Please provide a location to search for

Apartments for Rent in Detroit, MI under $500 – 5 Rentals available

  • Apartment
    2631 Central Avenue, Detroit, MI 48209
    $475 - $650
    • Studio-1 Bed
    • 1 Bath
    Central Management Services
    Available Today! Last updated 07/16/2019
    (248) 571-5083
  • Apartment
    2625 Central Avenue, Detroit, MI 48209
    $500 - $650
    • Studio-1 Bed
    • 1 Bath
    Central Management Services
    Available Today! Last updated 07/16/2019
    (248) 571-5083

Popular Searches

Detroit, MI Demographics

  • Total Population679,865
  • Female 321,341
    Male 358,524
  • Median Age34.7

Average Rent in Detroit, MI

  • Detroit, MI Average Rental Price, July 2019$1,047/mo

Detroit, MI Apartment Rent Ranges

  • < $5002%
  • $501-$70030%
  • $701-$1,00029%
  • $1,001-$1,50022%
  • $1,501-$2,00012%
  • > $2,0005%

Detroit, MI Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Sept / 2018 Jul / 2019
Detroit, MI $883 $905 $930 $940 $961 $979 $989 $987 $1,028 $1,047
National $1,313 $1,342 $1,344 $1,348 $1,377 $1,378 $1,386 $1,420 $1,425 $1,432
/

Average rent is projected to grow by 3% in 2019 compared to 2018.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from the following zip codes: 48201482024820348204482054820648207482084820948210482114821248213482144821548216482174821948221482234822448225482264822748228482304823348234482354823648238482394824048243

Check out the average rent prices in Detroit by neighborhood.

Detroit, MI Households

  • Total Number of Households258,471
  • Family 142,594
    Non-family 115,877
  • Children 77,968
    No Children 180,503
  • Average People Per Household2.58
  • Median Household Income$27,838
  • Median Housing Costs Per Month$698

Detroit, MI Education Statistics

  • No High School5%
  • Some High School48%
  • Some College28%
  • Associate Degree6%
  • Bachelor Degree8%
  • Graduate Degree5%