Burton, MI Rental Market Trends
Highlights
The average rent for an apartment in Burton is $934, a 14% increase compared to the previous year, when the average rent was $819.
Average Rent in Burton, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $934 | 14% | 1,032 sq. ft. |
The average size for a Burton, MI apartment is 1,032 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.
Burton, MI Apartment Rent Ranges
- $501-$70031%
- $701-$1,00036%
- $1,001-$1,50033%
Burton, MI Occupied Housing Units
- Renter-occupied Households35%
- Owner-occupied Households64%
4,098 or 35% of the households in Burton, MI are renter-occupied while 7,411 or 64% are owner-occupied.
Burton, MI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Burton, MI | $793 | $793 | $812 | $813 | $823 | $819 | $865 | $872 | $934 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How Burton Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,138 | 5% |
| Detroit | $1,091 | 2% |
| Ann Arbor | $1,582 | n/a |
| East Lansing | $1,306 | 2% |
| Lansing | $908 | 4% |
| Sterling Heights | $999 | 5% |
| Flint | $672 | 6% |
| Grand Blanc | $889 | 12% |
| Warren | $842 | 2% |
| Fenton | $999 | 1% |
| Burton | $934 | 14% |
For more information about the Burton rental trends, check out our monthly rent report
Check out Michigan Cities, Michigan Neighborhoods and Michigan Zip Codes for more details on verified listings, including the Michigan Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!