Farmington Hills, MI
June 2026
48331,48334,48336
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,330 – $1,441 | 4.81% | 7.37% |
| 2-Bedroom | $1,563 – $1,727 | 0.92% | 2.09% |
| 3-Bedroom | $1,973 – $2,168 | 3.34% | 5.10% |
| 4-Bedroom | $2,122 – $2,238 | 1.37% | 4.38% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,292 – $1,331 | 5.13% | 0.78% |
| 2-Bedroom | $1,683 – $1,794 | 3.46% | 3.13% |
| 3-Bedroom | $2,207 – $2,367 | 2.48% | 6.25% |
| 4-Bedroom | $2,344 – $2,483 | 1.85% | 3.59% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,267 – $1,324 | 3.35% | 4.80% |
| 2-Bedroom | $1,528 – $1,606 | 0.48% | 0.08% |
| 3-Bedroom | $2,091 – $2,229 | 0.42% | 5.20% |
| 4-Bedroom | $2,431 – $2,582 | -0.09% | 2.62% |
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.