Dearborn, Michigan is a part of the Dearborn/Dearborn Heights Submarket submarket area, and contains 6 zip codes: 48124, 48128, 48120, 48126, 48121, and 48123.
The 2019 average effective rent for Class A, B, and C apartments in the Dearborn, MI submarket area was $995, which is 16.51% lower than 2014 average rent. This represents a compounded annual growth rate of 3.10%. 2019 vacancy in Dearborn, MI was 2.40%.
The total population of the city of Dearborn, MI has decreased 3.89% since 2010. As of 2018, the population was 94,333. The median household income of the Dearborn was $52,498, which is 12.93% lower than the national average.