Southfield, MI Rental Market Trends
What is the average rent in Southfield?
The average rent for an apartment in Southfield is $1,201. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Southfield, MI
|Average Rent||Average Apartment Size|
|$1,201||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
14,955 or 46% of the households in Southfield, MI are renter-occupied while 17,010 or 53% are owner-occupied.
Southfield, MI Rent Trends
|Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Nov / 2021||Jun / 2022|
Average Rent in Southfield, MI By Neighborhood
|Village Of Clarkston||$1,368|
|Orchard Lake Village||$1,115|
What are the most affordable neighborhoods in Southfield?
The most affordable neighborhoods in Southfield 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 Southfield rent of $1,201/mo.
What are the most expensive neighborhoods in Southfield?
What are the most popular neighborhoods in Southfield?
The most popular neighborhood in Southfield is Farmington Hills, where there are 15 verified RentCafe listings with an average rent of $1,337. Next up is Pontiac, where apartments go for $975/month, followed by Novi with $1,487 If you’re looking to rent in Southfield’s most popular neighborhoods, make sure to also check out Royal Oak, where renters pay $1,304 on average, and Rochester Hills, where the average monthly rent is $1,385.
Southfield | Rent Comparison by Neighborhood
Rent in Auburn Hills is 40% higher than in Berkley
Auburn Hills rent is 12% higher than Southfield average
Berkley rent is 20% lower than Southfield average
How Southfield Compares to Other Cities