Pontiac / Waterford / Auburn Hills, MI · Detroit metro
Long-term Rental Rates — September 2026 · ZIPs: 48340,48341,48346,48360
Local market data by Estaite
As of September 2026, rental prices in Pontiac / Waterford / Auburn Hills (48340, 48341, 48346, 48360), in the Detroit metro area, range from $1,258 to $2,472 per month depending on property type and bedroom count.
The biggest year-over-year decline occurred in 2BR single-family homes, which fell 5.84% in Pontiac / Waterford / Auburn Hills, MI, limited to that specific segment rather than a broad decline.
For 3BR units, condos/townhomes have a median rent of $2,243 while single-family homes are lower at $1,659, showing a significant gap.
What is the range of rents in Pontiac / Waterford / Auburn Hills, MI for September 2026?
Rents in Pontiac / Waterford / Auburn Hills, MI for September 2026 range from $1,258 for a 1BR apartment up to $2,472 for a 4BR condo/townhome.
Which segment had the biggest annual rent drop in Pontiac / Waterford / Auburn Hills, MI, and was the decline broad or limited?
The largest year-over-year decline was in 2BR single-family homes, dropping 5.84% compared to September 2025, and the decline was limited to this bedroom and property type.
How much more do condos/townhomes cost than single-family homes for the same bedroom count in Pontiac / Waterford / Auburn Hills, MI?
For 3BR units in Pontiac / Waterford / Auburn Hills, MI, condos/townhomes rent for $2,243 while single-family homes rent for $1,659, a difference of $584.
What is the most expensive rental option in Pontiac / Waterford / Auburn Hills, MI?
The most expensive rental segment as of September 2026 is 4BR condos/townhomes, with a median rent of $2,472 per month.
Pontiac / Waterford / Auburn Hills, MI· Detroit metro
September 2026
48340,48341,48346,48360
Long-term Rental Rates
Long-term rental rates for Pontiac / Waterford / Auburn Hills (48340,48341,48346,48360), in the Detroit metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,220 – $1,295
-0.05%
-0.87%
2-Bedroom
$1,488 – $1,645
-0.59%
1.17%
3-Bedroom
$1,897 – $2,055
-2.94%
-0.22%
4-Bedroom
$2,194 – $2,293
0.44%
3.80%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,328 – $1,388
-0.11%
3.13%
2-Bedroom
$1,663 – $1,748
4.06%
0.24%
3-Bedroom
$2,171 – $2,314
-0.47%
3.30%
4-Bedroom
$2,393 – $2,521
0.01%
4.14%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,282 – $1,321
-1.20%
2.29%
2-Bedroom
$1,406 – $1,469
-6.14%
-5.84%
3-Bedroom
$1,581 – $1,737
5.24%
-3.35%
4-Bedroom
$2,183 – $2,295
0.73%
0.57%
Data updated: October 19, 2026
Pontiac / Waterford / Auburn Hills Rental Trends · Detroit metro
In the Pontiac / Waterford / Auburn Hills (48340, 48341, 48346, 48360) rental market, 1-bedroom apartment median rent increased 2.84% year over year to $1,249 as of April 2026. The month-over-month change was -0.88%, reflecting a slight short-term decrease amid annual growth for this segment.
The 4-bedroom condo/townhome segment in Pontiac / Waterford / Auburn Hills (48340, 48341, 48346, 48360) recorded a median rent of $2,319, which is $202 higher than 4-bedroom apartments at $2,117. This segment grew by 4.06% year over year, highlighting its price advantage and consistent annual growth.
Recent Pontiac / Waterford / Auburn Hills (48340, 48341, 48346, 48360) rental trends indicate that 3-bedroom single-family homes declined 4.81% month over month to $1,679, with a 3.02% decrease year over year. This downturn contrasts with positive movement in the apartment and condo/townhome segments for 3-bedroom units.