Farmington Hills, MI
August 2026
48331,48334,48336
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,251 – $1,289 | -0.35% | 0.65% |
| 2-Bedroom | $1,581 – $1,662 | 3.23% | 2.73% |
| 3-Bedroom | $2,009 – $2,112 | -0.88% | 2.83% |
| 4-Bedroom | $2,177 – $2,290 | 0.91% | 4.37% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,298 – $1,337 | -0.99% | -0.14% |
| 2-Bedroom | $1,694 – $1,781 | -2.84% | 2.63% |
| 3-Bedroom | $2,194 – $2,339 | -0.72% | 3.11% |
| 4-Bedroom | $2,417 – $2,521 | 0.98% | 4.25% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,298 – $1,357 | 0.81% | 4.79% |
| 2-Bedroom | $1,464 – $1,560 | -9.50% | -4.78% |
| 3-Bedroom | $1,949 – $2,112 | -6.73% | -2.52% |
| 4-Bedroom | $2,489 – $2,696 | 0.13% | 7.07% |
In the Farmington Hills (48331, 48334, 48336) rental market, 2-bedroom condo/townhome units saw a notable year-over-year increase of 5.7%, reaching a median rent of $1,746 in April 2026. These attached units also posted a 3.3% month-over-month gain, outpacing apartment and single-family growth for this segment.
Among all unit types in Farmington Hills (48331, 48334, 48336), 1-bedroom apartments registered a sharp month-over-month decrease of 2.3%, settling at $1,317. This rate falls below the $1,269 for 1-bedroom condo/townhomes and $1,263 for single-family homes, positioning apartments as the most affordable entry point.
Premium segment growth is evident as Farmington Hills (48331, 48334, 48336) rental trends reveal 4-bedroom single-family homes at a median of $2,445, up 3.3% month-over-month and 4.9% year-over-year. This makes them the highest-priced segment in the current market snapshot.