New Baltimore, MI Rental Market Trends
Highlights
The average rent for an apartment in New Baltimore is $812, a 3% increase compared to the previous year, when the average rent was $788.
Average Rent in New Baltimore, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $812 | 3% | 976 sq. ft. |
The average size for a New Baltimore, MI apartment is 976 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.
New Baltimore, MI Apartment Rent Ranges
- $501-$7003%
- $701-$1,00089%
- $1,001-$1,5008%
New Baltimore, MI Occupied Housing Units
- Renter-occupied Households25%
- Owner-occupied Households74%
1,138 or 25% of the households in New Baltimore, MI are renter-occupied while 3,367 or 74% are owner-occupied.
New Baltimore, MI Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| New Baltimore, MI | $745 | $747 | $756 | $772 | $772 | $788 | $798 | $818 | $812 |
| National | $1,347 | $1,379 | $1,381 | $1,384 | $1,420 | $1,429 | $1,433 | $1,469 |
How New Baltimore Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Detroit | $1,075 | 4% |
| East Lansing | $1,281 | 2% |
| Grand Rapids | $1,080 | 4% |
| Lansing | $868 | 2% |
| Ann Arbor | $1,582 | 5% |
| Sterling Heights | $949 | 3% |
| Eastpointe | $665 | 4% |
| Roseville | $793 | 4% |
| Mount Clemens | $771 | 2% |
| Harper Woods | $894 | 2% |
| New Baltimore | $812 | 3% |
For more information about the New Baltimore 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!