Berkley, MI Rental Market Trends
The average rent for an apartment in Berkley is $921, a 4% increase compared to the previous year, when the average rent was $888.
Average Rent in Berkley, MI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$921||4%||553 sq. ft.|
The average size for a Berkley, MI apartment is 553 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Berkley, MI Apartment Rent Ranges
Berkley, MI Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
2,808 or 42% of the households in Berkley, MI are renter-occupied while 3,835 or 57% are owner-occupied.
Berkley, MI Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Berkley Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Berkley rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!