Ypsilanti Historic District renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Ypsilanti Historic District is about $948 per month. This puts it in the 47th percentile compared to the city average cost of rent, which is $1,140. Households in Ypsilanti Historic District have a median income of $4,159 per month so the average renter in Ypsilanti Historic District is spending roughly 23% of their earnings on housing.
Nationally, and in Ypsilanti Historic District, home values are the data point most closely correlated with the cost of rent. The median price of a home in Ypsilanti Historic District is $157,059 right now, which is lower than nearby neighborhoods, meaning that rents in Ypsilanti Historic District also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Ypsilanti Historic District while lower rent rates are often available in southern areas.
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