Median rent for residential apartments in Berkley, MI as of Oct, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
12 Berkley, MI, USA apartments for rent
Berkley
Berkley, MI has a population of 15,269, while the median age is 37. The household income in Berkley, MI is around $77,772. The homeownership rate among the residents is 81%. The median residential property value in Berkley, MI that you should keep in mind is $172,800.
| Population | 15,269 |
| Median Age | 37.3 |
| Poverty Rate | 6% |
| Household Income | $77,772 |
| Number Of Employees | 8,931 |
| Median Property Value | $172,800 |
Housing Trends
How much is an apartment in Berkley, MI, USA
Average apartment rent in Berkley: $2,365 (+20.7%)
| Rent Price | Oct | vs Last Month |
|---|---|---|
| 1-bed apartments | $450 | N/A |
| 2-bed apartments | $2,267 | +37.4% |
| 3-bed apartments | $2,350 | -8.4% |
| 4+ bed apartments | $2,750 | N/A |
Over the Oct 2022, the average rent for an apartment in/near Berkley, MI increased by 20.7% to $2,365.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $450 with no changes this month. Pricing for 2-bed apartment also increased by 37.4% and a place of this size will now cost you $2,267. 3-bed apartment rent pricing starts at $2,350, it decreased by 8.4% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,750 for a big-family home.
| Rent Type Price | Oct | vs Last Month |
|---|---|---|
| Apartments for rent | $450 | N/A |
| Houses for rent | $2,272 | -2.8% |
| Condos for rent | $3,200 | N/A |
Looking at the median rent price for an apartment in Berkley, MI, you can note that it remains flat with a price tag of $450. Statistics show that house rent price decreased by 2.8% this month making it up to $2,272. Condo for rent is now available for the same pricing as previously — $3,200.