Pontiac, MI
August 2026
48340,48341,48342
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,142 – $1,194 | -6.31% | -4.81% |
| 2-Bedroom | $1,368 – $1,438 | 5.63% | -7.12% |
| 3-Bedroom | $1,902 – $2,000 | 0.49% | -1.07% |
| 4-Bedroom | $2,144 – $2,286 | 0.91% | 4.22% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,323 – $1,382 | -0.21% | 3.70% |
| 2-Bedroom | $1,558 – $1,638 | 2.05% | -2.21% |
| 3-Bedroom | $2,175 – $2,319 | 2.60% | 3.89% |
| 4-Bedroom | $2,390 – $2,548 | 0.76% | 4.50% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,277 – $1,335 | 1.18% | 3.76% |
| 2-Bedroom | $1,392 – $1,455 | -1.46% | -4.41% |
| 3-Bedroom | $1,412 – $1,530 | -0.56% | -9.83% |
| 4-Bedroom | $2,003 – $2,105 | 3.44% | -0.20% |
In the Pontiac (48340, 48341, 48342) rental market, 1-bedroom apartments experienced a steep monthly decline, falling 9.16% to a median rent of $1,125. This reduction is also reflected in the annual performance, where rents contracted by 4.80%, signaling recent market adjustments for renters targeting this segment.
Among available options in Pontiac (48340, 48341, 48342), 3-bedroom single-family homes recorded the most significant monthly increase across all segments, jumping 8.18% to $1,570. Despite this, their year-over-year change was minimal at -0.42%, revealing a short-term spike against otherwise muted long-term movement.
When comparing larger unit types, Pontiac (48340, 48341, 48342) rental trends show 4-bedroom condos/townhomes command a median rent of $2,352, outpacing 4-bedroom apartments by $213. This premium suggests differentiated demand and amenity value for higher-end rentals within the submarket.