Pleasant Ridge 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 Pleasant Ridge is about $1,605 per month. This puts it in the 96th percentile compared to the state average cost of rent, which is $1,107. Households in Pleasant Ridge have a median income of $12,169 per month so the average renter in Pleasant Ridge is spending roughly 13% of their earnings on housing.
Nationally, and in Pleasant Ridge, home values are the data point most closely correlated with the cost of rent. The median price of a home in Pleasant Ridge is $487,127 right now, which is higher than cities nearby, meaning that rents in Pleasant Ridge also tend to be higher versus these nearby cities.
Higher rent prices are common in the northern parts of Pleasant Ridge while lower rent rates are often available in eastern areas.
Nearby Cities
- Ferndale, MI: less expensive rent prices
- Huntington Woods, MI: more expensive rent prices
- Oak Park, MI: less expensive rent prices
- Hazel Park, MI: less expensive rent prices
- Royal Oak, MI: less expensive rent prices
- Berkley, MI: less expensive rent prices
- Madison Heights, MI: less expensive rent prices
- Highland Park, MI: less expensive rent prices
- Lathrup Village, MI: more expensive rent prices
- Clawson, MI: less expensive rent prices
Cities with Similar Populations
- Hambden, OH: less expensive rent prices
- Moretown, VT: less expensive rent prices
- Morton, WA: less expensive rent prices
- Potts Camp, MS: less expensive rent prices
- Buras, LA: less expensive rent prices
- Carrier Mills, IL: less expensive rent prices
- Chenoa, IL: less expensive rent prices
- Far Hills, NJ: more expensive rent prices
- Hebron, IL: less expensive rent prices
- Jeffersonton, VA: more expensive rent prices
All Local Stats
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