Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Pleasant Ridge, MI

As of July 2025, Pleasant Ridge's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Pleasant Ridge's average rent is 17.9% ($245) lower than the Michigan average of $1,365 and 36.9% ($655) lower than the U.S. average of $1,775.

Average Rent

$1,120

Monthly ChangeMonth Over Month Change

18.4% ($252)

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,002	2.6% ($27)	No change
2 Beds	$1,326	3.3% ($45)	No change
3 Beds	$1,674	4.4% ($77)	No change

Nearby Cities	Average Rent	Avg. Rent vs. Pleasant RidgeAverage Rent vs. Pleasant Ridge	Avg. Days on MarketAverage Days on Market
Ferndale	$1,359	21.3% ($239)	38 days
Oak Park	$1,354	20.9% ($234)	36 days
Royal Oak	$1,323	18.1% ($203)	74 days
Hazel Park	$1,414	26.3% ($294)	32 days
Berkley	$1,335	19.2% ($215)	34 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Pleasant Ridge Rental Market FAQs

Explore rental prices, market trends, and availability in Pleasant Ridge, MI.

What is the average rent in Pleasant Ridge, MI?

The average rent in Pleasant Ridge, MI is $1,120 per month.

What is the rental price range for homes in Pleasant Ridge, MI?

Homes in Pleasant Ridge typically rent for between $701 and $2,176 per month, with an average of $1,120 per month.

What is the average rent for different bedroom sizes in Pleasant Ridge, MI?

In Pleasant Ridge, the average rent for a 1-bedroom home is $1,002 per month, for a 2-bedroom home, $1,326 per month, and a 3-bedroom home is $1,674 per month.

How do rent prices in Pleasant Ridge, MI compare with the national average?

The average rent in Pleasant Ridge is 36.9% ($655) lower than the national average of $1,775 per month.

How competitive is the rental market in Pleasant Ridge, MI?

The rental market in Pleasant Ridge, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Pleasant Ridge, MI?

In Pleasant Ridge, MI, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Pleasant Ridge, MI?

There is currently 1 rental property available in Pleasant Ridge, MI.

Can I afford to rent a home in Pleasant Ridge, MI?

Based on the current averages, a household would need an annual income of $53,040 to comfortably afford a 2-bedroom home in Pleasant Ridge.