As-is Deals in Hazel Park, MI

Current Market Conditions in Hazel Park, MI

The real estate market in Hazel Park has shown steady growth over recent years, with an increase in housing demand driven by its appealing community features and affordability compared to neighboring areas. Investors have been drawn to the city due to its reasonable property prices and investment potential.

This city has been experiencing a revitalization, leading to an influx of renovations and new constructions. The combination of rising property values and continuous demand for rental properties makes Hazel Park an attractive option for real estate investors looking for a stable market.

Rent Prices In Hazel Park, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hazel Park, MI, is on a rollercoaster ride. The average rent price in Hazel Park, MI, is $1,117.00. Indeed, when looking to rent in Hazel Park, MI, you can expect to pay as little as $630.00 or as much as $1,610.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Hazel Park, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.