in the winter, when freezing temperatures and heavy snowfalls are common. Ypsilanti is part of the Ann Arbor Transportation Authority (AATA), which serves both Ann Arbor and Ypsilanti, with multiple bus routes throughout the town. Despite Ypsilanti’s ongoing efforts to bring a rail option to the city, renters need to rely on cars to reach further destinations, including nearby Detroit, which is a 40-minute drive away. Car rental and ridesharing services are also available in the area.
The level of education of the population of Ypsilanti, MI is as follows: 2% have no high school education, 21% completed some high school, 26% partially completed college, 8% have an Associate Degree, 25% have a Bachelor Degree, and 18% have a Graduate Degree.
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