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33000 Covington Club Dr., Farmington Hills, MI 48334$2,595 - $2,885
- 2-3 Beds
- 2-2.5 Baths
Available Today!
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Farmington Hills, MI Demographics
- Total Population81,235
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Female 38,641Male 42,594
- Median Age43.7
Average Rent in Farmington Hills, MI
- Farmington Hills, MI Average Rental Price, April 2019$1,127/mo
Farmington Hills, MI Apartment Rent Ranges
- $501-$7002%
- $701-$1,00033%
- $1,001-$1,50055%
- $1,501-$2,0009%
- > $2,0001%
Farmington Hills, MI Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Apr / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Farmington Hills, MI | $1,001 | $1,016 | $1,055 | $1,043 | $1,071 | $1,094 | $1,081 | $1,081 | $1,127 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
Farmington Hills, MI Households
- Total Number of Households34,377
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Family 21,464Non-family 12,913
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Children 8,998No Children 25,379
- Average People Per Household2.34
- Median Household Income$76,637
- Median Housing Costs Per Month$1,234
Farmington Hills, MI Education Statistics
- No High School2%
- Some High School18%
- Some College24%
- Associate Degree7%
- Bachelor Degree27%
- Graduate Degree22%
Renting a house in Farmington Hills, MI
Some people just don’t buy into the American dream of owning your own house and sacrificing flexibility. Also, a 30-year mortgage is not the most pleasant thought to wake up with every morning. We understand. But what if you need some extra storage space? What if you like a backyard where you could throw BBQ parties and the kids could play in a safe environment? Luckily, you can forget the dreaded mortgage. Renting a house is the answer. There are 1 home for rent in Farmington Hills, MI. And it won’t necessarily cost an arm and a leg to rent the perfect home for your family. You can look into duplexes for rent too. Prices in Farmington Hills, MI for rental homes start at $2,575.
A rental house offers flexibility
Your family situation will change throughout your life. Renting makes it possible to match the size of your home to your lifestyle and financial situation. Maybe it’s just you and your significant other at the moment sharing a charming downtown apartment. But there’s a chance that at some point in time, a third family member will show-up and suddenly that 1 bedroom apartment you were so happy with will become too small. You will realize that you’d much rather prefer the comfort of your own backyard, than all the excitement your current neighborhood provides, that you no longer have time to enjoy anyway. If you want to continue living comfortably, you may want to rent a 2 bedroom house. Or maybe your oldest son turned into a young man who’s going off to college soon. You’ll find yourself in a 4 bedroom house that is suddenly too big. You could downsize and rent a 3 bedroom home with a pool, in a much nicer area. The flexibility of renting makes it possible.