How much does it cost to rent in Farmington Hills, MI?

As of July 2026, the median monthly rent in Farmington Hills, MI is $1,435. This figure is based on aggregated data from public sources and community-submitted rents.

Is Farmington Hills cheaper than other Michigan cities?

Farmington Hills falls in the middle range for Michigan, ranking #60 out of 95 cities at $1,435/mo.

When was Farmington Hills rent data last updated?

Farmington Hills rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · MI

Farmington Hills

Name: Average Rent Prices in Farmington Hills, MI
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 83,515·60th most expensive in Michigan·Rental market data updated monthly for Farmington Hills, MI

Median rent (all units)

$1,435/mo

Year-over-Year

+1.9%

Month-over-Month

+0.8%

vs US Median

-$530

Rising (Monthly)

Be the first to discuss Farmington Hills rents ↓

Most AffordableMost Expensive

Farmington Hills · $1,435

More affordable than 80% of US cities · National median $1,965/mo

Rent Reality Score

66/100

Good value

OverheatedFairGreat value

Rents are 8% below what Farmington Hills's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,435/mo

Expected by trend

$1,557/mo

The Rent Reality Score compares today's median rent to where Farmington Hills's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,220

1 BR

$1,340

2 BR

$1,695

3 BR

$2,080

4 BR+

$2,245

Research median

$1,695/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$17,220/yr

At $1,435/mo median

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.9% YoY, +0.8% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Farmington Hills, MI is majority owner-occupied, has a large retiree population, has a median income above the national average, 57.6% of residents hold a bachelor's degree or higher.

Population

83,515

Median income

$104,836

Median age

42.6

Renters

35.3%

Age distribution

17.8%

23%

24.5%

13.5%

21.2%

Under 1817.8%

18–3423%

35–5424.5%

55–6413.5%

65+21.2%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

59.7%

18.3%

14%

White59.7%

Black18.3%

Hispanic2.6%

Asian14%

Other5.4%

Education (25+)

14.4%

24%

57.6%

No HS diploma4%

HS diploma14.4%

Some college24%

Bachelor's+57.6%

Housing tenure

64.7%

35.3%

Owner64.7%

Renter35.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Farmington Hills, MI has changed in 5 years

Rent

$1,137 → $1,435

up 26.2%

Income

$93,434 → $104,836

up 12.2%

Population

83,749 → 83,515

down 0.3%

Renter share

36.2% → 35.3%

-0.9 pts

Bachelor's+

56.6% → 57.6%

+1.0 pts

Median age

42.1 → 42.6

+0.5 yrs

Across the past five years, the going rent in Farmington Hills, MI has shifted from $1,137 to $1,435, up 26.2% since 2021. On the earnings side, the typical household in Farmington Hills, MI now reports about $104,836, up from $93,434 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Farmington Hills, MI reflects that arc in its own way.

Community

Discussions about Farmington Hills

No discussions yet. Start the conversation.

View Farmington Hills rent history (2015–2026) →

Salary vs rent

Can you afford rent in Farmington Hills on your salary?

At $1,435/mo, how Farmington Hills rent compares to typical pay (30% rule).

Registered Nurse

Avg $90,701/yr · Rent = 19% income

very comfortable

Elementary School Teacher

Avg $64,397/yr · Rent = 26.7% income

affordable

Police Officer

Avg $74,179/yr · Rent = 23.2% income

affordable

Software Developer

Avg $132,586/yr · Rent = 13% income

very comfortable

Lawyer

Avg $169,411/yr · Rent = 10.2% income

very comfortable

Firefighter

Avg $60,298/yr · Rent = 28.6% income

affordable

Truck Driver

Avg $54,442/yr · Rent = 31.6% income

stretched

Electrician

Avg $67,104/yr · Rent = 25.7% income

affordable

By apartment size

Farmington Hills rent by bedroom count

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

Local insights

Tips for renters in Farmington Hills

About renting in Farmington Hills, MI

Last updated: July 20, 2026

The median rent in Farmington Hills is $1,435/mo as of July 2026. A studio apartment averages $1,220/mo while a 2-bedroom runs $1,695/mo. One-bedroom apartments average $1,340/mo and 3-bedroom units go for $2,080/mo.

At 16% of local median household income ($104,836/yr), Farmington Hills ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

Is Farmington Hills an affordable city for renters?

Farmington Hills is considered very affordable for renters. At $1,435/mo, rent takes approximately 16% of the local median household income ($104,836/yr). The standard benchmark is 30%. Farmington Hills falls comfortably within that range.

How much income do you need to rent in Farmington Hills?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,435/mo in Farmington Hills. The local median household income is $104,836/yr, meaning the typical Farmington Hills household meets that threshold.

Is rent going up or down in Farmington Hills?

Rent in Farmington Hills has increased 1.9% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Farmington Hills neighborhoods have the lowest rent?

The most affordable ZIP codes in Farmington Hills are 48336 ($1,653/mo), and 48331 ($1,768/mo). Citywide, the median rent in Farmington Hills is $1,435/mo.

How does Farmington Hills rent compare to other cities in Michigan?

Farmington Hills is middle-of-the-pack for Michigan for rent, ranking #60 out of 95 tracked cities at $1,435/mo.

What percentage of Farmington Hills residents rent vs. own?

According to Census data, approximately 35.3% of Farmington Hills households are renters, while 64.7% are owner-occupied. Farmington Hills leans toward homeownership, which can mean a smaller rental inventory.

How does Farmington Hills rent compare to the national average?

Farmington Hills's median rent of $1,435/mo is $530 (27%) below the US national median of $1,965/mo. Within Michigan, it ranks #60 out of 95 tracked cities.

Income Affordability

16%

VERY AFFORDABLE

At $1,435/mo, rent takes ~16% of Farmington Hills's median household income ($104,836/yr). The standard benchmark is 30%.

Farmington Hills 16%Benchmark 30%

State income tax4.25%

Run the Farmington Hills affordability calculator →

Nearby cities