Known as the Motor City, Detroit is a real American metropolis. Like many places, the city was hard hit by the 2008 financial crisis, but today Detroit is back on its feet! In fact, it’s even becoming a hipster enclave in some areas. Detroit is resilient and has something to offer everyone.
|Number Of Employees||249,478|
|Median Property Value||$51,600|
Located on the Great Lakes, Detroit is the largest city in Michigan and the fourth largest in the Midwest. The Detroit port is a major commerce hub and the Detroit International Airport is one of the most transport hubs in the country. The Ambassador Bridge connects Detroit to the neighboring Canadian City of Windsor, so it’s easy to take a day trip! And of course, it’s a great city for hockey fans — home of the Detroit Redwings.
Central parts of Detroit are gentrifying — and there’s a booming in the arts, especially in the music scene. There are tons of music festivals annually, including the Detroit International Jazz Festival, Detroit Electronic Music Festival, the Motor City Music Conference (MC2), Urban Organic Music Conference, Concert of Colors, and hip-hop Summer Jamz. The world-famous Motown label is also based out of Detroit. The Detroit Symphony Orchestra plays at Orchestra Hall and there are several other major theatres in Detroit, including the Fox Theatre (5,174 seats), Music Hall (1,770 seats), the Gem Theatre (451 seats), Masonic Temple Theatre (4,404 seats), the Detroit Opera House (2,765 seats), the Fisher Theatre (2,089 seats), and The Fillmore Detroit (2,200 seats). Music and theater fans will want to search for apartments for rent near downtown, which has easy access to most venues.
Detroit was hard hit by the financial crisis, but the city’s economy has been recovering steadily since 2010. Historically, the auto industry was the backbone of Detroit’s economy, and while Detroit remains the capital of U.S. auto manufacturing, there are also other exciting new sectors such as life sciences and information technology that have been growing in recent years. The Detroit metropolitan area is the second largest source of engineering and architecture jobs in the United States, in addition to having one of the largest annual R&D expenditures. The largest employers in Detroit are the Ford Motor Company, General Motors, Chrysler LLC, Detroit Public Schools, University of Michigan, University of Michigan Public Health System, and the U.S. Postal Service. Luckily, apartments for rent in Detroit remain affordable even though the economy has been growing in recent years.
Numbers claim that the employment rate in Detroit, MI changed by 2%, so let’s see what are the most common job groups in this area. People of Detroit, MI prefer to work in Administrative, Production and Sales.
Keeping in mind that the employment rate changed by 2% recently, there must be a strong understanding of industries people of Detroit, MI work in. The most common industries are Healthcare & Social Assistance, Manufacturing and Retail trade. Please note that not all the residents of Detroit, MI work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
There are lots of cool little eateries in Detroit, offering their own unique dishes. Roast in Downtown is a meat-centric joint with lots of cool items on the menu — but the Roast Beast is especially recommended. Wings fan? Then you can’t miss the Sweetwater Tavern, they marinate their wings in a secret recipe overnight. Bert’s in the Eastern Market is the place to go for BBQ ribs. For something really off the beaten path — try the crybaby potato donuts at Rose’s fine foods.
Detroit used to be ethnically and racially diverse city until the 1970’s when economic recession killed the notorious Detroit automobile industry. After that white middle-class fled to the prosperous suburbs, while the Black population remained in the impoverished city core. Detroit is one of the most segregated cities and city with the least amount of immigrants and foreign-born residents.
According to latest census, Detroit, MI is a home for 80% black residents. The second common group is white with 10% residents. The list of the most common racial or ethnic groups is closed by latino with 7% residents.
Past year Detroit, MI universities awarded around 32,901 degrees. Statistics show that the population of students in Detroit, MI include 4,529 male students and 7,658 female students. Detroit, MI offers private and public tuition with a median cost of $39,882 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Wayne State University with the majority of graduates. The Wayne County Community College District and University of Detroit Mercy hold the second and the third place respectively. The share of the public colleges in Detroit, MI is 82.7% and 17.3% go to the private colleges.
The age groups that most likely have the health care coverage in Detroit, MI are 6-17 years old for men and 6-17 years old for women. Detroit, MI offers a 66 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 64 to 1, speaking of mental health doctors ratio, it’s 239 to 1 resident.
Comerica Park, Motown Museum, Guardian Building, Ford Piquette Avenue Plant, Detroit Riverfront, Ford Field, Fisher Building, Greektown, Campus Martius Park, Joe Louis Arena, Mexicantown.
Detroit’s nightlife has plenty to offer, whether you’re looking to grab a few beers after work with the guys, or party the night away to great EDM and techno music. 220 & Edison’s is the spot for young professionals looking to network, located in the historical Edison building. For a truly elegant experience check out the Got Rocks Diamond Crown Cigar Lounge — featuring great DJs, a chophouse menu, sensual ambiance, and, of course, cigars. For live music, check out Small’s, a cozy venue located in an old bank building. Party animals should look for apartments for rent in the downtown and midtown areas.
Cars are your best option in Detroit, However, there are public transportation options. Be sure to check out the Detroit People Mover — an elevated train which offers service all around the city. Bus routes are also offered. Try to look for apartments in Detroit with easy parking and freeway access.
The workers of Detroit, MI traveled to their offices around 25.65 minutes lately and drove alone to get there. The rest of the residents carpooled and used public transit.
|Rent Price||Apr||vs Last Month|
|1 bed rentals||$1,517||+19.7%|
|2 bed rentals||$2,173||-44.9%|
|3 bed rentals||$2,480||-60.1%|
|4+ bed rentals||$5,051||-66.8%|
Over the Apr 2022, the average rent for an apartment in/near Detroit, MI decreased by 58.9% to $2,409.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,517 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $2,173. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,480. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $5,051 for a big-family home.
|Rent Type Price||Apr||vs Last Month|
Looking at the median rent price for an apartment in Detroit, MI, you can note that it remains flat with a price tag of $1,874. The median rent for a house is still $2,390 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $2,936. The median rent for a loft did not face significant changes this time, it now still goes for $1,850. If you’re looking for a room, the price tag still starts at $625. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $1,370.
Rent is relatively affordable in Detroit, especially if you’re looking at houses, so you can look all over town regardless of your budget — however, it’s probably best to avoid the East Side — apartments in this district are cheaper, but the area is still feeling the effects of the economic downturn (though Osborn is an exception). Students will want to check out off-campus apartments for rent near the University of Detroit Mercy of Wayne State University — you can apply together with your roommates online. Be sure to get all the amenities you need — use the search filters to find a place with a doorman, in-unit washer, balcony, parking — or anything else you want. Looking for different kinds of listing? Search thousands of long-term Detroit townhouses and homes for rent. Filter by property type. Search 2, 3 and 4 bedroom properties for rent in Detroit. Want to search wider? See more apartments in Michigan for rent.
Got fur babies? We’ve got you covered, choose from hundreds of pet-friendly apartments in Detroit for rent.
This is Detroit’s revitalized center, full of retail, dining and entertainment options in addition to luxury apartments for rent. For a delicious, handcrafted coffee be sure to check out the Ashe Supply Co. Most of Detroit’s theaters are downtown as well. Apartments in Downtown start around $700.
Located near the University of Detroit-Mercy, students will want to check out apartments for rent in Mcnichols. This Detroit neighborhood is known for its beautiful historic architecture and abundance of art galleries. Apartments in Mcnichols for rent are affordable, you can even find the occasional 3 bedroom for $600.
This gentrifying East Side neighborhood is a great choice for those looking for single family houses. This family-friendly hood has lots of parks, which are great for kids to play in. It’s good place to settle long-term.
Located near the midtown area, Rosa Parks is a good neighborhood for those who like to be close to the action. You can see the Hitsville USA museum here, which explores American musical history. There’s also great Chinese take out at Fu Lin.
One of Detroit’s most affluent areas, Rosedale Park is a great place to find upscale apartments and homes for rent. Searching for a place to spend your Sunday? The Detroit Institute of Arts is located nearby. Some of Detroit’s best schools are located in Rosedale Park.
This is the spot for Wayne State University students to find apartments for rent. University is one of Detroit’s oldest neighborhoods, and there are tons of historical buildings here, including the Cathedral Church of St. Paul. When looking for off-campus apartments in Mcnichols for rent, you can apply with your roommates online.
One of Detroit’s most vibrant communities, other Detroit neighborhoods look to Mexicantown for inspiration. Commercial activity and tourism are big here, and of course, there’s great Mexican food. Don’t forget to take a selfie with one of the many murals! You can find amazing long-term apartments for rent in Mexicantown.
They say life is art in Midtown Detroit, and there are major events here year round in addition to lots of art galleries — ArtX Detroit is a particularly popular one. Don’t forget to try a delicious Detroit style pizza while you’re here. Apartments for rent in Midtown are a bit pricier than the Detroit average.
Just west of Downtown, Corktown is close to the action. It’s also one of the oldest neighborhoods in Detroit, some of the buildings here date back to 1840. You can also find lovely Victorian townhouses for rent here.