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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Farmington Hills, MI Rental Market Trends

What is the average rent in Farmington Hills?

The average rent for an apartment in Farmington Hills is $1,337. The cost of rent varies depending on several factors, including location, size, and quality.

Average Rent in Farmington Hills, MI

Last updated July 2022
Average Rent Average Apartment Size
$1,337 991 sq. ft.

What is the average apartment size in Farmington Hills?

The average size for a Farmington Hills, MI apartment is 991 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Farmington Hills, MI Apartment Rent Ranges

Farmington Hills, MI Occupied Housing Units

14,057 or 40% of the households in Farmington Hills, MI are renter-occupied while 20,746 or 59% are owner-occupied.

Farmington Hills, MI Rent Trends

Average Rent Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Jul / 2022
Farmington Hills, MI $1,123 $1,164 $1,163 $1,170 $1,159 $1,191 $1,187 $1,242 $1,301 $1,337
National $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628
Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Farmington Hills, MI By Neighborhood

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What are the most affordable neighborhoods in Farmington Hills?

The most affordable neighborhoods in Farmington Hills are Hazel Park, where the average rent goes for $691/month, Berkley, where renters pay $961/mo on average, and Pontiac, where the average rent goes for $975/mo. If you’re looking for other great deals, check out the listings from Madison Heights ($1,014), Keego Harbor ($1,027), and Sylvan Lake ($1,027), where the asking prices are below the average Farmington Hills rent of $1,337/mo.

What are the most expensive neighborhoods in Farmington Hills?

The most expensive neighborhoods in Farmington Hills are Novi ($1,487), Ferndale ($1,866) and Birmingham ($1,944).

What are the most popular neighborhoods in Farmington Hills?

The most popular neighborhood in Farmington Hills is Southfield, where there are 24 verified RentCafe listings with an average rent of $1,201. Next up is Novi, where apartments go for $1,487/month, followed by Pontiac with $975 If you’re looking to rent in Farmington Hills’s most popular neighborhoods, make sure to also check out Rochester Hills, where renters pay $1,385 on average, and Royal Oak, where the average monthly rent is $1,304.

Farmington Hills | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Auburn Hills is 40% higher than in Berkley

$1,344

Auburn Hills rent is 1% higher than Farmington Hills average

Average Rent $1,344
$961

Berkley rent is 28% lower than Farmington Hills average

Average Rent $961

How Farmington Hills Compares to Other Cities

City Average Rent
Detroit $1,166
Grand Rapids $1,324
East Lansing $1,429
Lansing $990
Ann Arbor $1,789
Southfield $1,201
Kalamazoo $1,144
Owosso $738
Canton $1,361
Farmington Hills $1,337
Novi $1,487
Pontiac $975
Rochester Hills $1,385
Royal Oak $1,304
Westland $1,029
Sterling Heights $1,104
Ypsilanti $1,336
Troy $1,465
Warren $921
Ferndale $1,866
Madison Heights $1,014

Most Popular Apartments in Farmington Hills

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Farmington Hills apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.