City Report · MI

Madison Heights

Pop. 28,419·45th most expensive in Michigan·Rental market data updated monthly for Madison Heights, MI
Median rent (all units)
$1,565/mo
Year-over-Year
+3.0%
Month-over-Month
+0.7%
vs US Median
-$367
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Madison Heights · $1,565
More affordable than 71% of US cities · National median $1,932/mo
Rent Reality Score
59/100
Fairly priced
OverheatedFairGreat value

Rents are 5% below what Madison Heights's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,565/mo
Expected by trend
$1,640/mo
The Rent Reality Score compares today's median rent to where Madison Heights's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$990
1 BR
$1,080
2 BR
$1,370
3 BR
$1,680
4 BR+
$1,820
Fair Market Rent (HUD)
$1,370/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,565 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

Cheapest month to sign

December. Asking rents in Madison Heights usually run 0.6% below trend in December and 0.7% above it in July, about $20 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in Madison Heights is at its highest level since Zillow's records here began in March 2016.

Past year vs. the rest of Michigan

Rent in Madison Heights changed +3.0% over the year to September 2026. Across the 79 Michigan cities Zillow tracks, the typical change was +4.1%.

Rent vs. income since 2019

From 2019 to 2024, rent in Madison Heights rose 31.8% while median household income rose 30.1% ($53,439 to $69,503). Rent outpaced income.

Since before the pandemic

Rent in Madison Heights is 40.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($69,503) is $1,738 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,680); a 4-bedroom is $1,820.

Cheaper nearby

Warren, 4 miles away, rents for 13% less ($1,369/mo), about $2,400 a year in savings.

From Zillow's monthly rent index (ZORI) for Madison Heights. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,780/yr
At $1,565/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.0% YoY, +0.7% MoM), not inventory.
Rent check

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Demographics

Who lives here

Madison Heights, MI is majority owner-occupied, 33.9% of residents hold a bachelor's degree or higher.

Population
28,419
Median income
$69,503
Median age
39
Renters
35.2%
Age distribution
14.8%
29.2%
24.4%
12.9%
18.8%
Under 1814.8%
18–3429.2%
35–5424.4%
55–6412.9%
65+18.8%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
78.9%
White78.9%
Black7.8%
Hispanic2.2%
Asian6.5%
Other4.6%
Education (25+)
26.8%
29.8%
33.9%
No HS diploma9.6%
HS diploma26.8%
Some college29.8%
Bachelor's+33.9%
Housing tenure
64.8%
35.2%
Owner64.8%
Renter35.2%

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

2021 vs 2026

How Madison Heights, MI has changed in 5 years

Rent
$1,213 → $1,565
up 29.0%
Income
$58,537 → $69,503
up 18.7%
Population
28,719 → 28,419
down 1.0%
Renter share
38.3% → 35.2%
-3.1 pts
Bachelor's+
30.1% → 33.9%
+3.8 pts
Median age
41 → 39
-2.0 yrs

Rent in Madison Heights, MI has increased 29.0% since 2021, going from about $1,213 per month to roughly $1,565 today. Median household income grew from $58,537 to $69,503 between 2021 and 2024, a 18.7% shift. Rent outpaced income growth by roughly 10.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 28,719 to 28,419 between 2021 and 2024, a 1.0% change. About 35.2% of households rent today, against 38.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 30.1% to 33.9%. Taken together, the five-year picture in Madison Heights, MI reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Madison Heights rent history (2015–2026) →
Salary vs rent

Can you afford rent in Madison Heights on your salary?

At $1,565/mo, how Madison Heights rent compares to typical pay (30% rule).

By apartment size

Madison Heights rent by bedroom count

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

Local insights

Tips for renters in Madison Heights

About renting in Madison Heights, MI

Last updated: October 17, 2026

The median rent in Madison Heights is $1,565/mo as of October 2026. A studio apartment averages $990/mo while a 2-bedroom runs $1,370/mo. One-bedroom apartments average $1,080/mo and 3-bedroom units go for $1,680/mo.

At 27% of local median household income ($69,503/yr), Madison Heights ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Madison Heights?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (about $30/hour full-time) to afford the median rent of $1,565/mo in Madison Heights. The local median household income is $69,503/yr, so the typical household meets that bar.

Is rent going up or down in Madison Heights?

Rent in Madison Heights has risen 3.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2016.

When is the cheapest time to rent in Madison Heights?

Asking rents in Madison Heights are usually lowest in December, about 0.6% below their yearly trend, and highest in July, about 0.7% above it. At today's median that is a gap of roughly $20 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in Madison Heights?

Yes. From 2019 to 2024, rent in Madison Heights rose 31.8% while median household income rose 30.1%, from $53,439 to $69,503. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Madison Heights rent compare to other cities in Michigan?

Madison Heights is in the middle among Michigan cities for rent, ranking #45 of 100 tracked cities at $1,565/mo. Over the year to September 2026, rent in Madison Heights changed +3.0%, against a typical +4.1% across the 79 Michigan cities Zillow tracks.

Which nearby cities are cheaper to rent in than Madison Heights?

Nearby cities with lower median rent than Madison Heights ($1,565/mo) include Warren ($1,369/mo), and Hazel Park ($1,521/mo).
Income Affordability
27%
AFFORDABLE

At $1,565/mo, rent takes ~27% of Madison Heights's median household income ($69,503/yr). The standard benchmark is 30%.

Madison Heights 27%Benchmark 30%
State income tax4.25%
Run the Madison Heights affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Madison Heights, MI

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