Edgemont Park, Michigan Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Edgemont Park, Michigan rental market.
Edgemont Park, Michigan
Average Apartment Rent
$1,238
Y-o-Y Change in Average
Apartment Rent
4.4%
As of March 2026
Compared to a year ago, Edgemont Park, Michigan apartments have recorded a 4.4% rent increase.
Edgemont Park, Michigan Average apartment rent trend
Edgemont Park, Michigan Average Apartment Rent
Edgemont Park, Michigan Apartment rent ranges
At 45.7%, apartments priced $1,000 - $1,500 represent the bulk of Edgemont Park, Michigan rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.46%.
Edgemont Park, Michigan Housing tenure**
Renters take up 31% of Edgemont Park, Michigan real estate, occupying a total of 332 units, while homeowners live in 750 properties.
Median number of rooms of renter-occupied housing units**
3.6
Renter median household income**
$25,278
Average household size of renter-occupied housing units**
1.48
Edgemont Park, Michigan Renter-occupied housing units by no. of bedrooms**
There are 162 rentals in Edgemont Park, Michigan with 1 bed making up the highest share of the market, at 49%. Units with 3 beds, on the other hand, hold the lowest percentage (5%), amounting to 16 units. Overall, the median number of rooms in Edgemont Park, Michigan homes for rent is 3.6.
Edgemont Park, Michigan Renter-occupied units by age of householder**
Most condos for rent in Edgemont Park, Michigan are occupied by residents in the 45 - 54 years age group (28%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 5%.
Edgemont Park, Michigan Renter-occupied housing units by family type**
Edgemont Park, Michigan Renter-occupied housing units by the presence of own children**
A total of 84 apartments for rent in Edgemont Park, Michigan, or 25% of all rentals are family households. Additionally, 8% of rental homes include children under the age of 18 – that’s 28 units. All in all, the median size of a renter-occupied household in Edgemont Park, Michigan is 1.48.
Edgemont Park, Michigan Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Edgemont Park, Michigan.
Edgemont Park, Michigan Renter-occupied units by year structure built**
The highest share of Edgemont Park, Michigan apartment rentals, namely 45% or 151 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (22%, 74 units), and the ones Built 1939 or earlier (21%, 70 units).
Edgemont Park, Michigan Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Edgemont Park, Michigan renters (44%) moved in 2010 to 2017, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Edgemont Park, Michigan condos for rent is 2016.
Edgemont Park, Michigan Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Edgemont Park, Michigan renters have No vehicle available per household, 36% of them have 1 vehicle available, and 13% have 3 or more vehicles available.
Edgemont Park, Michigan Means of transportation to work of householders living in renter-occupied housing units**
Edgemont Park, Michigan Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Edgemont Park, Michigan apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
