Last updated
Average Rent in Southfield, MI & Rent Trends
Rent prices and market trends across 7 apartment communities in Southfield, MI. Updated daily.
Market Average
$1,556/mo
▲ +6.5% from last month
Lowest Available
$1,235/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
32
available now
Price Cuts This Week in Southfield, MI
11 listed units across 3 buildings offering 2 bed units in Southfield, MI dropped their asking rent in the past 7 days, an average cut of $158/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Lancaster Hills | Unit 11, Woodville | $1,890 | $1,525 | $365 |
| Lancaster Hills | Unit 12, Woodville | $1,895 | $1,530 | $365 |
| Oak Park Gardens | Unit 5 | $1,635 | $1,410 | $225 |
| Versailles | Unit 5, Truffaut | $1,380 | $1,180 | $200 |
| Lancaster Hills | Unit 8, Langley | $1,831 | $1,685 | $146 |
| Lancaster Hills | Unit 1, Bolingbroke | $1,820 | $1,675 | $145 |
| Lancaster Hills | Unit 7, Langley | $1,685 | $1,550 | $135 |
| Lancaster Hills | Unit 8, Woodville | $1,780 | $1,705 | $75 |
Rent by Neighborhood in Southfield, MI
Compare average rent across Southfield, MI neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Royal Oak 48067 | $1,975 | ▼ $40 | $1,975 | 1 | 3 |
| Southfield 48034 | $1,782 | ▲ $91 | $1,525 | 1 | 10 |
| Southfield 48076 | $1,496 | ▲ $22 | $1,313 | 1 | 13 |
| Oak Park 48237 | $1,495 | ▲ $3 | $1,240 | 3 | 20 |
| Winship | $1,370 | ▲ $3 | $1,279 | 1 | 2 |
| Royal Oak 48073 | $1,240 | ▲ $3 | $1,240 | 1 | 1 |
| Holcomb Community | $1,207 | $0 | $1,207 | 1 | 3 |
Is Rent Going Up or Down in Southfield, MI?
As of September 2026, the average rent in Southfield, MI is $1,556 per month across 7 apartment communities and 32 available units. Rents have increased $95 (6.5%) over the past month.
The most affordable option is Oak Park Gardens starting at $1,235/mo. By unit type, a 2-bedroom averages $1,556/mo.
Prices range from $1,235 to $1,880 per month. The most common price point is the $1,400 range, where 15 units are currently listed.
Southfield, MI Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| August 2026 | $1,449 | - | 7 |
| September 2026 | $1,478 | +$29 | 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 Southfield, MI
Rent Prices by Apartment in Southfield, MI
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Oak Park Gardens | $1,235/mo | $1,364/mo | 5 | 4.1 |
| Sunrise Communities | $1,240/mo | $1,240/mo | 1 | 3.8 |
| Versailles | $1,390/mo | $1,501/mo | 5 | 4.6 |
| Kensington at Beverly Hills Apartments | $1,413/mo | $1,508/mo | 3 | 4.2 |
| Bowin Place | $1,461/mo | $1,461/mo | 1 | 3.1 |
| Lancaster Hills | $1,525/mo | $1,693/mo | 8 | 4 |
| Huntington Parc Townhomes | $1,559/mo | $1,632/mo | 9 | 3.6 |
Frequently Asked Questions About Rent in Southfield, MI
What is the average rent in Southfield, MI?
Is rent going up or down in Southfield, MI?
What is the cheapest apartment in Southfield, MI?
How many apartments are available in Southfield, MI?
What salary do I need to live comfortably in Southfield, 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
$62,000/year
Based on the 30 percent rule, using our tracked average rent of $1,556/mo.
Comfortable income
$75,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,235/mo), you need to earn at least $49,000/year.
Median household income in Southfield, MI is $65,848 , about 12% below the comfortable-living threshold.
Cost of living in Southfield, MI
Overall prices in Southfield, 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 Southfield, MI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,556 |
| Utilities | $400 |
| Groceries | $529 |
| Transportation | $954 |
| Healthcare | $466 |
| Other goods and services | $745 |
| Estimated total | $4,650/mo |
Population
76,025
Median household income
$65,848
Census median rent
$1,301/mo
Census rent burden
32.9%
Median age
42.1
Mean commute
24 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 Southfield, MI Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Southfield, MI Apartments
Browse all 7 communities with daily-updated pricing and availability.