Dearborn, MI Rental Market Trends
What is the average rent in Dearborn?
The average rent for an apartment in Dearborn is $1,403, a 2% increase compared to the previous year, when the average rent was $1,377.
Average Rent in Dearborn, MI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,403||2%||991 sq. ft.|
What is the average apartment size in Dearborn?
The average size for a Dearborn, MI apartment is 991 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.
Dearborn, MI Apartment Rent Ranges
- > $2,00011%
Dearborn, MI Occupied Housing Units
- Renter-occupied Households32%
- Owner-occupied Households67%
9,850 or 32% of the households in Dearborn, MI are renter-occupied while 20,746 or 67% are owner-occupied.
Dearborn, MI Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Apr / 2021|
Average Rent in Dearborn, MI By Neighborhood
|Fairlane Town Center||$1,554|
|Woodworth - Ford||$1,554|
|Springwells - East Townhouse||$1,479|
|Duvall - Edison||$895|
|Golfcrest Country Club Estates||$895|
|Southwest Outer Drive||$895|
|Westwood - Grindley||$895|
What are the most affordable neighborhoods in Dearborn?
The most affordable neighborhoods in Dearborn are Dearborn Hills, where the average rent goes for $895/month, Duvall - Edison, where renters pay $895/mo on average, and Golfcrest Country Club Estates, where the average rent goes for $895/mo. If you’re looking for other great deals, check out the listings from Henry Ford ($895), Snow Woods ($895), and Southwest Outer Drive ($895), where the asking prices are below the average Dearborn rent of $1,403/mo.
What are the most expensive neighborhoods in Dearborn?
The most expensive neighborhoods in Dearborn are Hemlock Blesser ($1,554), Oakman Grove ($1,554) and Woodworth - Ford ($1,554).
What are the most popular neighborhoods in Dearborn?
The most popular neighborhood in Dearborn is Fairlane Town Center, where there are 1 verified RENTCafé listings with an average rent of $1,554. Next up is Springwells - East Townhouse, where apartments go for $1,479/month, followed by Woodworth - Ford with $1,554 If you’re looking to rent in Dearborn’s most popular neighborhoods, make sure to also check out Dearborn Hills, where renters pay $895 on average, and Duvall - Edison, where the average monthly rent is $895.
Dearborn | Rent Comparison by Neighborhood
Rent in Dearborn Hills is the same as in Duvall - Edison
Dearborn Hills rent is 36% lower than Dearborn average
Duvall - Edison rent is 36% lower than Dearborn average
How Dearborn Compares to Other Cities
|Average Rent||Y-o-Y Change|