Sterling Heights, MI Rental Market Trends
Highlights
The average rent for an apartment in Sterling Heights is $928, a 2% increase compared to the previous year.
Average Rent in Sterling Heights, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $928 | 2% | 858 sq. ft. |
The average size for a Sterling Heights, MI apartment is 858 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.
Sterling Heights, MI Apartment Rent Ranges
- $501-$7007%
- $701-$1,00068%
- $1,001-$1,50023%
- $1,501-$2,0002%
- > $2,0001%
Sterling Heights, MI Occupied Housing Units
- Renter-occupied Households30%
- Owner-occupied Households69%
15,486 or 30% of the households in Sterling Heights, MI are renter-occupied while 34,537 or 69% are owner-occupied.
Sterling Heights, MI Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sterling Heights, MI | $844 | $842 | $863 | $889 | $881 | $903 | $920 | $907 | $931 | $949 | $928 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Sterling Heights, MI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Eastpointe | $670 |
| Fraser | $673 |
| Richmond | $722 |
| Greater Richmond | $722 |
| Mount Clemens | $787 |
| Roseville | $796 |
| New Baltimore | $811 |
| Romeo | $840 |
| Greater Mount Clemens | $898 |
| Utica | $1,040 |
| Greater Sterling Heights | $1,060 |
| St. Clair Shores | $1,084 |
The most affordable neighborhoods in Sterling Heights are Eastpointe, where the average rent goes for $670/month, Fraser, where renters pay $673/mo on average, and Greater Richmond, where the average rent goes for $722/mo. If you’re looking for other great deals, check out the listings from Richmond ($722), Mount Clemens ($787), and Roseville ($796), where the asking prices are below the average Sterling Heights rent of $928/mo.
The most expensive neighborhoods in Sterling Heights are Utica ($1,040), Greater Sterling Heights ($1,060) and St. Clair Shores ($1,084).
The most popular neighborhood in Sterling Heights is Greater Mount Clemens, where there are 13 verified RENTCafé listings with an average rent of $898. Next up is Greater Sterling Heights, where apartments go for $1,060/month, followed by Roseville with $796 If you’re looking to rent in Sterling Heights’s most popular neighborhoods, make sure to also check out Eastpointe, where renters pay $670 on average, and Fraser, where the average monthly rent is $673.
Sterling Heights | Rent Comparison by Neighborhood
Rent in Eastpointe is 1% lower than in Fraser
Eastpointe rent is 28% lower than Sterling Heights average
| Average Rent | $670 |
|---|
Fraser rent is 27% lower than Sterling Heights average
| Average Rent | $673 |
|---|
How Sterling Heights Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,082 | 5% |
| East Lansing | $1,294 | n/a |
| Detroit | $1,069 | 1% |
| Lansing | $880 | 3% |
| Ann Arbor | $1,580 | 3% |
| Southfield | $1,093 | 6% |
| Pontiac | $833 | 2% |
| Rochester Hills | $1,192 | 3% |
| Warren | $835 | 4% |
| Sterling Heights | $928 | 2% |
| Auburn Hills | $1,151 | 3% |
For more information about the Sterling Heights rental trends, check out our monthly rent report
Check out Michigan Cities, Michigan Neighborhoods and Michigan Zip Codes for more details on verified listings, including the Michigan Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!