Livonia, Michigan is a part of the Novi/Livonia Submarket submarket area, and contains 5 zip codes: 48152, 48153, 48151, 48154, and 48150.
The 2019 average effective rent for Class A, B, and C apartments in the Livonia, MI submarket area was $1,066, which is 12.92% higher than 2014 average rent. This represents a compounded annual growth rate of 2.46%. 2019 vacancy in Livonia, MI was 3.30%.
The total population of the city of Livonia, MI has decreased 3.06% since 2010. As of 2018, the population was 93,971. The median household income of the Livonia was $76,819, which is 27.41% higher than the national average.