Wayne, MI rental market

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Last updated August 10, 2025

Rental market summary

The average rent for all bedrooms and all property types in Wayne, MI is $1,160.

Average rent

$1,160

Month-over-month change

-$115

Year-over-year change

-$90

Available rentals

17

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $750 to $2,000.

Rent frequencies
Rent priceNumber of rental properties
$7001
$8004
$9004
$1,0001
$1,1002
$1,2002
$1,3002
$1,4001
$1,5002
$1,6002
$1,7001
$1,9001
$2,000+1

Average rent price over time

In the last year, rent has decreased by $90 compared to the previous year.

Average rent price over time
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$955No data
Oct$1,100No data
Nov$995No data
Dec$1,250No 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.

hot

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.

Wayne, MIvs.

$1,160

$2,100

Rent in Wayne, MI

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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.