Southfield, MI
April 2026
48033,48034,48075,48076
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,198 – $1,298 | 3.61% | 6.94% |
| 2-Bedroom | $1,438 – $1,590 | 0.97% | -0.43% |
| 3-Bedroom | $1,904 – $2,092 | -2.54% | 4.00% |
| 4-Bedroom | $2,090 – $2,205 | 1.44% | 5.41% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,263 – $1,328 | 0.90% | 6.23% |
| 2-Bedroom | $1,607 – $1,690 | -0.96% | 0.12% |
| 3-Bedroom | $2,078 – $2,185 | -0.35% | 2.85% |
| 4-Bedroom | $2,293 – $2,394 | 0.78% | 4.18% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,250 – $1,293 | 0.80% | 5.15% |
| 2-Bedroom | $1,548 – $1,651 | 1.78% | 4.90% |
| 3-Bedroom | $1,872 – $2,028 | -1.36% | 1.14% |
| 4-Bedroom | $2,245 – $2,393 | 0.15% | 3.64% |
In the Southfield (48033, 48034, 48075, 48076) rental market, one-bedroom apartment rents climbed to $1,248 in April, rising 6.94% year-over-year and 3.61% month-over-month. This marks the strongest annual growth among apartment segments for this period, highlighting increased demand for smaller rental units.
Among three-bedroom properties in Southfield (48033, 48034, 48075, 48076), single-family homes posted a median rent of $1,950, reflecting a 1.36% monthly decline, while apartments commanded $1,998. As a result, 3BR apartments currently outperform single-family homes by $48 in median rent.
April data show that Southfield (48033, 48034, 48075, 48076) rental trends feature rising two-bedroom condo/townhome rents, reaching $1,648—a 0.12% year-over-year increase. This segment surpassed 2BR apartments, which saw a 0.43% annual decrease to $1,514.