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.
The Department of Justice filed a lawsuit against Kentucky, Michigan, Minnesota and Pennsylvania, accusing the states of refusing to provide the U.S. Department of Agriculture with data on Supplemental Nutrition Assistance Program applicants.
A framework, but few details on the state budget, is something that Michigan lawmakers say they have figured out with less than 72 hours until the budget deadline.
The legislation follows the university's recently agreed-upon purchase of Concordia University on the east side of Ann Arbor.
Inside the company's archives, corporate archivist Virginia Angles preserves more than 120 years of Kellogg history.
With dangerously hot temperatures expected in Southeast Michigan this week, doctors at DMC Detroit Receiving Hospital are urging people to take precautions to avoid heat-related illness.
The Detroit Lions announced they have released cornerback Terrion Arnold hours after he appeared in court in connection with a robbery and kidnapping case in Florida.
Police say they made several attempts to negotiate with the man, but he allegedly raised a handgun toward officers.
A heat wave will hit its peak in Metro Detroit from Tuesday through Thursday, the National Weather Service says.
The Detroit Police Department is seeking a man who they say fled a motorcycle crash, leaving his injured 2-year-old daughter at the scene.
An air quality alert was issued for Monday in Metro Detroit, with elevated levels of ozone as the underlying cause.
The Pontiac Star Car Reunion at the Oakland Expo Center features a wide range of vehicles.
President Trump says major automakers Ford and General Motors are in talks with defense contractors about possibly repurposing some plants for weapons production.
According to AAA, the average cost of gas statewide sits at $4.07.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
The United Auto Workers announced on Wednesday a tentative agreement with American Axle in Three Rivers, Michigan, ending a 10-day strike.
Grammy Award-winning rapper and recording artist Ludacris won't be performing at the National Cherry Festival in Traverse City, Michigan, after initially being billed for the event due to an "unforeseen scheduling conflict," according to organizers.
National Detroit-style Pizza Day is June 23, a date tied to a dish that traces its roots to a Detroit neighborhood bar and a Sicilian family recipe from 1946.
Crews have been preparing all morning, getting everything ready for the show just after 10 p.m.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
The Department of Justice filed a lawsuit against Kentucky, Michigan, Minnesota and Pennsylvania, accusing the states of refusing to provide the U.S. Department of Agriculture with data on Supplemental Nutrition Assistance Program applicants.
Former NBA players Malik Beasley and Ed Davis have been indicted on illegal sports gambling charges, authorities announced Monday.
The Supreme Court overturned a 90-year-old decision that allowed Congress to shield members of certain independent agencies from being fired by the president at will.
The Supreme Court allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump's attempt to fire her continue.
The Supreme Court on Monday ruled that states can count mail ballots that are cast by Election Day but arrive later, rejecting a GOP challenge to a Mississippi law.
With dangerously hot temperatures expected in Southeast Michigan this week, doctors at DMC Detroit Receiving Hospital are urging people to take precautions to avoid heat-related illness.
A Detroit grandmother dedicated to honoring her daughter's memory needs the public's help. After starting a transportation business to support her family, her vehicle is breaking down and she needs a new one to continue the service.
State officials have taken over the investigation into one death and hospitalizations among patients who received dialysis treatment in Southeast Michigan.
Five of the twelve organizations receiving these opioid settlement funded grants are located in Southeast Michigan.
The death of one dialysis patient and hospital treatment for five others are under scrutiny in the Novi area.
The Detroit Lions announced they have released cornerback Terrion Arnold hours after he appeared in court in connection with a robbery and kidnapping case in Florida.
Detroit Lions cornerback Terrion Arnold was given a $1 million bond in Florida, where he faces multiple felony charges related to an alleged robbery and kidnapping incident.
Former NBA players Malik Beasley and Ed Davis have been indicted on illegal sports gambling charges, authorities announced Monday.
The Detroit Tigers were bested by the Astros 7-5 on Sunday at Comerica Park after Houston's Christian Walker hit a three-run homer during a four-run 10th inning for the visitors.
Isaac Paredes hit a two-run double in the eighth inning and the Houston Astros spoiled their former manager's opportunity at a milestone victory by rallying for an 8-6 win over the Detroit Tigers.
Mark Hollis, COO of Rocket Entertainment and tournament director of the PGA Tour's Rocket Classic, appears on Michigan Matters.
Former U.S. Energy Secretary and Michigan Gov. Jennifer Granholm appears exclusively on CBS Detroit's Michigan Matters.
We're in the throes of the 100 most dangerous driving days of the year as more folks take to the road for vacations.
Four leaders appear in one-on-one conversations on CBS Detroit's Michigan Matters this Sunday to discuss their political futures and the road ahead in the 2026 midterms.
Bob Riney, president and CEO of Henry Ford Health, headlines Michigan Matters this Sunday, along with three other community champions who discuss important issues dissected at the Mackinac Policy Conference.
Extreme heat will ramp up starting Tuesday, with heat indices topping 105 through Thursday.
Former Detroit Lions cornerback Terrion Arnold was given a $1 million bond in Hillsborough County, Florida, on Monday, where he faces multiple felony charges related to an alleged robbery and kidnapping incident. Arnold, 23, is charged with four counts of kidnapping and four counts of armed robbery. He made his first appearance in the Florida courtroom on June 25.
The Supreme Court allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump's attempt to fire her continue.
Michigan lawmakers say they have figured out a framework for the state budget with less than 72 hours until the July 1 deadline.
The Detroit Police Department is seeking the whereabouts of a man they say fled a motorcycle crash, leaving his injured 2-year-old daughter behind at the scene.