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City Report · MI

Commerce Township

·5th most expensive in Michigan·Commerce Township rents are up 11.1% over the past year
Median rent (all units)
$2,206/mo
Year-over-Year
+11.1%
Month-over-Month
+2.1%
vs US Median
+$241
Rising (Monthly)
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Most AffordableMost Expensive
Commerce Township · $2,206
More expensive than 69% of US cities · National median $1,965/mo
Rent Reality Score
33/100
Overpriced
OverheatedFairGreat value

Rents are 9% above what Commerce Township's 10-year trend predicts — running hotter than its own history.

Actual rent
$2,206/mo
Expected by trend
$2,032/mo
The Rent Reality Score compares today's median rent to where Commerce Township's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,330
1 BR
$1,460
2 BR
$1,850
3 BR
$2,270
4 BR+
$2,450
Research median
$1,850/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
$26,472/yr
At $2,206/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.1% YoY, +2.1% MoM), not inventory.
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2022 vs 2026

How Commerce Township, MI has changed in 5 years

Rent
$1,770 → $2,206
up 24.6%

Across the past five years, the going rent in Commerce Township, MI has shifted from $1,770 to $2,206, up 24.6% since 2022. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Commerce Township, MI market of 2022.

Community

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View Commerce Township rent history (2015–2026) →
Salary vs rent

Can you afford rent in Commerce Township on your salary?

At $2,206/mo, how Commerce Township rent compares to typical pay (30% rule).

By apartment size

Commerce Township rent by bedroom count

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

Local insights

Tips for renters in Commerce Township

About renting in Commerce Township, MI

Last updated: July 20, 2026

The median rent in Commerce Township is $2,206/mo as of July 2026. A studio apartment averages $1,330/mo while a 2-bedroom runs $1,850/mo. One-bedroom apartments average $1,460/mo and 3-bedroom units go for $2,270/mo.

At 37% of estimated US median household income ($72,000/yr), Commerce Township ranks as moderate compared to the national benchmark of 30%. Rents have increased 11.1% over the past year.

FAQ

Frequently asked questions

Is Commerce Township an affordable city for renters?

Commerce Township is considered moderate for renters. At $2,206/mo, rent takes approximately 37% of the US median household income ($72,000/yr). The standard benchmark is 30%. Commerce Township slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Commerce Township?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (~$42/hour full-time) to afford the median rent of $2,206/mo in Commerce Township.

Is rent going up or down in Commerce Township?

Rent in Commerce Township has increased 11.1% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Commerce Township rent compare to other cities in Michigan?

Commerce Township is one of the pricier cities in Michigan for rent, ranking #5 out of 95 tracked cities at $2,206/mo.

Which nearby cities are cheaper to rent in than Commerce Township?

Several nearby cities have lower median rents than Commerce Township ($2,206/mo): Farmington Hills ($1,435/mo), Northville ($1,855/mo), Novi ($1,857/mo).

How does Commerce Township rent compare to the national average?

Commerce Township's median rent of $2,206/mo is $241 (12%) above the US national median of $1,965/mo. Within Michigan, it ranks #5 out of 95 tracked cities.
Income Affordability
37%
MODERATE

At $2,206/mo, rent takes ~37% of US median household income ($72,000/yr). The standard benchmark is 30%.

Commerce Township 37%Benchmark 30%
State income tax4.25%
Run the Commerce Township affordability calculator →
Lowest-rent ZIP codes in Commerce Township
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Commerce Township, MI

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