Average Rent in Birmingham, MI

Home  »  MI  »  Birmingham  »  Birmingham

Current Versus Historical Birmingham, MI Rents

Birmingham rentals average $2,815 for a 1-bedroom rental to $8,900 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $225 (-6.67%) year-over-year from $3,375 to $3,150. 1-bedroom rentals prices have increased by $230 (15.64%) year-over-year from $1,469 to $1,699. 2-bedroom rentals prices have increased by $259 (10.93%) year-over-year from $2,366 to $2,625. 3-bedroom rentals prices have decreased by $732 (-18.15%) year-over-year from $4,032 to $3,300. 4-bedroom rentals prices have increased by $4,571 (71.10%) year-over-year from $6,429 to $11,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 2.58% this month. 1-bedroom rents have gone down by 5.42% this month. 2-bedroom rents have gone down by 2.78% this month. 3-bedroom rents have gone up by 4.27% this month. 4-bedroom rents have gone up by 4.76% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.42 $1,699 $1,469 (15.64%) $1,288 (31.88%)
2 BR $2.38 $2,625 $2,366 (10.93%) $2,638 (-0.47%)
3 BR $2.21 $3,300 $4,032 (-18.15%) $3,322 (-0.65%)
4+ BR $3.90 $11,000 $6,429 (71.10%) $6,567 (67.51%)

Historical Rents in Birmingham, MI

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Birmingham

There are a total of 2 cities nearby Birmingham. The average rent in Birmingham is currently $2,550 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Royal Oak, MI, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Birmingham, MI is Birmingham, MI. Monthly rents here are on average $3,000 per month.

Let's compare Birmingham, MI's rent against other top cities nearby by bedroom size. One bedrooms are about 29.84% more expensive. Two bedrooms in Birmingham, MI are about 20.59% more expensive. Finally, rent for three bedrooms are about 17.19% more expensive. Want more information? Check out the top 2 cities near Birmingham, MI in the following chart.
City Studio 1 Bed 2 Bed All
Royal Oak, MI N/A $1,135 $1,750 $2,100
Birmingham, MI N/A $2,815 $2,975 $3,000

Top Neighborhoods Near Birmingham



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Birmingham

The average rent for rentals in these counties is $2,550. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Royal Oak, MI. It's average rent per month is $2,100. Vice versa, with an average rent of $3,000, Birmingham, MI is the most expensive county by Birmingham, MI.

In comparison, rent for one bedroom listings in Birmingham, MI is 29.84% more expensive than other counties nearby. Finally, rent for two bedrooms in Birmingham, MI is 20.59% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Royal Oak, MI N/A $1,135 $1,750 $2,100
Birmingham, MI N/A $2,815 $2,975 $3,000

Top Zipcodes Near Birmingham

There is one zipcode in or near Birmingham, MI. The average rent for this zipcode is $3,000.

The following chart includes the zipcode in or near Birmingham, MI. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
48009, Birmingham, MI N/A $2,815 $2,975 $3,000

Frequently Asked Questions - Birmingham Average Rents

What is the average rent price in Birmingham, MI?
The average monthly rental price for Birmingham, MI apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Birmingham, MI rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Birmingham, MI.
How much is a studio apartment in Birmingham, MI?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Birmingham.
How much is a one bedroom apartment in Birmingham, MI?
The average monthly rental price for one bedroom apartments is $2,815 and an average price per square feet of $3.42. There are a total of 13 one bedroom apartment listings currently available for rent in Birmingham.
How much is a two bedroom apartment in Birmingham, MI?
The average monthly rental price for two bedroom apartments is $2,975 and an average price per square feet of $2.38. There are a total of 21 two bedroom apartment listings currently available for rent in Birmingham.
How have rent prices in Birmingham, MI changed this year?
Rent prices for rentals in Birmingham, MI can fluctuate yearly. Specifically, studio rental prices have changed by -0.07%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by -0.18% year-over-year.
What is a reasonable rent price in Birmingham, MI?
A reasonable rent price in Birmingham, MI is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast