Sterling Heights, MI Rental Market Trends
What is the average rent in Sterling Heights?
The average rent for an apartment in Sterling Heights is $1,012, a 8% increase compared to the previous year.
Average Rent in Sterling Heights, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,012 | 8% | 865 sq. ft. |
What is the average apartment size in Sterling Heights?
The average size for a Sterling Heights, MI apartment is 865 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-$7006%
- $701-$1,00055%
- $1,001-$1,50033%
- $1,501-$2,0006%
Sterling Heights, MI Occupied Housing Units
- Renter-occupied Households30%
- Owner-occupied Households69%
15,473 or 30% of the households in Sterling Heights, MI are renter-occupied while 34,609 or 69% are owner-occupied.
Sterling Heights, MI Rent Trends
| Average Rent | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Feb / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sterling Heights, MI | $889 | $881 | $903 | $920 | $907 | $931 | $949 | $929 | $952 | $1,008 | $1,012 |
| National | $1,317 | $1,348 | $1,357 | $1,361 | $1,393 | $1,400 | $1,401 | $1,391 | $1,393 | $1,399 |
Average Rent in Sterling Heights, MI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Greater Sterling Heights | $1,124 |
| Utica | $1,122 |
| St. Clair Shores | $1,098 |
| Greater Mount Clemens | $964 |
| Romeo | $949 |
| New Baltimore | $884 |
| Roseville | $824 |
| Mount Clemens | $809 |
| Fraser | $764 |
| Greater Richmond | $752 |
| Richmond | $752 |
| Eastpointe | $668 |
What are the most affordable neighborhoods in Sterling Heights?
The most affordable neighborhoods in Sterling Heights are Eastpointe, where the average rent goes for $668/month, Greater Richmond, where renters pay $752/mo on average, and Richmond, where the average rent goes for $752/mo. If you’re looking for other great deals, check out the listings from Fraser ($764), Mount Clemens ($809), and Roseville ($824), where the asking prices are below the average Sterling Heights rent of $1,012/mo.
What are the most expensive neighborhoods in Sterling Heights?
The most expensive neighborhoods in Sterling Heights are St. Clair Shores ($1,098), Utica ($1,122) and Greater Sterling Heights ($1,124).
What are the most popular neighborhoods in Sterling Heights?
The most popular neighborhood in Sterling Heights is Greater Mount Clemens, where there are 15 verified RENTCafé listings with an average rent of $964. Next up is Greater Sterling Heights, where apartments go for $1,124/month, followed by Roseville with $824 If you’re looking to rent in Sterling Heights’s most popular neighborhoods, make sure to also check out Eastpointe, where renters pay $668 on average, and Fraser, where the average monthly rent is $764.
Sterling Heights | Rent Comparison by Neighborhood
Rent in Eastpointe is 13% lower than in Fraser
Eastpointe rent is 34% lower than Sterling Heights average
| Average Rent | $668 |
|---|
Fraser rent is 25% lower than Sterling Heights average
| Average Rent | $764 |
|---|
How Sterling Heights Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,140 | 4% |
| East Lansing | $1,299 | n/a |
| Ann Arbor | $1,595 | 1% |
| Detroit | $1,105 | 3% |
| Lansing | $906 | 3% |
| Southfield | $1,103 | 1% |
| Farmington Hills | $1,187 | 1% |
| Pontiac | $894 | 7% |
| Royal Oak | $1,150 | 11% |
| Rochester Hills | $1,264 | 6% |
| Sterling Heights | $1,012 | 8% |