Wayne, MI rental market
Last updated August 10, 2025
Rental market summary
The average rent for all bedrooms and all property types in Wayne, MI is $1,160.
$1,160
-$115
-$90
17
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $750 to $2,000.
Rent price | Number of rental properties |
---|---|
$700 | 1 |
$800 | 4 |
$900 | 4 |
$1,000 | 1 |
$1,100 | 2 |
$1,200 | 2 |
$1,300 | 2 |
$1,400 | 1 |
$1,500 | 2 |
$1,600 | 2 |
$1,700 | 1 |
$1,900 | 1 |
$2,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $90 compared to the previous year.
Last year (2024) | This year (2025) | |
---|---|---|
Jan | $1,003 | $1,150 |
Feb | $985 | $1,100 |
Mar | $1,100 | $999 |
Apr | $1,003 | $1,032 |
May | $1,250 | $1,249 |
Jun | $1,100 | $900 |
Jul | $995 | $1,160 |
Aug | $980 | $1,147 |
Sep | $955 | No data |
Oct | $1,100 | No data |
Nov | $995 | No data |
Dec | $1,250 | No data |
Market temperature
The Wayne, MI rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Wayne, MI is 45% lower than the national average.
$1,160
$2,100
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Frequently asked questions
1. What is the average rent in Wayne, MI?
The average rent in Wayne, MI is $1,160.
2. How much does it cost to rent a house in Wayne, MI?
Houses in Wayne, MI rent between $750 - $2,000 with an average rent of $1,160.
3. How has the rent in Wayne, MI changed in the last year?
In the last year, the rent in Wayne, MI decreased by $90
4. How much has the rent in Wayne, MI increased/decreased in the last month?
In the last month, the rent in Wayne, MI decreased by $115
5. How many available rentals are there in Wayne, MI?
There are currently 17 rentals available in Wayne, MI.
6. How do rent prices in Wayne, MI compare with the national average?
The average rent in Wayne, MI is $1,160 — 44.76% lower the national average of $2,100.