Rental market snapshot for Islandview, Detroit
Islandview rental market summary
The rental market in Islandview, Michigan is showing signs of growth. In July 2023, there were 24 new listings, a significant increase from the previous month. The median rent also increased by 31.3% from June to July, reaching $1,700. This is a 3.0% increase from the median rent in July 2022, indicating that the rental market is continuing to grow.
Overall, the rental market in Islandview, Michigan is strong and growing. With more new listings and increasing median rent prices, it is an attractive option for renters looking for a place to call home. The market is expected to continue to grow in the coming months, making it a great time to invest in the rental market in Islandview.
Median rent for all residential properties in Islandview
Get the latest rental data first
The most expensive listings and top trending buildings in Islandview
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
6533 E Jefferson Ave | $3,895 | 2 / 2.0 |
640 E Grand Blvd | $3,150 | 4 / 2.5 |
6533 E Jefferson Ave | $3,000 | 1 / 2.0 |
1747 Canton St | $2,400 | 4 / 2.0 |
6533 E Jefferson Ave | $2,395 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow | $1,095 |
Get the latest rental data first
Bedroom Breakdown in Islandview
Islandview neighborhood apartments rents
The rental market for studios in Islandview, Michigan is showing signs of stability. In May 2023, there were two new studio listings, and the median rent for studios remained relatively unchanged from April 2023, decreasing by only 5.7%. This suggests that the rental market for studios in Islandview is relatively stable, with no major changes in the near future.
The rental market for 1-bedroom apartments in Islandview, Michigan is relatively stable. In May 2023, there was only one new listing, and the median rent was $1,095, which was 7.2% lower than the median rent in April 2023. This suggests that the rental market is not experiencing any significant changes in terms of pricing or availability.
The rental market for 2-bedroom apartments in Islandview, Michigan is relatively stable. In May 2023, there was only one new listing, and the median rent was $1,295, which is a 5.8% decrease from the median rent in April 2023. This suggests that the rental market is not experiencing any significant changes in terms of pricing or availability.