Long-term Rental Rates — August 2026 · ZIPs: 48201,48202,48216
Local market data by Estaite
As of August 2026, rental prices in Midtown / Corktown, MI range from $1,206 to $2,227 per month depending on property type and bedroom count.
The largest year-over-year change was for 3-bedroom condos/townhomes in Midtown / Corktown, MI, which increased 6.35%.
For 2-bedroom units, condos/townhomes have a median rent of $1,671 while apartments are at $1,495 in August 2026.
What are the lowest and highest rents in Midtown / Corktown, MI as of August 2026?
As of August 2026, Midtown / Corktown, MI rents range from $1,206 for a 1-bedroom apartment to $2,227 for a 4-bedroom condo/townhome.
Which bedroom count has a property type that significantly outperforms others in Midtown / Corktown, MI in August 2026?
In Midtown / Corktown, MI during August 2026, 3-bedroom condos/townhomes lead with a median rent of $2,219, compared to $1,727 for single-family homes and $1,795 for apartments.
Which segment had the largest year-over-year rent increase in Midtown / Corktown, MI, and how did that property type perform across all bedrooms in August 2026?
The biggest year-over-year increase was for 3-bedroom condos/townhomes in Midtown / Corktown, MI, rising 6.35% in August 2026. Condos/townhomes across other bedrooms saw year-over-year changes of 1.41% for 1BR, -0.38% for 2BR, and 4.60% for 4BR.
What is the rent premium for condos versus apartments by bedroom count in Midtown / Corktown, MI in August 2026?
In Midtown / Corktown, MI during August 2026, condos/townhomes rent for $121 more than apartments for 1BR ($1,327 vs $1,206), $176 more for 2BR ($1,671 vs $1,495), $424 more for 3BR ($2,219 vs $1,795), and $55 more for 4BR ($2,227 vs $2,172).
Midtown / Corktown, MI
August 2026
48201,48202,48216
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,135 – $1,205
3.52%
-2.69%
2-Bedroom
$1,450 – $1,540
2.72%
2.69%
3-Bedroom
$1,750 – $1,839
3.90%
-1.91%
4-Bedroom
$2,102 – $2,241
12.40%
4.03%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,307 – $1,347
3.56%
1.41%
2-Bedroom
$1,629 – $1,713
-1.10%
-0.38%
3-Bedroom
$2,141 – $2,297
2.79%
6.35%
4-Bedroom
$2,165 – $2,299
0.80%
4.60%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,301 – $1,360
0.96%
4.28%
2-Bedroom
$1,483 – $1,581
3.63%
5.14%
3-Bedroom
$1,672 – $1,783
2.86%
3.61%
4-Bedroom
$1,980 – $2,111
5.29%
3.19%
Data updated: September 25, 2026
Midtown / Corktown Rental Trends
In the Midtown / Corktown (48201, 48202, 48216) rental market, 1-bedroom apartments posted a median rent of $1,135 in July 2026, marking a -4.39% decrease year-over-year. Despite this annual decline, the segment recorded a 4.32% gain on a month-over-month basis.
Across Midtown / Corktown (48201, 48202, 48216), 3-bedroom condo/townhomes outperformed apartments with a median rent of $2,136 versus $1,709, a gap of $427. The condo/townhome segment also saw a 4.15% year-over-year increase, while 3-bedroom apartment rents declined by -5.31%.
Recent Midtown / Corktown (48201, 48202, 48216) rental trends indicate that 4-bedroom apartments declined -10.53% year-over-year to a median of $1,848. By comparison, 4-bedroom single-family homes saw only a -2.53% drop in median rents over the same period.