Innova
39500 Champion Cir,
Novi, MI 48377
1-3 Beds | $2,012 - $3,499
Rental Market Trends in Commerce Township, MI
Updated July 2026
The average rent in Commerce Township, MI is $1,788/month.
Rent in Commerce Township is roughly equal to the national average rent of of $1,662/month.
$1,788/month
Average Rent
862 Sq Ft
Average Size
+2.2%
Change / Year
1,576
Available Apartments
Commerce Township rent varies by unit size and layout:
- Studio apartments in Commerce Township average $1,524 per month.
- One-bedroom apartments in Commerce Township average $1,788 per month.
- Two-bedroom apartments in Commerce Township average $2,411 per month.
- Three-bedroom apartments in Commerce Township average $2,594 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Commerce Township, MI?
In the past year, rent has increased by 2.2%, which averages out to $40 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Commerce Township, MI
July 2026
Above $2,000
Most rental prices fall within this range
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
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.
Neighborhood
Average Rent
Average 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.
Neighborhood
Average Rent
Average 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 .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Commerce Township, MI?
Because the average rent in Commerce Township is $1,788, you’ll want to make about $5,960 per month or $71,520 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.
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.
View the Commerce Township Area GuideStudio
$1,524/month
$1,524/month
One Bedroom
$1,858/month
$1,858/month
Two Bedroom
$2,684/month
$2,684/month
Three Bedroom
$2,712/month
$2,712/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Commerce Township We Think You'll Love
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Frequently Asked Questions
What is the average rent in Commerce Township?
The average rent in Commerce Township is $1,788 per month, which is 7.6% higher than the national average of $1,662.
What is the average rent for a house in Commerce Township?
The average rent for a house in Commerce Township, MI is $2,583 per month.
Are rents going up or down in Commerce Township?
Rents in Commerce Township, MI are increasing, with prices up 2.2% year-over-year and $40 more per month.
What rent range is most common in Commerce Township?
In Commerce Township, MI, 80% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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.