Grand Circus Park Has Highest Average Downtown Detroit Rents
February 21st, 2018, 8:06 AM
Living in downtown Detroit isn't inexpensive, particularly in Grand Circus Park, Robin Runyan of Curbed Detroit writes.
The average three-bedroom unit there is $4,250 a month ($2.25 a square foot for nearly 1,200 square feet), according to Broder & Sachse Real Estate, a property manager and developer,.
Three bedrooms in the Central Business District, which includes Capitol Park and Greektown, goes for $2,905 (or $1.72 a square foot for nearly 1,700 square feet).
In Lafayette Park, a three-bedroom unit goes for $2,680 ($1.75 a square foot for 1,529 square feet).
Midtown rates are even higher. A three-bedroom, 1,729-square-foot unit goes for $4,425 or $2.56 a square foot.
See more average rents at the Read More link below.