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Rental Market Trends in Bloomfield Hills, MI

What is the average rent in Bloomfield Hills, MI?

$1,342/month

Average Rent

793 Sq Ft

Average Apartment Size

-0.9%

Decrease in the Last Year

As of October 2025, the average rent in Bloomfield Hills, MI is $1,342 per month. This is 18% lower than the national average rent of $1,629/month, making renting in Bloomfield Hills more affordable than most cities in the US. When you rent an apartment in Bloomfield Hills, you can expect to pay about per month for a studio, $1,342 for a one-bedroom apartment, and around $1,909 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,602 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,342/month
793 Sq Ft
Two Bedroom
$1,909/month
1,117 Sq Ft
Three Bedroom
$2,602/month
1,680 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$4,124/month
2,407 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Bloomfield Hills, MI?

In the past year, rent has decreased by 0.9%, which averages out to $12 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Bloomfield Hills, MI
Last Updated October 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Bloomfield Hills, MI
Percentage*
Rent Range
0% Below $700/month
17% $700 - $1,000/month
17% $1,001 - $1,500/month
33% $1,501 - $2,000/month
33% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Bloomfield Hills?

Based on current rent prices, Shaker Heights and Bloomfield North Estates" are the most affordable neighborhoods in Bloomfield Hills.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Shaker Heights
$1,262/month
836 Sq Ft
Bloomfield North Estates
$1,262/month
836 Sq Ft

What are the most expensive neighborhoods in Bloomfield Hills?

Based on current rent prices, Shaker Heights and Bloomfield North Estates" are the most expensive neighborhoods in Bloomfield Hills.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Shaker Heights
$1,262/month
836 Sq Ft
Bloomfield North Estates
$1,262/month
836 Sq Ft

Which Bloomfield Hills neighborhoods have the most rentals available?

The neighborhoods in Bloomfield Hills with the most apartments available are Shaker Heights and Bloomfield North Estates" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Shaker Heights
$1,262/month
836 Sq Ft
Bloomfield North Estates
$1,262/month
836 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Bloomfield Hills is $1,342, you’ll want to make about $4,473 per month or $53,676 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

Bloomfield Hills, MI

102 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Bloomfield Hills, 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.

Explore the Area Guide for Bloomfield Hills, MI

Apartment Averages

Shaker Heights

Bloomfield Hills, MI

Shaker Heights

Bloomfield Hills, MI

Studio
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One Bedroom
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-
Two Bedroom
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Three Bedroom
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Nearby City Rent Trends

  • Birmingham Average Rent
  • Troy Average Rent

Apartment communities in Bloomfield Hills we think you'll love

Bloomfield Place

Bloomfield Place

1610-1681 Bloomfield Place Dr,
Bloomfield Hills, MI 48302

$979 - $1,878

1-2 Beds

24 at Bloomfield

24 at Bloomfield

2083 S Telegraph Rd,
Bloomfield Hills, MI 48302

$1,642 - $2,673

1-3 Beds

Glens of Bloomfield

Glens of Bloomfield

7480 Bingham Rd,
Bloomfield Hills, MI 48301

$1,845 - $2,445

2-4 Beds

The Noble

The Noble

3200 S Boulevard,
Bloomfield Hills, MI 48304

$3,600 - $4,250

2-3 Beds

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United States Michigan Bloomfield Hills 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity