Apartments in South Lyon

1 - 7 of 7 Results
15
$1,065 - 3,000
20905 Pontiac Trail South Lyon, MI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Covered Parking
Surface Parking
52
$1,352
200 Brookwood Drive South Lyon, MI
1 BR | Mar. 30, 2024
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
21
$1,046 - 2,054
22250 Swan St South Lyon, MI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
10
$650
PER
ROOM
South Lyon, MI
1 BR | Available Now
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Heat Included
Furnished
Air Conditioning
Disability Access
Dishwasher
30
$1,500
425 Donovan St South Lyon, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
9
$1,800
South Lyon, MI
2 BR | Apr. 1, 2024
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Storage
Dishwasher
30
$1,470
200 Brookwood Drive South Lyon, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
1 - 7 of 7 Results
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How much does it cost to rent an apartment in South Lyon?

South Lyon Apartments
Bed Type Average Rent Range
1BR $2,300 $1,050 - $2,300
2BR $3,000 $1,450 - $3,000
3BR $1,500 $1,500 - $1,500

Search Cities Near South Lyon, MI

South Lyon:
March Rent Report

Welcome to the March 2024 South Lyon Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the South Lyon rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in South Lyon and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of South Lyon average rent prices in the chart below.

Monthly Rent Report

$1,550
$1,160
$780
$390
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

South Lyon Rent Prices Decrease From February to March

South Lyon rent prices decreased over the last month. From February to March, the city experienced a -2.05% decrease for the price of a one-bedroom apartment. The rent price for a South Lyon one-bedroom apartments currently stands at $1,386.0.

When we take a look at the two-bedroom comparison from February to March, South Lyon experienced a 0.88% increase for the price of a two-bedroom apartment. The rent price for a South Lyon two-bedroom apartments currently stands at $1,487.0.

March Prices: South Lyon vs. Surrounding Areas

Rent Prices in South Lyon and Surrounding Areas

Rent prices have decreased in South Lyon over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the South Lyon suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the South Lyon suburbs

  • Rents did not decrease in any of the South Lyon suburbs.

March 2024 Pricing Trends: South Lyon vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

South Lyon Rent Prices More Affordable Than Major Cities

Rent growth in South Lyon over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, South Lyon average rent prices appear to be relatively affordable for local residents.

The price for a South Lyon one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about South Lyon and surrounding area rent prices, take a look at the complete data set below.

Data set for South Lyon and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.