Rents around the U.S. are growing more slowly than they have in years
The cost of renting a home, which surged during the pandemic, is showing signs of returning to earth, new data shows.
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The cost of renting a home, which surged during the pandemic, is showing signs of returning to earth, new data shows.
Arbor One Apartments in Ypsilanti, Michigan, says it is making progress on restoring its condemned buildings, but there's still a lot of work left to finish the job.
Monthly rental costs are showing a slight decline in many major metro areas, including Detroit, an industry study says.
Since the pandemic, the monthly rent for a typical apartment around the U.S. has surged almost 30% to $1,858, Zillow data shows.
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
Millions of Americans are struggling to keep up with the rising rent, while buyers say the housing market is "nuts." What in the world is going on?
The DOJ alleges RealPage colluded with landlords to inflate rental housing prices, harming millions of Americans.
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
The Biden administration wants a new law that would cap annual rent increases at no more than 5% — or landlords would lose a major tax break.
Renters in Detroit have had concerns over living conditions, rent prices and evictions. The Detroit City Council will start a new tenant rights commission to be a resource for tenants to get assistance.
The median U.S. rent now hovers around $2,000 a month, consuming a growing chunk of people's paychecks.
Short-term rentals in Michigan could soon be subject to an additional tax and more regulations, a move supporters say will help offset the costs to municipalities. However, opponents say it could have a negative impact on our tourism.
Rents over the last two decades have risen much faster than employee pay, contributing to an escalating homelessness crisis in the U.S.
New numbers show Michigan had one of the highest increases in rent in the last year.
Americans flocked to suburban areas during the pandemic — one of several reasons why rent increases there have outpaced urban areas.
A "dizzying array" of tacked-on charges, from application fees to pet fees, are rising at a faster clip than rent itself.
Shipping container homes aren't something you see or hear about every day. Turns out, you can rent a couple of these homes in Oakland County.
The prices are still up, but there's significance in the fact that the rate of increase is slowing down
In 45 of the 50 largest cities, buyers pay far more for the privilege to own a home than they do to rent.
Michigan's rent prices increased 8.61% from last year, with an average median rate of $1,321 a month, but a study from Rent.com shows that this growth is starting to slow down.
If you're planning a trip to Miami, look no further for a place to stay than DJ Khaled's "sneaker kingdom" – AKA his shoe closet.
As Trump warns Iran to "get smart soon" and make a deal to end the war, an Iranian lawmaker vows Tehran will "never relinquish its control over the Strait of Hormuz."
A man is now charged with murder following a crash during a police pursuit in Clinton Township that resulted in the deaths of two men.
Six Detroit elementary students were hospitalized on Tuesday after eating suspected marijuana edibles, district officials said.
Michgian Gov. Gretchen Whitmer has declared a state of emergency in Tuscola County and the Village of Holly in Oakland County.
Purdue Pharma, the maker of OxyContin, is set to be dissolved as a massive legal settlement resolving thousands of lawsuits takes effect.
A jury issued guilty verdicts of first-degree murder and related charges against Michael Lopez in the shooting death of Melvindale Officer Mohamed Said.
Six Detroit elementary students were hospitalized on Tuesday after eating suspected marijuana edibles, district officials said.
The April shooting happened at an Airbnb on East Lincoln Street, rattling nearby residents.
As Trump warns Iran to "get smart soon" and make a deal to end the war, an Iranian lawmaker vows Tehran will "never relinquish its control over the Strait of Hormuz."
Michigan lawmakers are acting to repeal Cesar Chavez Day in response to documented sexual abuse allegations.
Experts said it's unlikely consumers will see a drop in prices moving forward.
Two of Michigan's congressional representatives introduced a bill aimed at supporting Michigan's role in automotive innovation and manufacturing.
General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Trump's most sweeping levies.
A Michigan auto parts company that is eligible to request refunds for tariffs deemed illegal is taking on the White House in a lawsuit, challenging an executive order that suspends duty-free shipping.
Professionally trained K-9s will become part of the security team at the Detroit Assembly Complex - Mack.
Motown may be Detroit's most famous sound, but it's far from the only one.
Gene Simmons visited Detroit Rock City to celebrate the grand opening of a restaurant co-founded by him and his Kiss bandmate Paul Stanley.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
Restaurants are being considered for the new Michelin Guide American Great Lakes Edition, set to be revealed in 2027.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Michigan lawmakers are acting to repeal Cesar Chavez Day in response to documented sexual abuse allegations.
The impact of higher energy prices and fears about covering monthly bill is taking a toll on public sentiment, a new Gallup poll finds.
General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Trump's most sweeping levies.
The average cost of a gallon of gasoline hit $4.18 on Tuesday, up $1.20 since the conflict in the Middle East started on Feb. 28.
Customs and Border Protection officers seized $8.1 million worth of methamphetamine from a tractor trailer that entered the U.S. from Mexico last week.
Six Detroit elementary students were hospitalized on Tuesday after eating suspected marijuana edibles, district officials said.
A proposed Michigan law would mandate health insurance plans to cover in vitro fertilization and intrauterine insemination starting in 2027.
Cases of Lyme disease have seen a 168% increase just in the last five years, according to the Michigan Department of Health and Human Services.
Macomb County health officials reported Thursday the county's first confirmed measles case in 2026.
Michigan Dr. Jean Tsao said she recommends everyone take some basic precautions this tick season.
Michigan basketball coach Dusty May has announced that three players have been added from the transfer portal and two incoming freshman are joining four high school seniors who were signed in November.
Desmond Bane scored 22 points, Franz Wagner had 19 in three quarters and the Orlando Magic beat the Detroit Pistons 94-88 to take a 3-1 series lead, putting the East's No. 1 seed on the brink of elimination.
Construction crews are making way for the new home of the Detroit City Football Club after demolishing the old Southwest Detroit Hospital.
Two members of the Michigan men's basketball national championship team made Saturday memorable for young players in Rochester Hills, Michigan.
Dakota Guerrant, the top-ranked high school football recruit in Michigan and a junior at Harper Woods, paid it forward on Sunday by hosting his first youth football camp on Detroit's east side.
Robert Costa, the award-winning national correspondent for CBS Sunday Morning and chief Washington analyst for CBS News, talks about Michigan's role in this critical midterm election.
Diallo Smith, CEO of Detroit nonprofit Life Remodeled, talks about its new opportunity hub on the east side of Detroit called Anchor Detroit.
It's a look at the critical relationship between Canada, Michigan and the U.S. on this week's Michigan Matters.
The roundtable discusses the dramatic impact AI is having in the classroom, at companies and inside homes.
There's a focus on Michigan's defense industry as a national convention comes to Detroit in a few weeks, with over 11,000 people expected at Huntington Place.
The family of fallen Melvindale police officer Mohamed Said spoke with CBS News Detroit after a Michael Lopez was found guilty on all counts in the murder of Said.
Gas station clerk, Abdulrahman Abohatem, was honored by Hamtramck leaders after he helped save a 16-year-old girl who was kidnapped while waiting for a bus.
Six Detroit elementary students were hospitalized on Tuesday after eating suspected marijuana edibles, district officials said.
The transformation of downtown Pontiac continues. On Tuesday, state, county, and local leaders gathered to highlight the progress made involving the Pontiac Revitalization Project.
Cooler temperatures will roll in starting Thursday with scattered rain showers in the morning.