Durand, MI Rental Market Trends
Highlights
The average rent for an apartment in Durand is $672, a 1% increase compared to the previous year, when the average rent was $668.
Average Rent in Durand, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $672 | 1% | 867 sq. ft. |
The average size for a Durand, MI apartment is 867 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.
Durand, MI Apartment Rent Ranges
- $501-$70060%
- $701-$1,00040%
Durand, MI Occupied Housing Units
- Renter-occupied Households49%
- Owner-occupied Households50%
746 or 49% of the households in Durand, MI are renter-occupied while 748 or 50% are owner-occupied.
Durand, MI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Durand, MI | $608 | $608 | $621 | $626 | $642 | $668 | $654 | $658 | $672 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How Durand Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,120 | 4% |
| Detroit | $1,088 | 2% |
| East Lansing | $1,306 | 2% |
| Ann Arbor | $1,574 | n/a |
| Lansing | $895 | 3% |
| Flint | $672 | 6% |
| Grand Blanc | $889 | 12% |
| Okemos | $1,047 | -1% |
| Fenton | $999 | 1% |
| Howell | $1,107 | 3% |
| Durand | $672 | 1% |
For more information about the Durand 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!