Melvindale, MI Rental Market Trends
The average rent for an apartment in Melvindale is $769, a 11% increase compared to the previous year, when the average rent was $695.
Average Rent in Melvindale, MI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$769||11%||672 sq. ft.|
The average size for a Melvindale, MI apartment is 672 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.
Melvindale, MI Apartment Rent Ranges
Melvindale, MI Occupied Housing Units
- Renter-occupied Households39%
- Owner-occupied Households60%
1,478 or 39% of the households in Melvindale, MI are renter-occupied while 2,256 or 60% are owner-occupied.
Melvindale, MI Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Melvindale Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Melvindale rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!