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Average Rent in Warren, MI

Home  »  MI  »  Warren  »  Warren

Current Versus Historical Warren, MI Rents

Warren rentals average $1,400 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $1,325, or roughly $1 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 $598 (-26.03%) year-over-year from $2,298 to $1,700. 1-bedroom rentals prices have increased by $329 (46.47%) year-over-year from $708 to $1,038. 2-bedroom rentals prices have increased by $8 (0.70%) year-over-year from $1,192 to $1,200. 3-bedroom rentals prices have decreased by $25 (-1.75%) year-over-year from $1,425 to $1,400. 4-bedroom rentals prices have increased by $392 (27.81%) year-over-year from $1,408 to $1,800. 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 40.00% this month. 1-bedroom rents have gone down by 7.43% this month. 2-bedroom rents have gone up by 1.77% this month. 3-bedroom rents have gone down by 1.18% this month. 4-bedroom rents have gone up by 13.21% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.29 $1,700 $2,298 (-26.03%) $2,883 (-41.04%)
1 BR $1.19 $1,038 $708 (46.47%) $835 (24.20%)
2 BR $1.45 $1,200 $1,192 (0.70%) $933 (28.57%)
3 BR $1.48 $1,400 $1,425 (-1.75%) $1,198 (16.83%)

Historical Rents in Warren, MI

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Warren

There are a total of 2 cities nearby Warren. The average rent in Warren is currently $1,713 per month. Only one city nearby has an average rent lower than that. Our records show that Detroit, MI, with an average rent of $1,325, is the most affordable city nearby. In contrast, the most expensive city near Warren, MI is Royal Oak, MI. Monthly rents here are on average $2,100 per month.

Let's compare Warren, MI's rent against other top cities nearby by bedroom size. Typically, rent for studios in Warren, MI is 44.64% more expensive than other cities nearby. One bedrooms are about 21.78% more affordable. Two bedrooms in Warren, MI are about 16.67% more affordable. Finally, rent for three bedrooms are about 26.79% more affordable. Want more information? Check out the top 2 cities near Warren, MI in the following chart.
City Studio 1 Bed 2 Bed All
Detroit, MI $1,550 $1,225 $1,200 $1,325
Royal Oak, MI N/A $995 $1,600 $2,100

Top Neighborhoods Near Warren



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

Top Counties Near Warren

The average rent for rentals in these counties is $1,713. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Detroit, MI. It's average rent per month is $1,325. Vice versa, with an average rent of $2,100, Royal Oak, MI is the most expensive county by Warren, MI.

Typically, rent for studios in Warren, MI is 44.64% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Warren, MI is 21.78% more affordable than other counties nearby. Finally, rent for two bedrooms in Warren, MI is 16.67% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Detroit, MI $1,550 $1,225 $1,200 $1,325
Royal Oak, MI N/A $995 $1,600 $2,100

Top Zipcodes Near Warren



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Warren Average Rents

What is the average rent price in Warren, MI?
The average monthly rental price for Warren, MI apartments for rent is approximately $1,325. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Warren, 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 Warren, MI.
How much is a studio apartment in Warren, MI?
The average monthly rental price for studio apartments is $1,400 and an average price per square feet of $1.29. There are a total of 8 studio apartment listings currently available for rent in Warren.
How much is a one bedroom apartment in Warren, MI?
The average monthly rental price for one bedroom apartments is $912 and an average price per square feet of $1.19. There are a total of 2 one bedroom apartment listings currently available for rent in Warren.
How much is a two bedroom apartment in Warren, MI?
The average monthly rental price for two bedroom apartments is $1,200 and an average price per square feet of $1.45. There are a total of 16 two bedroom apartment listings currently available for rent in Warren.
How have rent prices in Warren, MI changed this year?
Rent prices for rentals in Warren, MI can fluctuate yearly. Specifically, studio rental prices have changed by -0.26%, one bedroom rental prices have changed by 0.46%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in Warren, MI?
A reasonable rent price in Warren, MI is around $1,060/month. You can search for these reasonably priced rental listings on RentHop.
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