Madison Heights, MI Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Madison Heights is $1,264, a 11.83% increase compared to the previous year, when the average rent was $1,130.
Studio Apartments at $1,205 offer the most budget-friendly option with 624 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 773 square feet for $1,195, balancing privacy and affordability.
Two-beedroom units at $1,390 offer 913 square feet, perfect for roommates or small families.
Average rent in Madison Heights, MI
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,264 | 820 sq. ft. |
| Studio | $1,205 | 624 sq. ft. |
| 1 Bed | $1,195 | 773 sq. ft. |
| 2 Beds | $1,390 | 913 sq. ft. |
| 3 Beds | n/a | n/a |
Madison Heights, MI rent trends
Rental prices in Madison Heights, MI have increased by 11.83% over the past year. The average rent moved from $1,130 to $1,264.
What's the typical rent budget in Madison Heights, MI?
The largest share of rentals in Madison Heights, MI (93%) 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 Madison Heights, MI?
4,950 or 36% of the households in Madison Heights, MI are renter-occupied while 8,735 or 64% are owner-occupied.
How Madison Heights Compares to Other Cities
| City | Average Rent |
|---|---|
| Madison Heights | $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 |
| Royal Oak, MI | $1,520 |
| Rochester Hills, MI | $1,701 |
| Troy, MI | $1,594 |
| Sterling Heights, MI | $1,256 |
| 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 Madison Heights 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.