Southfield, MI
August 2026
48033,48034,48075,48076
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,292 – $1,358 | 4.58% | 7.51% |
| 2-Bedroom | $1,584 – $1,665 | 3.65% | 2.01% |
| 3-Bedroom | $2,051 – $2,187 | 1.42% | 5.90% |
| 4-Bedroom | $2,177 – $2,290 | 1.67% | 5.32% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,324 – $1,384 | 2.09% | 4.95% |
| 2-Bedroom | $1,589 – $1,694 | -2.11% | -3.75% |
| 3-Bedroom | $2,214 – $2,360 | 4.52% | 5.20% |
| 4-Bedroom | $2,410 – $2,521 | 2.56% | 5.53% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,313 – $1,361 | 2.07% | 5.61% |
| 2-Bedroom | $1,554 – $1,634 | -1.25% | 0.28% |
| 3-Bedroom | $1,871 – $2,056 | -2.15% | -3.46% |
| 4-Bedroom | $2,374 – $2,531 | 2.13% | 3.82% |
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.