Highland Park, Wayne County, MI Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Highland Park is $924, a 1.58% decrease compared to the previous year, when the average rent was $939.
Studio Apartments at $648 offer the most budget-friendly option with 500 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 680 square feet for $816, balancing privacy and affordability.
Two-beedroom units at $1,040 offer 872 square feet, perfect for roommates or small families.
Average rent in Highland Park, Wayne County, MI
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $924 | 773 sq. ft. |
| Studio | $648 | 500 sq. ft. |
| 1 Bed | $816 | 680 sq. ft. |
| 2 Beds | $1,040 | 872 sq. ft. |
| 3 Beds | n/a | n/a |
Highland Park, Wayne County, MI rent trends
Rental prices in Highland Park, Wayne County, MI have decreased by 1.58% over the past year. The average rent moved from $939 to $924.
What's the typical rent budget in Highland Park, Wayne County, MI?
The largest share of rentals in Highland Park, Wayne County, MI (62%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Highland Park, Wayne County, MI?
2,085 or 55% of the households in Highland Park, Wayne County, MI are renter-occupied while 1,733 or 45% are owner-occupied.
How Highland Park Compares to Other Cities
| City | Average Rent |
|---|---|
| Highland Park | $924 |
| Detroit | $1,312 |
| Grand Rapids | $1,591 |
| Ann Arbor | $2,039 |
| Lansing | $1,198 |
| East Lansing | $1,706 |
| Kalamazoo | $1,316 |
| Southfield | $1,381 |
| Farmington Hills | $1,495 |
| Ypsilanti | $1,288 |
| Westland | $1,162 |
| Troy | $1,594 |
| Sterling Heights, MI | $1,256 |
| Royal Oak | $1,520 |
| Taylor, MI | $1,173 |
| Rochester Hills, MI | $1,701 |
| Warren, MI | $1,102 |
| Dearborn, MI | $1,717 |
| Ferndale, MI | $2,162 |
| Livonia, MI | $1,422 |
| Madison Heights, MI | $1,264 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Highland Park apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.