Greater Westwood, 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 Greater Westwood, Michigan rental market.
Greater Westwood, Michigan
Average Apartment Rent
$1,157
Y-o-Y Change in Average
Apartment Rent
1.2%
As of May 2026
Compared to a year ago, Greater Westwood, Michigan apartments have recorded a 1.2% rent increase.
Greater Westwood, Michigan Average apartment rent trend
Greater Westwood, Michigan Average Apartment Rent
Greater Westwood, Michigan Apartment rent ranges
At 55.01%, apartments priced Under $1,000 represent the bulk of Greater Westwood, Michigan rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.51%.
Greater Westwood, Michigan Housing tenure**
Renters take up 42% of Greater Westwood, Michigan real estate, occupying a total of 1,863 units, while homeowners live in 2,550 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$53,438
Average household size of renter-occupied housing units**
2.05
Rental vacancy rate**
4.6%
Greater Westwood, Michigan Renter-occupied housing units by no. of bedrooms**
There are 1,115 rentals in Greater Westwood, Michigan with 2 beds making up the highest share of the market, at 60%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 40 units. Overall, the median number of rooms in Greater Westwood, Michigan homes for rent is 4.3.
Greater Westwood, Michigan Renter-occupied units by age of householder**
Most condos for rent in Greater Westwood, Michigan are occupied by residents in the 15 - 24 years age group (32%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Greater Westwood, Michigan Renter-occupied housing units by family type**
Greater Westwood, Michigan Renter-occupied housing units by the presence of own children**
A total of 577 apartments for rent in Greater Westwood, Michigan, or 31% of all rentals are family households. Additionally, 9% of rental homes include children under the age of 18 – that’s 167 units. All in all, the median size of a renter-occupied household in Greater Westwood, Michigan is 2.05.
Greater Westwood, Michigan Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 54% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Greater Westwood, Michigan.
Greater Westwood, Michigan Renter-occupied units by year structure built**
The highest share of Greater Westwood, Michigan apartment rentals, namely 21% or 387 units, were Built 1980 - 1989, followed by those Built 1960 - 1969 (17%, 323 units), and the ones Built 1990 - 1999 (16%, 307 units).
Greater Westwood, Michigan Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Greater Westwood, Michigan renters (42%) moved in 2018 to 2020, while only 2% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Greater Westwood, Michigan condos for rent is 2019.
Greater Westwood, Michigan Renter-occupied housing units by vehicles available**
When it comes to transportation options, 45% of Greater Westwood, Michigan renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 15% have No vehicle available.
Greater Westwood, Michigan Means of transportation to work of householders living in renter-occupied housing units**
Greater Westwood, 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 Greater Westwood, 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
