Detroit, Michigan is a part of the Detroit-Warren-Dearborn, MI metropolitan area, and contains 46 zip codes, including: 48227, 48244, 48210, 48269, 48219, and 48208.
The 2019 average effective rent for Class A, B, and C apartments in the Detroit, MI metropolitan area was $1,021, which is 20.12% lower than 2014 average rent. This represents a compounded annual growth rate of 3.73%. 2019 vacancy in Detroit, MI was 3.30%.
The total population of the city of Detroit, MI has decreased 5.76% since 2010. As of 2018, the population was 672,662. The median household income of the Detroit was $29,481, which is 51.10% lower than the national average.