Warren, MI Rental Market
Warren is the largest suburb of Detroit and home to the General Motors Technical Center — GM's global research and engineering headquarters — making it a hub for automotive engineering professionals. The city offers significantly lower rents and home prices than Ann Arbor while maintaining convenient access to Detroit's employment core. Strong working-class and professional tenant demand from the auto industry supports consistent occupancy.
Get a rent estimate for an address in WarrenAverage Rent in Warren, MI
$1,100
per month · 2026-06
Market Score
Key Facts — Warren, MI Rental Market
- Average rent in Warren, MI:$1,100/mo
- Median rent:$1,012/mo
- Rent range:$550 – $2,400/mo
- Most common rental (2 bedrooms):$975/mo
- Active listings:680
- Avg days to lease:33 days
- Year-over-year change:+3.0%
- Median home value:$180,000
- Est. gross annual yield:7.3%
- Data as of:2026-06
Rent by Bedroom in Warren, MI
Average monthly rent for each bedroom type based on current active listings in Warren.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $800/mo |
2 Bedrooms | $975/mo |
3 Bedrooms | $1,225/mo |
4 Bedrooms | $1,525/mo |
5 Bedrooms | $1,725/mo |
Warren Rental Market Statistics
Key indicators from the current Warren, MI rental market.
680
Available now in Warren
33
From list to lease
$0.87
Average across listings
1,265 sq ft
Typical rental size
$550 – $2,400
Min to max active listings
+3.0%
Avg rent vs. prior year
Investing in Warren, MI Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$180,000
Typical purchase price in Warren
Est. Gross Annual Yield
7.3%
Before expenses & vacancy
Avg Monthly Income
$1,100
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Warren for a full cash-flow breakdown including all costs.
Warren, MI Rental Market FAQ
Common questions about renting and investing in Warren, MI.
What is the average rent in Warren, MI?
The average rent in Warren, MI is $1,100 per month as of 2026. One-bedroom apartments average $800/mo, two-bedrooms $975/mo, and three-bedroom homes $1,225/mo. Warren offers meaningfully lower rents than Ann Arbor while providing easy access to Detroit metro employment.
Is Warren, MI a good place to invest in rental property?
Warren offers an estimated 7.3% gross annual yield driven by the GM Technical Center and the broader automotive engineering employer base. Affordable median home values (~$180,000) and consistent demand from auto industry workers make it a solid buy-and-hold market for suburban Detroit investors.
How competitive is the Warren, MI rental market?
Warren averages 33 days on market with approximately 680 active listings. The market is moderately competitive, with well-maintained homes near the GM Technical Center and major corridors leasing faster than average. The market is more consistent and stable than Detroit proper.
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