Pontiac / Waterford / Auburn Hills, MI
August 2026
48340,48341,48346,48360
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,172 – $1,225 | -4.78% | -4.16% |
| 2-Bedroom | $1,487 – $1,564 | 2.53% | 0.48% |
| 3-Bedroom | $1,964 – $2,094 | 0.94% | 3.49% |
| 4-Bedroom | $2,145 – $2,287 | 0.91% | 4.25% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,331 – $1,391 | 0.72% | 3.71% |
| 2-Bedroom | $1,571 – $1,675 | -1.14% | -3.88% |
| 3-Bedroom | $2,181 – $2,326 | 3.15% | 3.87% |
| 4-Bedroom | $2,393 – $2,551 | 0.83% | 4.61% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,286 – $1,343 | 1.01% | 4.06% |
| 2-Bedroom | $1,512 – $1,589 | 3.49% | 2.05% |
| 3-Bedroom | $1,501 – $1,659 | 0.11% | -7.78% |
| 4-Bedroom | $2,164 – $2,275 | 4.01% | 0.86% |
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.