Berkley renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Berkley is about $1,331 per month. This puts it in the 92nd percentile compared to the state average cost of rent, which is $1,107. Households in Berkley have a median income of $7,231 per month so the average renter in Berkley is spending roughly 18% of their earnings on housing.
Nationally, and in Berkley, home values are the data point most closely correlated with the cost of rent. The median price of a home in Berkley is $258,106 right now, which is lower than cities nearby, meaning that rents in Berkley also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Berkley while lower rent rates are often available in central areas.
Nearby Cities
- Huntington Woods, MI: more expensive rent prices
- Royal Oak, MI: more expensive rent prices
- Oak Park, MI: less expensive rent prices
- Lathrup Village, MI: more expensive rent prices
- Pleasant Ridge, MI: more expensive rent prices
- Beverly Hills, MI: more expensive rent prices
- Clawson, MI: less expensive rent prices
- Birmingham, MI: more expensive rent prices
- Southfield, MI: more expensive rent prices
- Ferndale, MI: less expensive rent prices
Cities with Similar Populations
- Hanover, MD: more expensive rent prices
- Duxbury, MA: more expensive rent prices
- Rio Linda, CA: more expensive rent prices
- Huntingdon, PA: less expensive rent prices
- La Grande, OR: less expensive rent prices
- Huntingtown, MD: more expensive rent prices
- Mastic, NY: more expensive rent prices
- Wapakoneta, OH: less expensive rent prices
- Pontotoc, MS: less expensive rent prices
- Spring Creek, NV: more expensive rent prices
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