Long-term Rental Rates — June 2026 · ZIPs: 48201,48202,48216
Local market data by Estaite
As of June 2026, rental prices in Midtown / Corktown, MI range from $1,091 to $2,154 per month depending on property type and bedroom count.
The largest year-over-year increase was for 2BR condo/townhomes in Midtown / Corktown, MI, rising 6.39% from June 2025.
For 3BR units in June 2026, condo/townhomes have a median rent of $2,142, surpassing apartments at $1,705 and single-family homes at $1,727.
What are the typical rent prices in Midtown / Corktown, MI for June 2026?
Rents in Midtown / Corktown, MI for June 2026 range from $1,091 for a 1BR apartment up to $2,154 for a 4BR condo/townhome.
Which bedroom count in Midtown / Corktown, MI has one property type dominating over others?
For 3BR units in Midtown / Corktown, MI, condo/townhomes lead with a median rent of $2,142 compared to apartments at $1,705 and single-family homes at $1,727 in June 2026.
What segment showed the strongest annual growth in Midtown / Corktown, MI, and was it across all bedrooms or concentrated?
2BR condo/townhomes saw the biggest annual increase in Midtown / Corktown, MI, rising 6.39% year-over-year to $1,750; condo/townhome growth was positive across all bedrooms, but the gain was strongest for 2BR units.
What is the premium gap between apartments and condos for the same bedroom count in Midtown / Corktown, MI as of June 2026?
For 2BR units, condos/townhomes command a $340 premium over apartments, with $1,750 median rent versus $1,410 in Midtown / Corktown, MI as of June 2026.
Midtown / Corktown, MI
June 2026
48201,48202,48216
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,047 – $1,135
-3.75%
-9.44%
2-Bedroom
$1,353 – $1,466
-6.38%
-2.52%
3-Bedroom
$1,625 – $1,785
-4.38%
-3.61%
4-Bedroom
$2,069 – $2,206
2.12%
4.48%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,258 – $1,296
0.36%
-1.37%
2-Bedroom
$1,689 – $1,812
4.42%
6.39%
3-Bedroom
$2,073 – $2,210
3.21%
5.50%
4-Bedroom
$2,095 – $2,223
1.53%
4.17%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,272 – $1,329
1.20%
4.33%
2-Bedroom
$1,442 – $1,507
1.32%
4.51%
3-Bedroom
$1,671 – $1,782
2.15%
5.03%
4-Bedroom
$1,922 – $2,020
0.14%
2.52%
Data updated: July 19, 2026
In the Midtown / Corktown (48201, 48202, 48216) rental market, 1-bedroom apartments registered a year-over-year decline, with median rent dropping 6.76% to $1,129 as of May 2026. Despite this drop, there was a notable 4.12% month-over-month increase, suggesting potential renewed demand or short-term price adjustment in this segment.
The 3-bedroom condo/townhome category in Midtown / Corktown (48201, 48202, 48216) leads with a median rent of $2,110, which exceeds 3-bedroom apartments by $342 and single-family homes by $393. This segment also grew 5.53% year-over-year, making it the highest-price 3BR option in the local market.
Positive shifts in 2-bedroom single-family homes are apparent, as median rent increased 4.55% year-over-year to $1,459 and posted a 1.60% gain from the prior month. These movements in pricing help define Midtown / Corktown (48201, 48202, 48216) rental trends for mid-sized detached homes and may indicate shifting preferences among renters.