Last updated
Average Rent in Farmington Hills, MI & Rent Trends
Rent prices and market trends across 7 apartment communities in Farmington Hills, MI. Updated daily.
Market Average
$1,652/mo
▼ 3.9% from last month
Lowest Available
$1,099/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
27
available now
Price Cuts This Week in Farmington Hills, MI
18 listed units across 5 buildings offering 2 bed units in Farmington Hills, MI dropped their asking rent in the past 7 days, an average cut of $46/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Ascent at Farmington Hills | Unit 8, Maple | $2,115 | $2,000 | $115 |
| Chatham Hills Apartments | Unit 2 | $1,410 | $1,300 | $110 |
| Spring Valley Apartments | Unit 13-7978, Marquette | $1,939 | $1,855 | $84 |
| Ascent at Farmington Hills | Unit 1, Birch | $1,585 | $1,505 | $80 |
| Ascent at Farmington Hills | Unit 9, Oak | $2,065 | $1,990 | $75 |
| Ascent at Farmington Hills | Unit 7, Maple | $2,005 | $1,935 | $70 |
| Hidden Valley | Unit 1 | $1,240 | $1,180 | $60 |
| Carnegie Park | Unit 6, C2 Renovated | $1,740 | $1,690 | $50 |
Rent by Neighborhood in Farmington Hills, MI
Compare average rent across Farmington Hills, MI neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Farmington Hills 48331 | $1,742 | ▲ $28 | $1,489 | 2 | 22 |
| Bingham Farms 48025 | $1,412 | ▼ $22 | $1,055 | 1 | 21 |
| Farmington 48335 | $1,300 | ▼ $4 | $1,129 | 2 | 9 |
| Southfield 48034 | $1,249 | ▼ $155 | $849 | 3 | 22 |
| Southfield 48033 | $1,180 | - | $1,180 | 1 | 1 |
Is Rent Going Up or Down in Farmington Hills, MI?
As of August 2026, the average rent in Farmington Hills, MI is $1,652 per month across 7 apartment communities and 27 available units. Rents have decreased $61 (3.9%) over the past month.
The most affordable option is Kaftan Communities starting at $1,099/mo. By unit type, a 2-bedroom averages $1,652/mo.
Prices range from $1,099 to $2,000 per month. The most common price point is the $1,800 range, where 10 units are currently listed.
Farmington Hills, MI Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,552 | - | 6 |
| August 2026 | $1,510 | -$42 | 7 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in Farmington Hills, MI
Rent Prices by Apartment in Farmington Hills, MI
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Kaftan Communities | $1,099/mo | $1,199/mo | 2 | 3.2 |
| Hidden Valley | $1,180/mo | $1,180/mo | 1 | 3.7 |
| Windemere Apartments | $1,302/mo | $1,370/mo | 4 | 4.2 |
| Chatham Hills Apartments | $1,340/mo | $1,340/mo | 1 | 4.4 |
| Spring Valley Apartments | $1,537/mo | $1,736/mo | 7 | 4.2 |
| Carnegie Park | $1,600/mo | $1,733/mo | 5 | 3.6 |
| Ascent at Farmington Hills | $1,820/mo | $1,914/mo | 7 | 3.9 |
Frequently Asked Questions About Rent in Farmington Hills, MI
What is the average rent in Farmington Hills, MI?
Is rent going up or down in Farmington Hills, MI?
What is the cheapest apartment in Farmington Hills, MI?
How many apartments are available in Farmington Hills, MI?
What salary do I need to live comfortably in Farmington Hills, MI?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$66,000/year
Based on the 30 percent rule, using our tracked average rent of $1,652/mo.
Comfortable income
$79,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,099/mo), you need to earn at least $44,000/year.
Median household income in Farmington Hills, MI is $101,863 , about 28% above the comfortable-living threshold.
Cost of living in Farmington Hills, MI
Overall prices in Farmington Hills, MI 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 Farmington Hills, MI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,652 |
| Utilities | $400 |
| Groceries | $529 |
| Transportation | $954 |
| Healthcare | $466 |
| Other goods and services | $745 |
| Estimated total | $4,746/mo |
Population
83,316
Median household income
$101,863
Census median rent
$1,475/mo
Rent as % of income
25.5%
Median age
41.4
Mean commute
25 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
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
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
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.
Google Search Trends for Farmington Hills, MI Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Farmington Hills, MI Apartments
Browse all 7 communities with daily-updated pricing and availability.