Dearborn, MI Rental Market Trends
The average rent for an apartment in Dearborn is $1,377, a 4% increase compared to the previous year, when the average rent was $1,321.
Average Rent in Dearborn, MI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,377||4%||991 sq. ft.|
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
- > $2,0008%
Dearborn, MI Occupied Housing Units
- Renter-occupied Households31%
- Owner-occupied Households68%
9,800 or 31% of the households in Dearborn, MI are renter-occupied while 21,097 or 68% are owner-occupied.
Dearborn, MI Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
Average Rent in Dearborn, MI By Neighborhood
|Westwood - Grindley||$899|
|Southwest Outer Drive||$899|
|Golfcrest Country Club Estates||$899|
|Duvall - Edison||$899|
|Springwells - East Townhouse||$1,448|
|Woodworth - Ford||$1,521|
|Fairlane Town Center||$1,521|
The most affordable neighborhoods in Dearborn are Dearborn Hills, where the average rent goes for $899/month, Duvall - Edison, where renters pay $899/mo on average, and Golfcrest Country Club Estates, where the average rent goes for $899/mo. If you’re looking for other great deals, check out the listings from Henry Ford ($899), Snow Woods ($899), and Southwest Outer Drive ($899), where the asking prices are below the average Dearborn rent of $1,377/mo.
The most expensive neighborhoods in Dearborn are Hemlock Blesser ($1,521), Oakman Grove ($1,521) and Woodworth - Ford ($1,521).
The most popular neighborhood in Dearborn is Fairlane Town Center, where there are 1 verified RENTCafé listings with an average rent of $1,521. Next up is Springwells - East Townhouse, where apartments go for $1,448/month, followed by Woodworth - Ford with $1,521 If you’re looking to rent in Dearborn’s most popular neighborhoods, make sure to also check out Dearborn Hills, where renters pay $899 on average, and Duvall - Edison, where the average monthly rent is $899.
Dearborn | Rent Comparison by Neighborhood
Rent in Dearborn Hills is the same as in Duvall - Edison
Dearborn Hills rent is 35% lower than Dearborn average
Duvall - Edison rent is 35% lower than Dearborn average
How Dearborn Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Dearborn rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!