Midland, MI has a population of 41,958, while the median age is 39. The household income in Midland, MI is around $58,910. The homeownership rate among the residents is 64%. The median residential property value in Midland, MI that you should keep in mind is $144,000.
|Number Of Employees||19,110|
|Median Property Value||$144,000|
Over the Dec 2022, the average rent for an apartment in/near Midland, MI decreased by 9.4% to $1,227.
The average price for a rental studio in Midland, MI has remained the same as last month and equals $1,000. Breaking it down in details, we now see that the average price for 1-bed apartment stands at $575 with no changes this month. Pricing for 2-bed apartment also decreased by 36.7% and a place of this size will now cost you $1,075. 3-bed apartment rent pricing starts at $1,457, it increased by 16.6% 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 $1,950 for a big-family home.
|Rent Type Price||Dec||vs Last Month|
|Houses for rent||$1,227||-11.7%|
Looking at the median rent price for an apartment in Midland, MI, you can note that it remains flat with a price tag of $1,540. Statistics show that house rent price decreased by 11.7% this month making it up to $1,227. Condo for rent is now available for the same pricing as previously — $1,697. An average duplex is now available for $1,100, cause median rent for a duplex remains the same this month.