Ypsilanti, MI Rental Market Trends
Highlights
The average rent for an apartment in Ypsilanti is $1,190, a 1% increase compared to the previous year, when the average rent was $1,173.
Average Rent in Ypsilanti, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,190 | 1% | 872 sq. ft. |
The average size for a Ypsilanti, MI apartment is 872 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.
Ypsilanti, MI Apartment Rent Ranges
- $501-$7003%
- $701-$1,00035%
- $1,001-$1,50046%
- $1,501-$2,00014%
- > $2,0003%
Ypsilanti, MI Occupied Housing Units
- Renter-occupied Households64%
- Owner-occupied Households35%
5,051 or 64% of the households in Ypsilanti, MI are renter-occupied while 2,733 or 35% are owner-occupied.
Ypsilanti, MI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Ypsilanti, MI | $1,064 | $1,065 | $1,104 | $1,124 | $1,153 | $1,173 | $1,174 | $1,196 | $1,190 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
Average Rent in Ypsilanti, MI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Ann Arbor | $1,574 |
| Barton Hills | $1,523 |
| Scio Town | $1,468 |
| Whitmore Lake | $1,448 |
| Dexter | $1,426 |
| Chelsea | $1,394 |
| Manchester | $1,394 |
| Saline | $1,344 |
The most affordable neighborhoods in Ypsilanti are Saline, where the average rent goes for $1,344/month, Chelsea, where renters pay $1,394/mo on average, and Manchester, where the average rent goes for $1,394/mo. If you’re looking for other great deals, check out the listings from Dexter ($1,426), Whitmore Lake ($1,448), and Scio Town ($1,468), where the asking prices are below the average Ypsilanti rent of $1,190/mo.
The most expensive neighborhoods in Ypsilanti are Scio Town ($1,468), Barton Hills ($1,523) and Ann Arbor ($1,574).
The most popular neighborhood in Ypsilanti is Ann Arbor, where there are 68 verified RENTCafé listings with an average rent of $1,574. Next up is Barton Hills, where apartments go for $1,523/month, followed by Chelsea with $1,394 If you’re looking to rent in Ypsilanti’s most popular neighborhoods, make sure to also check out Dexter, where renters pay $1,426 on average, and Manchester, where the average monthly rent is $1,394.
Ypsilanti | Rent Comparison by Neighborhood
Rent in Ann Arbor is 3% higher than in Barton Hills
Ann Arbor rent is 32% higher than Ypsilanti average
| Average Rent | $1,574 |
|---|
Barton Hills rent is 28% higher than Ypsilanti average
| Average Rent | $1,523 |
|---|
How Ypsilanti Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,120 | 4% |
| Ann Arbor | $1,574 | n/a |
| Detroit | $1,088 | 2% |
| East Lansing | $1,306 | 2% |
| Lansing | $895 | 3% |
| Toledo | $749 | 2% |
| Farmington Hills | $1,191 | 2% |
| Canton | $1,180 | 3% |
| Sterling Heights | $999 | 4% |
| Westland | $904 | 4% |
| Ypsilanti | $1,190 | 1% |
For more information about the Ypsilanti 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!