Hotel Houze - Short Term Leases
305 Michigan Ave,
Detroit, MI 48226
$3,000
Studio - 2 Beds
In spite of the troubles Detroit suffered in the late-20th and early-21st century, a falling crime rate and the availability of inexpensive housing within established neighborhoods have led to a renewed interest in giving the city a brighter future. Nowhere have these efforts shown more visible success than in Downtown, which has bounced back to become one of the hippest urban districts in America. Refurbished vintage buildings and skyscrapers give the district a retro feel in many places, and even modern touches like the Joe Louis monument pay homage to the city’s rich history.
The landscape is packed with professional sports arenas and performance venues, putting residents just steps away from the hottest events in town every night of the week. The popular RiverWalk incorporates bike paths and walking trails along the Detroit River, providing excellent views of the skylines for both Detroit and Windsor, Ontario. Multiple Detroit People Mover stops around this area make it easy to get around without a car, and living downtown will likely put you within walking distance of where you work as well as where you like to play.
As of January 2026, the average apartment rent in City Center Detroit is $1,121 for a studio, $1,691 for one bedroom, $3,546 for two bedrooms, and $3,934 for three bedrooms. Apartment rent in City Center Detroit has increased by 1.4% in the past year.
Studio
482 sq ft
Average Sq Ft
$1,121/month
Average Rent
1 BR
740 sq ft
Average Sq Ft
$1,691/month
Average Rent
2 BR
1,203 sq ft
Average Sq Ft
$3,546/month
Average Rent
3 BR
1,565 sq ft
Average Sq Ft
$3,934/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.