Wixom, MI Rental Market Trends
Highlights
The average rent for an apartment in Wixom is $758, a 5% increase compared to the previous year, when the average rent was $720.
Average Rent in Wixom, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $758 | 5% | 708 sq. ft. |
The average size for a Wixom, MI apartment is 708 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.
Wixom, MI Apartment Rent Ranges
- $501-$70044%
- $701-$1,00052%
- $1,001-$1,5004%
Wixom, MI Occupied Housing Units
- Renter-occupied Households46%
- Owner-occupied Households53%
2,890 or 46% of the households in Wixom, MI are renter-occupied while 3,339 or 53% are owner-occupied.
Wixom, MI Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Apr / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Wixom, MI | $651 | $670 | $672 | $666 | $666 | $720 | $722 | $751 | $758 |
| National | $1,337 | $1,369 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 |
How Wixom Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Detroit | $1,071 | 3% |
| Grand Rapids | $1,082 | 5% |
| East Lansing | $1,281 | 2% |
| Lansing | $872 | 3% |
| Ann Arbor | $1,582 | 4% |
| Southfield | $1,100 | 6% |
| Farmington Hills | $1,163 | 3% |
| Pontiac | $839 | 4% |
| Canton | $1,145 | 2% |
| Sterling Heights | $942 | 3% |
| Wixom | $758 | 5% |
For more information about the Wixom 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!