Sterling Heights, MI Rental Market Trends
Highlights
The average rent for an apartment in Sterling Heights is $907, a 3% increase compared to the previous year, when the average rent was $881.
Average Rent in Sterling Heights, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $907 | 3% | 881 sq. ft. |
The average size for a Sterling Heights, MI apartment is 881 square feet, but this number varies greatly depending on apartment type. 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-$70016%
- $701-$1,00060%
- $1,001-$1,50021%
- $1,501-$2,0002%
- > $2,0001%
Sterling Heights, MI Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Sept / 2018 | Jul / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sterling Heights, MI | $820 | $842 | $844 | $842 | $863 | $889 | $881 | $881 | $920 | $907 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 | $1,430 |
Average Rent in Sterling Heights, MI By Neighborhood
| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | Average Rent | ||||
| Eastpointe | $635 | ||||
| Fraser | $667 | ||||
| Richmond | $721 | ||||
| Greater Richmond | $721 | ||||
| Mount Clemens | $755 | ||||
| Roseville | $768 | ||||
| New Baltimore | $798 | ||||
| Greater Mount Clemens | $849 | ||||
| Romeo | $854 | ||||
| Utica | $1,017 | ||||
| Greater Sterling Heights | $1,036 | ||||
| St. Clair Shores | $1,051 | ||||
The most affordable neighborhoods in Sterling Heights are Eastpointe, where the average rent goes for $635/month, Fraser, where renters pay $667/mo on average, and Greater Richmond, where the average rent goes for $721/mo. If you’re looking for other great deals, check out the listings from Richmond ($721), Mount Clemens ($755), and Roseville ($768), where the asking prices are below the average Sterling Heights rent of $907/mo.
The most expensive neighborhoods in Sterling Heights are Utica ($1,017), Greater Sterling Heights ($1,036) and St. Clair Shores ($1,051).
Sterling Heights | Rent Comparison by Neighborhood
Rent in Eastpointe is 5% lower than in Fraser
Eastpointe rent is 30% lower than Sterling Heights average
| Average Rent | $635 |
|---|
Fraser rent is 26% lower than Sterling Heights average
| Average Rent | $667 |
|---|
How Does Sterling Heights Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Sterling Heights | $907 | 3% |
| Warren | $796 | 4% |
| Roseville | $768 | 4% |
| Eastpointe | $635 | -2% |
| Mount Clemens | $755 | 2% |
| New Baltimore | $798 | 3% |
| Utica | $1,017 | 4% |
| Center Line | $693 | 3% |
| Fraser | $667 | 2% |
For more information about the Sterling Heights rental trends, check out our monthly rent report