Rental market snapshot for Grandmont-Rosedale, Detroit
Grandmont-Rosedale rental market summary
The rental market in Grandmont-Rosedale, Michigan is showing signs of growth. In July 2023, there were 42 new listings, indicating that more people are looking for rental properties in the area. The median rent in July 2023 was $950, a 5.0% decrease from the previous month and a 26.9% decrease from the same time last year. This suggests that rental prices are becoming more affordable in Grandmont-Rosedale, making it a more attractive option for renters.
The decrease in median rent is likely due to an increase in the number of rental properties available in the area. With more options to choose from, renters are able to find more affordable housing that meets their needs. This is great news for those looking for a place to call home in Grandmont-Rosedale, as it means they can find a place that fits their budget. With the rental market in Grandmont-Rosedale continuing to grow, it is likely that rental prices will remain affordable in the future.
Median rent for all residential properties in Grandmont-Rosedale
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The most expensive listings and top trending buildings in Grandmont-Rosedale
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 14591 Mettetal St | $1,700 | 4 / 2.0 |
| 14640 Prevost St | $1,300 | 3 / 1.0 |
| 15445 Lindsay St | $1,300 | 3 / 1.0 |
| 13994 Rutherford St | $1,250 | 3 / 1.0 |
| 14384 Asbury Park | $1,250 | 3 / 1.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $600 |
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Bedroom Breakdown in Grandmont-Rosedale
Grandmont-Rosedale neighborhood apartments rents
Uh-oh! Looks like we don't have any data in Grandmont-Rosedale, Michigan, for studios.
The rental market for 1-bedroom apartments in Grandmont-Rosedale, Michigan is expected to remain relatively stable in August 2022, with only one new listing. The median rent for 1-bedroom apartments is expected to remain at $600, which is a good indication that the market is not experiencing any significant changes. However, without data on the median rent in July 2022, it is not possible to determine the exact percent change in rent from July to August 2022.
The rental market for 2-bedroom apartments in Grandmont-Rosedale, Michigan appears to be stable, with only one new listing in May 2023. The median rent for 2-bedroom apartments in May 2023 was $850, indicating that the rental market is not experiencing any significant changes in pricing. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 2-bedroom apartments in Grandmont-Rosedale appears to be stable.