City Report · MI

Chesterfield

·26th most expensive in Michigan·Rental market data updated monthly for Chesterfield, MI
Median rent (all units)
$1,781/mo
Year-over-Year
-0.4%
Month-over-Month
-2.8%
vs US Median
-$184
Falling (Monthly)
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Most AffordableMost Expensive
Chesterfield · $1,781
More affordable than 55% of US cities · National median $1,965/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $1,781/mo, rent takes about 30% of the US median household income, slightly above the 30% benchmark.

Income to afford
$71,000/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
Research median
$1,260/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$21,372/yr
At $1,781/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.4% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-0.4% YoY, -2.8% 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 $1,781/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: July 20, 2026

The median rent in Chesterfield is $1,781/mo as of July 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 30% of estimated US median household income ($72,000/yr), Chesterfield ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.4% over the past year.

FAQ

Frequently asked questions

Is Chesterfield an affordable city for renters?

Chesterfield is considered moderate for renters. At $1,781/mo, rent takes approximately 30% of the US median household income ($72,000/yr). The standard benchmark is 30%. Chesterfield slightly exceeds that threshold, so budgeting carefully matters here.

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 $71,000/year (~$34/hour full-time) to afford the median rent of $1,781/mo in Chesterfield.

Is rent going up or down in Chesterfield?

Rent in Chesterfield has been relatively stable over the past year, with a 0.4% change year over year as of July 2026.

How does Chesterfield rent compare to other cities in Michigan?

Chesterfield is one of the pricier cities in Michigan for rent, ranking #26 out of 95 tracked cities at $1,781/mo.

Which nearby cities are cheaper to rent in than Chesterfield?

Several nearby cities have lower median rents than Chesterfield ($1,781/mo): Mount Clemens ($1,247/mo), Harrison Township ($1,254/mo), Clinton Township ($1,291/mo).

How does Chesterfield rent compare to the national average?

Chesterfield's median rent of $1,781/mo is $184 (9%) below the US national median of $1,965/mo. Within Michigan, it ranks #26 out of 95 tracked cities.
Income Affordability
30%
MODERATE

At $1,781/mo, rent takes ~30% of US median household income ($72,000/yr). The standard benchmark is 30%.

Chesterfield 30%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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