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Rental Market Trends in Commerce Township, MI

What is the average rent in Commerce Township, MI?

$1,884/month

Average Rent

862 Sq Ft

Average Apartment Size

+4.8%

Increase in the Last Year

As of July 2025, the average rent in Commerce Township, MI is $1,884 per month. This is 15% higher than the national average rent price of $1,637/month, making Commerce Township one of the most expensive cities in the US. When you rent an apartment in Commerce Township, you can expect to pay about $1,666 per month for a studio, $1,884 for a one-bedroom apartment, and around $2,410 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,633 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,666/month
640 Sq Ft
One Bedroom
$1,884/month
862 Sq Ft
Two Bedroom
$2,410/month
1,368 Sq Ft
Three Bedroom
$2,633/month
1,529 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,842/month
866 Sq Ft
Three Bedroom
$2,277/month
1,303 Sq Ft
Four Bedroom
$4,606/month
2,963 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,078/month
1,372 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Commerce Township, MI?

In the past year, rent has increased by 4.8%, which averages out to $92 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Commerce Township, MI
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Commerce Township, MI
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
20% $1,501 - $2,000/month
80% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Commerce Township?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Commerce Township Downtown
$1,979/month
844 Sq Ft

What are the most expensive neighborhoods in Commerce Township?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Commerce Township Downtown
$1,979/month
844 Sq Ft

Which Commerce Township neighborhoods have the most rentals available?

The neighborhood in Commerce Township with the most apartments available is Commerce Township Downtown .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Commerce Township Downtown
$1,979/month
844 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Commerce Township is $1,884, you’ll want to make about $6,280 per month or $75,360 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

Commerce Township, MI

1,975 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Commerce Township, 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 Commerce Township, MI

Apartment Averages

Commerce Township Downtown

Commerce Township, MI

Commerce Township Downtown

Commerce Township, MI

Studio
$1,666/month
$1,666/month
One Bedroom
$1,954/month
$1,954/month
Two Bedroom
$2,702/month
$2,702/month
Three Bedroom
$2,804/month
$2,804/month
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Nearby City Rent Trends

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Apartment communities in Commerce Township we think you'll love

Diamond Forest Apartments

Diamond Forest Apartments

23140 Halsted Rd,
Farmington Hills, MI 48335

1-2 Beds | $1,420 - $1,875

Edge at Novi - Novi, MI

Edge at Novi - Novi, MI

42101 Fountain Park Dr,
Novi, MI 48375

1-2 Beds | $1,474 - $1,849

Aldingbrooke Apartments

Aldingbrooke Apartments

6350 Aldingbrooke Circle Rd,
West Bloomfield, MI 48322

1-3 Beds | $1,399 - $3,305

Saddle Creek Apartments

Saddle Creek Apartments

43398 Citation,
Novi, MI 48375

1-2 Beds | $1,367 - $2,459

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United States Michigan Commerce Township 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 2025.

* Percentages may not total 100 due to rounding.

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