City Report · MI

Chesterfield

·33rd most expensive in Michigan·Rental market data updated monthly for Chesterfield, MI
Median rent (all units)
$1,695/mo
Year-over-Year
+4.4%
Month-over-Month
-1.6%
vs US Median
-$237
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Chesterfield · $1,695
More affordable than 61% of US cities · National median $1,932/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $1,695/mo, rent takes about 28% of the US median household income, comfortably within the 30% benchmark.

Income to afford
$68,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Chesterfield's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$1,000
2 BR
$1,260
3 BR
$1,540
4 BR+
$1,670
Fair Market Rent (HUD)
$1,260/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,695 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Michigan

Rent in Chesterfield changed +4.4% over the year to September 2026. Across the 79 Michigan cities Zillow tracks, the typical change was +4.1%.

Recent direction

Rent rose in 8 of the last 12 months.

Cheaper nearby

Harrison Township, 6 miles away, rents for 23% less ($1,307/mo), about $4,700 a year in savings.

From Zillow's monthly rent index (ZORI) for Chesterfield.

Annual cost
$20,340/yr
At $1,695/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+4.4% YoY, -1.6% MoM), not inventory.
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Community

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View Chesterfield rent history (2015–2026) →
Salary vs rent

Can you afford rent in Chesterfield on your salary?

At $1,695/mo, how Chesterfield rent compares to typical pay (30% rule).

By apartment size

Chesterfield rent by bedroom count

Median rent for each apartment size in Chesterfield. Click any size for full breakdown.

Local insights

Tips for renters in Chesterfield

About renting in Chesterfield, MI

Last updated: October 17, 2026

The median rent in Chesterfield is $1,695/mo as of October 2026. A studio apartment averages $910/mo while a 2-bedroom runs $1,260/mo. One-bedroom apartments average $1,000/mo and 3-bedroom units go for $1,540/mo.

At 28% of estimated US median household income ($72,000/yr), Chesterfield ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Chesterfield?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,695/mo in Chesterfield.

Is rent going up or down in Chesterfield?

Rent in Chesterfield has risen 4.4% over the past year.

How does Chesterfield rent compare to other cities in Michigan?

Chesterfield is one of the pricier among Michigan cities for rent, ranking #33 of 100 tracked cities at $1,695/mo. Over the year to September 2026, rent in Chesterfield changed +4.4%, against a typical +4.1% across the 79 Michigan cities Zillow tracks.

Which nearby cities are cheaper to rent in than Chesterfield?

Nearby cities with lower median rent than Chesterfield ($1,695/mo) include Mount Clemens ($1,258/mo), Clinton Township ($1,297/mo), and Harrison Township ($1,307/mo).
Income Affordability
28%
AFFORDABLE

At $1,695/mo, rent takes ~28% of US median household income ($72,000/yr). The standard benchmark is 30%.

Chesterfield 28%Benchmark 30%
State income tax4.25%
Run the Chesterfield affordability calculator →
Lowest-rent ZIP codes in Chesterfield
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Chesterfield, MI

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