Romulus, MI Rental Market Trends
The average rent for an apartment in Romulus is $896, a 4% increase compared to the previous year, when the average rent was $858.
Average Rent in Romulus, MI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$896||4%||914 sq. ft.|
The average size for a Romulus, MI apartment is 914 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.
Romulus, MI Apartment Rent Ranges
Romulus, MI Occupied Housing Units
- Renter-occupied Households32%
- Owner-occupied Households67%
2,766 or 32% of the households in Romulus, MI are renter-occupied while 5,767 or 67% are owner-occupied.
Romulus, MI Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Romulus Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Romulus rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!