Midtown / Corktown, MI
April 2026
48201,48202,48216
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,035 – $1,121 | -5.23% | -10.84% |
| 2-Bedroom | $1,436 – $1,556 | 0.13% | 3.78% |
| 3-Bedroom | $1,678 – $1,818 | -2.52% | -0.40% |
| 4-Bedroom | $1,970 – $2,071 | -2.06% | 0.80% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,241 – $1,278 | -1.79% | -0.32% |
| 2-Bedroom | $1,591 – $1,723 | -1.13% | 2.67% |
| 3-Bedroom | $2,014 – $2,147 | 2.22% | 4.16% |
| 4-Bedroom | $2,071 – $2,165 | 0.61% | 4.30% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,245 – $1,301 | 0.55% | 4.57% |
| 2-Bedroom | $1,410 – $1,473 | 0.41% | 3.85% |
| 3-Bedroom | $1,608 – $1,715 | 1.21% | 3.40% |
| 4-Bedroom | $1,906 – $2,032 | 0.34% | 4.09% |
In the Midtown / Corktown (48201, 48202, 48216) rental market, 1-bedroom apartments saw substantial annual declines, with median rent falling 10.8% year-over-year to $1,078 for April 2026. This segment also registered a 5.2% decrease month-over-month, highlighting consistent downward movement.
Among larger units in Midtown / Corktown (48201, 48202, 48216), 3-bedroom condos reached a median rent of $2,080, reflecting a 4.2% increase year-over-year. This rate exceeds the $1,748 median for 3-bedroom apartments by $332, demonstrating the ongoing premium for condo inventory.
Annual performance in single-family 2-bedroom homes shapes Midtown / Corktown (48201, 48202, 48216) rental trends, with rents increasing 3.8% year-over-year to $1,442. This growth stands out compared to negative or modest gains among apartments and condos for the same bedroom count.