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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

New Baltimore, MI Rental Market Trends

Highlights

The average rent for an apartment in New Baltimore is $841, a 4% increase compared to the previous year, when the average rent was $812.

Average Rent in New Baltimore, MI

Last updated January 2021
Average Rent Y-o-Y Change Average Apartment Size
$841 4% 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 Households29%
  • Owner-occupied Households70%

1,390 or 29% of the households in New Baltimore, MI are renter-occupied while 3,315 or 70% are owner-occupied.

New Baltimore, MI Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Jan / 2021
New Baltimore, MI $772 $772 $788 $798 $818 $812 $811 $823 $841
National $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
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Access comprehensive real estate data and information on Yardi Matrix

How New Baltimore Compares to Other Cities

Average Rent Y-o-Y Change
Grand Rapids $1,138 5%
Ann Arbor $1,582 n/a
Detroit $1,091 2%
East Lansing $1,306 2%
Lansing $908 4%
Rochester Hills $1,201 2%
Royal Oak $1,131 6%
Sterling Heights $999 5%
Warren $842 2%
Troy $1,297 2%
New Baltimore $841 4%

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!

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all New Baltimore apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.