Average Rent in Farmington, MI and Rent Price Trends

Rent price trends in
Farmington, MI

Rent price trends

Rent prices for all bedroom counts and property types in Farmington, MI have decreased by 9% in the last month and have increased by 9% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Farmington, MI
The monthly rent for an apartment in Farmington, MI is $1,283. A 1-bedroom apartment in Farmington, MI costs about $1,099 on average, while a 2-bedroom apartment is $1,275. Houses for rent in Farmington, MI are more expensive, with an average monthly cost of $2,700.


1 bedroom	$1,195	No Change	27%
2 bedroom	$1,500	4%	5%
3 bedroom	$2,000	7%	19%
4 bedroom	$3,000	9%	6%
Studio	$3,000	35%	-

		Comparables
Downtown Farmington	$1,299
Farmington Historic District	$1,527


Apartments	$1,283	21%	No Change
Condos	$1,500	20%	No Change
Houses	$2,700	2%	No Change

Studio

Average rent

$3,000

Last 30 days

35%

1 bedroom

Average rent

$1,195

Last 30 days

No Change

Last year

27%

2 bedroom

Average rent

$1,500

Last 30 days

Last year

3 bedroom

Average rent

$2,000

Last 30 days

Last year

19%

4 bedroom

Average rent

$3,000

Last 30 days

Last year

The table above reflects average rent prices in Farmington, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Farmington, MI to other cities

Median rent prices in Farmington, MI for all bedroom counts and property types compared to Clarkston, MI.

Farmington

Median rent price$1,750

lower than the national median

Median rent price$1,454

25%

lower than the national median

Takeaway

The median rent for all rentals in Farmington, MI is 20% higher than the median rent in Clarkston, MI.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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