Palmer Park, Detroit, MI Rental Market Trends
What is the average rent in Palmer Park?
The average rent for an apartment in Palmer Park is $1,055. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Palmer Park, Detroit, MI
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,055 | 886 sq. ft. |
What is the average apartment size in Palmer Park, Detroit, MI?
The average size for a Palmer Park, Detroit, MI apartment is 886 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.
Palmer Park, Detroit, MI apartment rent ranges
Palmer Park, Detroit, MI Occupied Housing Units
2,133 or 41% of the households in Palmer Park, Detroit, MI are renter-occupied while 3,066 or 59% are owner-occupied.
Palmer Park, Detroit, MI rent trends
Average Rent in Detroit, MI By Neighborhood
| City | Average Rent |
|---|---|
| Downtown Detroit | $1,811 |
| Jeffries | $1,495 |
| Lower Woodward | $1,425 |
| Lower East Central | $1,387 |
| Middle East Central | $1,382 |
| Middle Woodward | $1,344 |
| Belle Isle | $1,343 |
| Butzel - Indian Village | $1,343 |
| Kettering | $1,340 |
| Rosa Parks | $1,313 |
| Harper Woods | $1,242 |
| Chandler Park | $1,215 |
| Jefferson - Mack | $1,215 |
| Hamtramck | $1,214 |
| Upper East Central | $1,214 |
| East Riverside | $1,211 |
| Foch | $1,211 |
| St. Jean | $1,210 |
| McNichols | $1,119 |
| Palmer Park | $1,055 |
| Bagley | $991 |
| Pembroke | $991 |
| Harmony Village | $954 |
| Highland Park | $945 |
| Cerveny - Grandmont | $897 |
| Greenfield | $897 |
| Brooks | $877 |
| Mackenzie | $870 |
| Durfee | $862 |
| Cody | $857 |
| Rouge | $857 |
| Evergreen | $848 |
| Redford | $844 |
| Rosedale | $838 |
| Brightmoor | $820 |
| State Fair - Nolan | $806 |
| Airport | $782 |
| Winterhalter | $757 |
| Grant | $695 |
| Mt. Olivet | $695 |
| Pershing | $695 |
| Springwells | $590 |
| Vernor - Junction | $590 |
| West Riverfront | $590 |
| Chadsey | $544 |
| Condon | $544 |
| Tireman | $544 |
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What are the most affordable neighborhoods in Detroit?
The most affordable neighborhoods in Detroit are Chadsey, where the average rent goes for $544/month, Condon, where renters pay $544/mo on average, and Tireman, where the average rent goes for $544/mo. If you’re looking for other great deals, check out the listings from Springwells ($590), Vernor - Junction ($590), and West Riverfront ($590), where the asking prices are below the average Detroit rent of $1,342/mo.
What are the most expensive neighborhoods in Detroit?
The most expensive neighborhoods in Detroit are Lower Woodward ($1,425), Jeffries ($1,495) and Downtown Detroit ($1,811).
What are the most popular neighborhoods in Detroit?
The most popular neighborhood in Detroit is Lower Woodward, where there are 26 listings with an average rent of $1,425. Next up is Downtown Detroit, where apartments go for $1,811/month, followed by Middle Woodward with $1,344 If you’re looking to rent in Detroit’s most popular neighborhoods, make sure to also check out Lower East Central, where renters pay $1,387 on average, and Vernor - Junction, where the average monthly rent is $590.
Detroit | Rent Comparison by Neighborhood
Rent in Palmer Park is 35% higher than in Airport
$1,055
Palmer Park rent is the same as Detroit average
Average Rent
$1,055
$782
Airport rent is 26% lower than Detroit average
Average Rent
$782
How Detroit Compares to Other Cities
| State | Average Rent |
|---|---|
| Ann Arbor | $2,089 |
| Detroit | $1,342 |
| Grand Rapids | $1,525 |
| East Lansing | $1,728 |
| Lansing | $1,175 |
| Southfield | $1,343 |
| Kalamazoo | $1,249 |
| Farmington Hills | $1,417 |
| Westland | $1,113 |
| Walker | $1,445 |
| Ypsilanti | $1,509 |
| Troy | $1,548 |
| Sterling Heights | $1,249 |
| Royal Oak | $1,482 |
| Taylor | $1,102 |
| Ferndale | $2,226 |
| Southgate | $1,133 |
| Warren | $1,077 |
| Oak Park | $1,227 |
| Dearborn | $1,664 |
| Livonia | $1,378 |
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