Median rent for residential in as of Apr, 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.
57 Birmingham, MI, USA apartments for rent
Birmingham
Birmingham, MI has a population of 20,836, while the median age is 42. The household income in Birmingham, MI is around $114,537. The homeownership rate among the residents is 75%. The median residential property value in Birmingham, MI that you should keep in mind is $467,700.
| Population | 20,836 |
| Median Age | 41.5 |
| Poverty Rate | 4% |
| Household Income | $114,537 |
| Number Of Employees | 10,795 |
| Median Property Value | $467,700 |
Business & Economy
Wage by Common Jobs
Average salary in Birmingham, MI: $47,210
- 1. Miscellaneous managers$93,683
- 2. Registered nurses$63,564
- 3. Elementary & middle school teachers$55,810
- 4. Firstline supervisors of retail sales workers$46,668
- 5. Driver/sales workers & truck drivers$44,305
Highest Paid Occupations
Numbers claim that the highest paid jobs in Birmingham, MI are Management Occupations, Legal Occupations, Health Diagnosing & Treating Practitioners & Other Technical Occupations, Management, Business, Financial Occupations and Healthcare Practitioners & Technical Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by -1% recently, there must be a strong understanding of industries people of Birmingham, MI work in. The highest paid industries are Real Estate & Rental & Leasing, Manufacturing, Finance & Insurance, Real Estate & Rental & Leasing, Information and Finance & Insurance.
Demographics
Race & Ethnicity
According to latest census, Birmingham, MI is a home for 91% white residents. The second common group is asian with 3% residents. The list of the most common racial or ethnic groups is closed by black with 3% residents.
Non-English Speakers
Education
Past year Birmingham, MI universities awarded around 935,400 degrees. Statistics show that the population of students in Birmingham, MI includes 467,700 female students and 467,700 male students. Birmingham, MI offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The share of the public colleges in Birmingham, MI is n/a and n/a go to the private colleges.
Health and Safety
Primary care physicians in Birmingham, MI see an average of 691 patients, dentists 943 patients, metal health providers 332 patients, and other healthcare providers 990 patients per year.
Transportation
Commute Time
Average travel time: 20.97 minutes
Commuter Transportation
Citizens of Birmingham, MI travel to their offices around 21 minutes lately and drove alone to get there. The rest of the residents worked at home and carpooled.
Housing Trends
How much is an apartment in Birmingham, MI, USA
Average rent in Birmingham: $4,018 (+19%)
| Rent Price | Apr | vs Last Month |
|---|---|---|
| 1 bed rentals | $2,811 | +44.2% |
| 2 bed rentals | $2,879 | -12% |
| 3 bed rentals | $5,577 | +36.6% |
| 4+ bed rentals | $6,490 | N/A |
Over the Apr 2022, the average rent for an apartment in/near Birmingham, MI increased by 19% to $4,018.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $2,811 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $2,879. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $5,577. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $6,490 for a big-family home.
| Rent Type Price | Apr | vs Last Month |
|---|---|---|
| House rentals | $5,094 | +71.9% |
| Condo rentals | $2,391 | -21.6% |
| Loft rentals | $3,620 | -1.1% |
| Apartment rentals | $6,049 | +10.2% |
Looking at the median rent price for an apartment in Birmingham, MI, you can note that it remains flat with a price tag of $6,049. The median rent for a house is still $5,094 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $2,391. The median rent for a loft did not face significant changes this time, it now still goes for $3,620.
Rent vs Own
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