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Rental Market Trends in Berkley, MI

Updated July 2026

The average rent in Berkley, MI is $1,511/month.

Rent in Berkley is roughly equal to the national average rent of of $1,663/month.

$1,511/month

Average Rent

717 Sq Ft

Average Size

+0.9%

Change / Year

61

Available Apartments

Berkley rent varies by unit size and layout:

  • Studio apartments in Berkley average $1,487 per month.
  • One-bedroom apartments in Berkley average $1,511 per month.
  • Two-bedroom apartments in Berkley average $1,526 per month.
  • Three-bedroom apartments in Berkley average $3,595 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,487/month
486 Sq Ft
One Bedroom
$1,511/month
717 Sq Ft
Two Bedroom
$1,526/month
910 Sq Ft
Three Bedroom
$3,595/month
1,900 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,466/month
1,402 Sq Ft
View Berkley Apartments

How much has average rent changed in Berkley, MI?

In the past year, rent has increased by 0.9%, which averages out to $14 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Berkley, MI

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Berkley, MI
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
67% $1,001 - $1,500/month
17% $1,501 - $2,000/month
17% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Berkley?

Based on current rent prices, Downtown Berkley is the most affordable neighborhood in Berkley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Berkley
$1,847/month
862 Sq Ft

What are the most expensive neighborhoods in Berkley?

Based on current rent prices, Downtown Berkley is the most expensive neighborhood in Berkley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Berkley
$1,847/month
862 Sq Ft

Which Berkley neighborhoods have the most rentals available?

The neighborhood in Berkley with the most apartments available is Downtown Berkley .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Berkley
$1,847/month
862 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Berkley, MI?

Because the average rent in Berkley is $1,511, you’ll want to make about $5,036 per month or $60,432 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Berkley, MI

61 Available Apartments for Rent

Search for Nearby Apartments

How does Berkley, MI compare to other nearby cities and neighborhoods?

Use the tool below to compare Berkley, MI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Berkley Area Guide

Apartment Averages

Downtown Berkley

Berkley, MI

Downtown Berkley

Berkley, MI

Studio
$1,662/month
$1,662/month
One Bedroom
$1,933/month
$1,933/month
Two Bedroom
$2,459/month
$2,459/month
Three Bedroom
$3,595/month
$3,595/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Royal Oak

    Royal Oak

  • Oak Park

    Oak Park

  • Clawson

    Clawson

  • Ferndale

    Ferndale

  • Birmingham

    Birmingham

Apartment Communities in Berkley We Think You'll Love

Cambridge Square

Cambridge Square

27435 Greenfield Rd,
Southfield, MI 48076

1-2 Beds | $1,169 - $1,329

Oxford Park Towers

Oxford Park Towers

2345 Oxford Rd,
Berkley, MI 48072

1-2 Beds | $1,229 - $1,499

Camelot Apartments

Camelot Apartments

3134-3168 Greenfield Rd,
Royal Oak, MI 48073

1-2 Beds | $1,295 - $1,725

West Oaks

West Oaks

15833 W 11 Mile Rd,
Southfield, MI 48076

1-2 Beds | $1,275 - $1,449

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Frequently Asked Questions

What is the average rent in Berkley?

The average rent in Berkley is $1,511 per month, which is 9.1% lower than the national average of $1,663.

What is the average rent for a house in Berkley?

The average rent for a house in Berkley, MI is $2,466 per month.

Are rents going up or down in Berkley?

Rents in Berkley, MI are increasing, with prices up 0.9% year-over-year and $14 more per month.

What rent range is most common in Berkley?

In Berkley, MI, 67% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Michigan Berkley Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity