Pontiac / Waterford / Auburn Hills, MI
June 2026
48340,48341,48346,48360
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,266 – $1,363 | 4.31% | 3.30% |
| 2-Bedroom | $1,397 – $1,514 | -2.76% | -4.28% |
| 3-Bedroom | $1,915 – $2,074 | 1.24% | 2.86% |
| 4-Bedroom | $2,096 – $2,235 | 1.26% | 4.26% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,304 – $1,362 | 1.63% | 3.81% |
| 2-Bedroom | $1,548 – $1,651 | -4.98% | -3.14% |
| 3-Bedroom | $2,131 – $2,272 | 2.76% | 3.79% |
| 4-Bedroom | $2,334 – $2,481 | 2.10% | 4.18% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,252 – $1,308 | 1.49% | 3.66% |
| 2-Bedroom | $1,463 – $1,507 | 7.40% | -0.61% |
| 3-Bedroom | $1,673 – $1,812 | 7.79% | 1.28% |
| 4-Bedroom | $2,149 – $2,259 | 3.75% | 0.16% |
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.