Farmington, MI Rental Market Trends
Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Farmington is $1,264, a 1.52% increase compared to the previous year, when the average rent was $1,245.
One-bedroom apartments provide 799 square feet for $1,150, balancing privacy and affordability.
Two-beedroom units at $1,354 offer 1,078 square feet, perfect for roommates or small families.
Average rent in Farmington, MI
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,264 | 954 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,150 | 799 sq. ft. |
| 2 Beds | $1,354 | 1,078 sq. ft. |
| 3 Beds | n/a | n/a |
Farmington, MI rent trends
Rental prices in Farmington, MI have increased by 1.52% over the past year. The average rent moved from $1,245 to $1,264.
What's the typical rent budget in Farmington, MI?
The largest share of rentals in Farmington, MI (95%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Farmington, MI?
1,840 or 35% of the households in Farmington, MI are renter-occupied while 3,345 or 65% are owner-occupied.
How Farmington Compares to Other Cities
| City | Average Rent |
|---|---|
| Farmington | $1,264 |
| Farmington Hills | $1,495 |
| Southfield | $1,381 |
| Ypsilanti | $1,288 |
| Detroit | $1,312 |
| Ann Arbor | $2,039 |
| Grand Rapids | $1,591 |
| East Lansing | $1,706 |
| Lansing | $1,198 |
| Kalamazoo | $1,316 |
| Westland, MI | $1,162 |
| Taylor, MI | $1,173 |
| Royal Oak, MI | $1,520 |
| Troy, MI | $1,594 |
| Novi, MI | $1,650 |
| Pontiac, MI | $1,199 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Farmington apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.