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Studio Apartments for Rent in Farmington, MI - 2 Rentals available

We found 1 rental in Farmington, MI and 1 rental nearby

  • Apartment in Farmington
    21900 Farmington Road, Farmington, MI 48336
    $981 - $1,393
    • Studio-2 Beds
    • 1-2 Baths
    Oakland Management Corporation
    Available Today!
    (844) 468-0864

We found 1 rental within a 5-mile radius of Farmington, MI

  • Apartment in Southfield
    28509 Franklin Road, Southfield, MI 48034
    $859 - $1,225
    • Studio-2 Beds

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Farmington, MI Demographics

  • Total Population10,509
  • Female 5,032
    Male 5,477
  • Median Age38.9

Average Rent for Studios in Farmington, MI

  • The average rent for studios in Farmington, MI, November 2018$1,011/mo
  • Studio$558
  • 1 Bedroom$894
  • 2 Bedrooms$1,103

Farmington, MI Studios Rent Ranges

  • < $50042%
  • $501-$70042%
  • $701-$1,00017%

Farmington, MI Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Nov / 2018 $1,011 $558
Jan / 2018 $1,011 $558
Sept / 2017 $1,020 $524
May / 2017 $1,000 $533
Jan / 2017 $979 $548
Sept / 2016 $999 $545
May / 2016 $956 $552
Jan / 2016 $934 $520
Sept / 2015 $944 $522
May / 2015 $900 $500

Farmington, MI Households

  • Total Number of Households4,671
  • Family 2,844
    Non-family 1,827
  • Children 1,411
    No Children 3,260
  • Average People Per Household2.22
  • Median Household Income$62,261
  • Median Housing Costs Per Month$961

Farmington, MI Education Statistics

  • Some High School17%
  • Some College23%
  • Associate Degree6%
  • Bachelor Degree30%
  • Graduate Degree23%

Renting a studio apartment in Farmington, MI

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Farmington, MI is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 1 listing with a total of 1 unit, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time. Already a fan of living small? Why don’t you check out our selection of one room apartments—there’s always a better deal out there, you just have to know where to look for it (Bloomfield Hills is the cheapest neighborhood in town—wink wink).

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Farmington, MI with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Farmington, MI costs a monthly $1,393.