{
  "schema_version": "1.0",
  "submarket": {
    "slug": "waterford-mi",
    "name": "Waterford",
    "state": "MI",
    "city": "WATERFORD",
    "cbsa": "Detroit-Warren-Dearborn",
    "zip_codes": [
      "48327",
      "48328",
      "48329"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:53:00.553Z",
    "last_updated_at": "2026-06-02T13:43:30.324Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1161,
        "low": 1114,
        "high": 1207,
        "mom_pct": -0.28,
        "yoy_pct": 1.0957142857142859
      },
      "2br": {
        "median": 1428,
        "low": 1371,
        "high": 1485,
        "mom_pct": -2.610240963855422,
        "yoy_pct": 1.121566265060241
      },
      "3br": {
        "median": 1957,
        "low": 1895,
        "high": 2020,
        "mom_pct": 0.16399999999999998,
        "yoy_pct": 3.6099999999999994
      },
      "4br": {
        "median": 2166,
        "low": 2097,
        "high": 2236,
        "mom_pct": 0.8619999999999999,
        "yoy_pct": 4.672
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1258,
        "low": 1230,
        "high": 1285,
        "mom_pct": 0.4566666666666666,
        "yoy_pct": 3.7666666666666666
      },
      "2br": {
        "median": 1669,
        "low": 1615,
        "high": 1722,
        "mom_pct": 1.1745454545454543,
        "yoy_pct": 4.499090909090909
      },
      "3br": {
        "median": 2154,
        "low": 2124,
        "high": 2223,
        "mom_pct": 0.7927272727272728,
        "yoy_pct": 3.960909090909091
      },
      "4br": {
        "median": 2341,
        "low": 2266,
        "high": 2416,
        "mom_pct": 0.9279999999999999,
        "yoy_pct": 4.012
      }
    },
    "single_family": {
      "1br": {
        "median": 1261,
        "low": 1243,
        "high": 1289,
        "mom_pct": 0.7466666666666667,
        "yoy_pct": 4.933333333333334
      },
      "2br": {
        "median": 1530,
        "low": 1492,
        "high": 1569,
        "mom_pct": -2.827692307692308,
        "yoy_pct": 0.8615384615384618
      },
      "3br": {
        "median": 1996,
        "low": 1902,
        "high": 2090,
        "mom_pct": 0.14451612903225797,
        "yoy_pct": 4.788387096774193
      },
      "4br": {
        "median": 2406,
        "low": 2321,
        "high": 2490,
        "mom_pct": 3.8972222222222226,
        "yoy_pct": 6.276111111111111
      }
    }
  },
  "vacancy": 3.7743,
  "days_on_market": {
    "apartment": 33,
    "condo_townhome": 31,
    "single_family": 27
  },
  "ai_summary": [
    {
      "headline": "2BR single-family rents fall 2.8% MoM",
      "body": "Within Waterford (48327, 48328, 48329), median rent for 2-bedroom single-family homes dropped by -2.83% month over month to $1,530 in April 2026. Meanwhile, 2-bedroom condo/townhome rents increased 1.17% MoM to $1,669, highlighting a diverging trajectory between property types for this segment."
    },
    {
      "headline": "4BR single-family rents rise 6.3% YoY",
      "body": "The 4-bedroom single-family category in Waterford (48327, 48328, 48329) registered a notable year-over-year increase in median rent, reaching $2,406 with a 6.28% gain. This outperforms the apartment segment’s 4BR annual growth of 4.67%, making single-family houses the top performer over the past year in larger formats."
    },
    {
      "headline": "3BR condo/townhomes top apartments by $197",
      "body": "Rental trends in Waterford (48327, 48328, 48329) indicate that 3-bedroom condo/townhomes command a median rent of $2,154, exceeding 3BR apartments at $1,957 by $197. The condo/townhome segment experienced a 3.96% YoY increase, slightly ahead of apartments, which rose 3.61% annually for 3BR units."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Waterford, MI range from $1,161 to $2,406 per month depending on property type and bedroom count.",
      "The largest year-over-year change is a 6.28% increase for single-family 4BR properties in Waterford, MI.",
      "For 2BR units in Waterford, MI in April 2026, condo/townhome rents at $1,669 are higher than apartment rents at $1,428."
    ],
    "qa": [
      {
        "question": "What is the rent range for apartments, condos, and single-family homes in Waterford, MI?",
        "answer": "As of April 2026, rent prices in Waterford, MI range from $1,161 for a 1BR apartment up to $2,406 for a 4BR single-family home."
      },
      {
        "question": "Which rental segment in Waterford, MI has the most outlier rent value in April 2026?",
        "answer": "The single-family 4BR segment has the highest median rent at $2,406 and the largest year-over-year increase at 6.28%."
      },
      {
        "question": "Are rents in Waterford, MI increasing or decreasing across the different property types during April 2026?",
        "answer": "In April 2026, most segments in Waterford, MI show year-over-year rent increases, such as single-family 4BR homes up 6.28%, while 2BR apartments and single-family homes had month-over-month declines of -2.61% and -2.83% respectively."
      },
      {
        "question": "How much more do condos cost compared to apartments for 2BR rentals in Waterford, MI in April 2026?",
        "answer": "In April 2026, 2BR condos/townhomes in Waterford, MI rent for $1,669 which is $241 higher than 2BR apartments at $1,428."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1161,
          "2br": 1428,
          "3br": 1957,
          "4br": 2166
        },
        "condo_townhome": {
          "1br": 1258,
          "2br": 1669,
          "3br": 2154,
          "4br": 2341
        },
        "single_family": {
          "1br": 1261,
          "2br": 1530,
          "3br": 1996,
          "4br": 2406
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1166,
          "2br": 1477,
          "3br": 1952,
          "4br": 2141
        },
        "condo_townhome": {
          "1br": 1252,
          "2br": 1651,
          "3br": 2138,
          "4br": 2316
        },
        "single_family": {
          "1br": 1252,
          "2br": 1576,
          "3br": 1992,
          "4br": 2307
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1169,
          "2br": 1467,
          "3br": 1961,
          "4br": 2156
        },
        "condo_townhome": {
          "1br": 1247,
          "2br": 1632,
          "3br": 2139,
          "4br": 2319
        },
        "single_family": {
          "1br": 1250,
          "2br": 1571,
          "3br": 1995,
          "4br": 2331
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1177,
          "2br": 1484,
          "3br": 1977,
          "4br": 2165
        },
        "condo_townhome": {
          "1br": 1255,
          "2br": 1653,
          "3br": 2156,
          "4br": 2336
        },
        "single_family": {
          "1br": 1256,
          "2br": 1574,
          "3br": 2003,
          "4br": 2318
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1194,
          "2br": 1503,
          "3br": 1996,
          "4br": 2178
        },
        "condo_townhome": {
          "1br": 1264,
          "2br": 1670,
          "3br": 2178,
          "4br": 2355
        },
        "single_family": {
          "1br": 1266,
          "2br": 1580,
          "3br": 2027,
          "4br": 2335
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1206,
          "2br": 1508,
          "3br": 2008,
          "4br": 2194
        },
        "condo_townhome": {
          "1br": 1278,
          "2br": 1687,
          "3br": 2199,
          "4br": 2377
        },
        "single_family": {
          "1br": 1273,
          "2br": 1591,
          "3br": 2038,
          "4br": 2369
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1197,
          "2br": 1520,
          "3br": 2005,
          "4br": 2194
        },
        "condo_townhome": {
          "1br": 1277,
          "2br": 1693,
          "3br": 2207,
          "4br": 2387
        },
        "single_family": {
          "1br": 1277,
          "2br": 1592,
          "3br": 2046,
          "4br": 2383
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1188,
          "2br": 1534,
          "3br": 2000,
          "4br": 2176
        },
        "condo_townhome": {
          "1br": 1266,
          "2br": 1704,
          "3br": 2205,
          "4br": 2380
        },
        "single_family": {
          "1br": 1276,
          "2br": 1589,
          "3br": 2046,
          "4br": 2383
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1172,
          "2br": 1507,
          "3br": 1986,
          "4br": 2169
        },
        "condo_townhome": {
          "1br": 1259,
          "2br": 1682,
          "3br": 2198,
          "4br": 2369
        },
        "single_family": {
          "1br": 1270,
          "2br": 1582,
          "3br": 2034,
          "4br": 2351
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1181,
          "2br": 1482,
          "3br": 1969,
          "4br": 2125
        },
        "condo_townhome": {
          "1br": 1263,
          "2br": 1655,
          "3br": 2188,
          "4br": 2352
        },
        "single_family": {
          "1br": 1257,
          "2br": 1574,
          "3br": 2018,
          "4br": 2345
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1171,
          "2br": 1454,
          "3br": 1944,
          "4br": 2099
        },
        "condo_townhome": {
          "1br": 1248,
          "2br": 1649,
          "3br": 2153,
          "4br": 2317
        },
        "single_family": {
          "1br": 1240,
          "2br": 1559,
          "3br": 1984,
          "4br": 2308
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1150,
          "2br": 1433,
          "3br": 1915,
          "4br": 2078
        },
        "condo_townhome": {
          "1br": 1225,
          "2br": 1625,
          "3br": 2115,
          "4br": 2287
        },
        "single_family": {
          "1br": 1220,
          "2br": 1540,
          "3br": 1951,
          "4br": 2275
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/waterford-mi/",
    "self": "https://data.estaite.com/feeds/waterford-mi.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}