Southfield, MI Rental Market Trends

What is the average rent in Southfield?

The average rent for an apartment in Southfield is $1,279. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Southfield, MI

Last updated July 2023

Average Rent	Average Apartment Size
$1,279	1,093 sq. ft.

What is the average apartment size in Southfield?

The average size for a Southfield, MI apartment is 1,093 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.

Southfield, MI apartment rent ranges

Southfield, MI Occupied Housing Units

16,894 or 51% of the households in Southfield, MI are renter-occupied while 16,501 or 49% are owner-occupied.

Southfield, MI rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Southfield, MI By Neighborhood

Neighborhood	Average Rent
Birmingham	$2,374
Ferndale	$1,834
Beverly Hills	$1,624
Bingham Farms	$1,624
Franklin	$1,624
Troy	$1,555
Rochester Hills	$1,549
Rochester	$1,543
Novi	$1,530
Auburn Hills	$1,500
Lake Angelus	$1,500
Village Of Clarkston	$1,468
Royal Oak	$1,465
Walled Lake	$1,457
Wolverine Lake	$1,457
Farmington Hills	$1,405
Lathrup Village	$1,386
Farmington	$1,298
Oak Park	$1,187
Berkley	$1,182
Clawson	$1,181
Keego Harbor	$1,180
Sylvan Lake	$1,180
Orchard Lake Village	$1,168
Holly Village	$1,165
Oxford Village	$1,161
South Lyon	$1,130
Wixom	$1,107
Madison Heights	$1,101
Lake Orion	$1,074
Pontiac	$1,030
Hazel Park	$776

What are the most affordable neighborhoods in Southfield?

The most affordable neighborhoods in Southfield are Hazel Park, where the average rent goes for $776/month, Pontiac, where renters pay $1,030/mo on average, and Lake Orion, where the average rent goes for $1,074/mo. If you’re looking for other great deals, check out the listings from Madison Heights ($1,101), Wixom ($1,107), and South Lyon ($1,130), where the asking prices are below the average Southfield rent of $1,279/mo.

What are the most expensive neighborhoods in Southfield?

The most expensive neighborhoods in Southfield are Franklin ($1,624), Ferndale ($1,834) and Birmingham ($2,374).

What are the most popular neighborhoods in Southfield?

The most popular neighborhood in Southfield is Farmington Hills, where there are 14 listings with an average rent of $1,405. Next up is Novi, where apartments go for $1,530/month, followed by Rochester Hills with $1,549 If you’re looking to rent in Southfield’s most popular neighborhoods, make sure to also check out Royal Oak, where renters pay $1,465 on average, and Troy, where the average monthly rent is $1,555.

Southfield | Rent Comparison by Neighborhood

Rent in Auburn Hills is 27% higher than in Berkley

$1,500

Auburn Hills rent is 17% higher than Southfield average

Average Rent	$1,500

$1,182

Berkley rent is 8% lower than Southfield average

Average Rent	$1,182

How Southfield Compares to Other Cities

City	Average Rent
Grand Rapids	$1,437
Detroit	$1,212
East Lansing	$1,528
Lansing	$1,121
Kalamazoo	$1,192
Southfield	$1,279
Ann Arbor	$1,980
Walker	$1,314
Ypsilanti	$1,465
Farmington Hills	$1,405
Flint	$831
Westland	$1,093
Novi	$1,530
Sterling Heights	$1,201
Rochester Hills	$1,549
Troy	$1,555
Royal Oak	$1,465
Pontiac	$1,030
Warren	$1,007
Oak Park	$1,187
Auburn Hills	$1,500

What is the average price for a storage unit in Southfield?

The average rent for a non-climate-controlled 10'x10' storage unit in Southfield is $191.32. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.