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Average Rent in Elizabeth Lake & Rent Trends

What is the average rent in Elizabeth Lake?

The average listed apartment rent in Elizabeth Lake is $1,103 per month, as of October 17, 2026. This sample includes 27 priced apartments in 1 building. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 1 apartment community in Elizabeth Lake, Auburn Hills, MI. Prices update after successful source checks.

Area All Areas Elizabeth Lake Clinton River Valley Oakland Farms
Auburn Hills 48326
Pontiac 48340
Beds All Bedrooms 1 Bed 2 Bed 3 Bed 4 Bed

Showing any bedrooms in Elizabeth Lake.

Market Average

$1,103/mo

Lowest Available

$940/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

27

available now

Rent Watch: cuts and increases

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See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Elizabeth Lake vs Auburn Hills, MI Average

Elizabeth Lake is cheaper than the Auburn Hills, MI average by $705/mo (39%). The citywide average is $1,808/mo across all neighborhoods.

Is Rent Going Up or Down in Elizabeth Lake?

As of October 2026, the average rent in Elizabeth Lake is $1,103 per month across 1 apartment community and 27 available units.

The most affordable option is Rivers Edge Apartments starting at $940/mo. By unit type, a 1-bedroom averages $981/mo, a 2-bedroom averages $1,145/mo.

Prices range from $940 to $1,192 per month. The most common price point is the $1,000 range, where 22 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Elizabeth Lake

1 Bed
$981
from $940 · 7 units
2 Bed
$1,145
from $1,075 · 20 units

Rent Prices by Apartment in Elizabeth Lake

Property Starting at Average Units Rating
Rivers Edge Apartments $940/mo $1,103/mo 27 4.3

Frequently Asked Questions About Rent in Elizabeth Lake

How many bedrooms are you looking for?

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What is the average rent in Elizabeth Lake?
The average listed apartment rent in Elizabeth Lake is $1,103 per month, as of October 17, 2026. This sample includes 27 priced apartments in 1 building. These are tracked asking prices, not signed leases.

What rent range can I find in Elizabeth Lake?
The apartment listings we track in Elizabeth Lake range from $940 to $1,192 per month, as of October 17, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Elizabeth Lake?
There is not enough comparable history to report a reliable 30-day rent change for apartment listings in Elizabeth Lake. Missing dates or a change in the buildings we track can prevent a comparison. Missing history does not mean rents stayed flat.

How much is a 1-bedroom apartment in Elizabeth Lake?
1-bedroom apartments average $981 per month across 7 priced listings in Elizabeth Lake. Listed rents range from $940 to $1,010 per month, as of October 17, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in Elizabeth Lake?
2-bedroom apartments average $1,145 per month across 20 priced listings in Elizabeth Lake. Listed rents range from $1,075 to $1,192 per month, as of October 17, 2026. Compare apartments with similar floor plans and lease terms.

How do 1-bedroom and 2-bedroom rents compare in Elizabeth Lake?
The 1-bedroom average is $981 per month across 7 listings. The 2-bedroom average is $1,145 across 20 listings, $164 (16.7%) higher. This is a comparison of listing groups, not the cost to upgrade a specific apartment.

Which tracked building has the lowest starting rent in Elizabeth Lake?
Rivers Edge Apartments has the lowest starting rent among the buildings in the comparison table, at $940 per month. We track 27 priced listings matching your bedroom choice in that building, as of October 17, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Elizabeth Lake?
The $1,000 to $1,200 monthly range has the most matching listings: 22 units, or 81.5% of the priced apartments we track in Elizabeth Lake. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Elizabeth Lake?
We track 27 priced units at 1 apartment building, as of October 17, 2026. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for Elizabeth Lake?
We do not yet have enough accepted price records to draw a history chart for apartment listings in Elizabeth Lake. Current asking prices can appear before rent history is ready. We do not fill missing history with zero or with prices for a different bedroom count.

Why can the headline rent differ from the trend chart in Elizabeth Lake?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Elizabeth Lake rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was October 17, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

What salary do I need to live comfortably in Elizabeth Lake?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$44,000/year

Based on the 30 percent rule, using our tracked average rent of $1,103/mo.

Comfortable income

$53,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($940/mo), you need to earn at least $38,000/year.

Median household income in Elizabeth Lake is $78,727 , about 49% above the comfortable-living threshold.

Explore Elizabeth Lake Apartments

Browse all 1 communities with daily-updated pricing and availability.

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Cost of living in Elizabeth Lake

Overall prices in Elizabeth Lake runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Elizabeth Lake's regional price parities.

Category Monthly estimate
Rent (market average) $1,103
Utilities $400
Groceries $529
Transportation $954
Healthcare $466
Other goods and services $745
Estimated total $4,197/mo

Population

24,911

Median household income

$78,727

Census median rent

$1,411/mo

Census rent burden

26.0%

Median age

36.2

Mean commute

23 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.
Michigan Rent Trends
Compare rent across all Michigan cities
Auburn Hills, MI Neighborhood Rent Map
See rent history by neighborhood on a map
Explore Auburn Hills, MI on Map
See neighborhoods and rent data interactively
US-wide rent comparison
See how Auburn Hills, MI rents stack up against the national median

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