Livonia, MI
August 2026
48150,48152,48154
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,245 – $1,301 | 1.05% | 4.13% |
| 2-Bedroom | $1,515 – $1,615 | 0.48% | 3.55% |
| 3-Bedroom | $1,963 – $2,048 | 1.55% | 3.99% |
| 4-Bedroom | $2,156 – $2,264 | 1.63% | 4.71% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,324 – $1,392 | 1.71% | 6.79% |
| 2-Bedroom | $1,688 – $1,800 | -1.06% | 4.15% |
| 3-Bedroom | $2,175 – $2,278 | -0.27% | 4.15% |
| 4-Bedroom | $2,172 – $2,301 | 1.96% | 5.13% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,313 – $1,366 | 1.76% | 5.00% |
| 2-Bedroom | $1,471 – $1,546 | 0.49% | 2.60% |
| 3-Bedroom | $1,899 – $2,099 | 4.21% | 7.08% |
| 4-Bedroom | $2,168 – $2,326 | 2.12% | 6.80% |
In the Livonia (48150, 48152, 48154) rental market, 3-bedroom single-family homes reached a median rent of $1,979 in May 2026, rising 9.75% year-over-year. This segment posted the largest annual percentage gain among all tracked property types and bedroom counts in Livonia (48150, 48152, 48154) during the period.
Compared to apartments at $1,503, 2-bedroom condos in Livonia (48150, 48152, 48154) secured a higher median rent of $1,663—a difference of $160. This gap demonstrates that renters continue to pay a premium for condo and townhome living over equivalent apartment units in the same market.
Month-over-month, 1-bedroom condo/townhome rents in May climbed by 1.03% to $1,288. Livonia (48150, 48152, 48154) rental trends indicate that this segment is experiencing upward pressure compared to apartments, which saw only a 0.06% increase during the same period.