Livonia, MI has a population of 94,708, while the median age is 46. The household income in Livonia, MI is around $74,882. The homeownership rate among the residents is 85%. The median residential property value in Livonia, MI that you should keep in mind is $170,500.
Population | 94,708 |
Median Age | 45.7 |
Poverty Rate | 5% |
Household Income | $74,882 |
Number Of Employees | 48,147 |
Median Property Value | $170,500 |
Rent Price | Dec | vs Last Month |
---|---|---|
1-bed apartments | $1,096 | +14.3% |
2-bed apartments | $1,320 | +5.6% |
3-bed apartments | $1,955 | +24.5% |
4+ bed apartments | $2,500 | +20.7% |
Over the Dec 2022, the average rent for an apartment in/near Livonia, MI increased by 8.6% to $1,730.
The average price for a rental studio in Livonia, MI has remained the same as last month and equals $2,429. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 14.3% to $1,096. Pricing for 2-bed apartment also increased by 5.6% and a place of this size will now cost you $1,320. 3-bed apartment rent pricing starts at $1,955, it increased by 24.5% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 20.7% and made it up to $2,500.
Rent Type Price | Dec | vs Last Month |
---|---|---|
Apartments for rent | $1,605 | -26% |
Condos for rent | $1,997 | +65.3% |
Houses for rent | $1,938 | +18.2% |
Townhouses for rent | $1,000 | +0% |
The median rent for an apartment in Livonia, MI decreased by 26% to $1,605. Statistics show that house rent price increased by 18.2% this month making it up to $1,938. Condos faced an upward trend these days. The median rent for a condo increased by 65.3%, it’s now available for $1,997. An average duplex is now available for $1,150, cause median rent for a duplex remains the same this month. The median rent for a loft did not face significant changes this time, it now still goes for $1,000. Townhouse rent pricing didn’t change, the price still starts at $1,000.