Walled Lake, MI Rental Market Trends
The average rent for an apartment in Walled Lake is $1,231, a 11% increase compared to the previous year, when the average rent was $1,111.
Average Rent in Walled Lake, MI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,231||11%||1,134 sq. ft.|
The average size for a Walled Lake, MI apartment is 1,134 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.
Walled Lake, MI Apartment Rent Ranges
- > $2,0003%
Walled Lake, MI Occupied Housing Units
- Renter-occupied Households51%
- Owner-occupied Households48%
1,826 or 51% of the households in Walled Lake, MI are renter-occupied while 1,728 or 48% are owner-occupied.
Walled Lake, MI Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Walled Lake Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Walled Lake rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!