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Rental Market Trends in Farmington, MI

Updated September 2026

The average rent in Farmington, MI is $1,124/month.

Rent in Farmington is 32% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,124/month

Average Rent

818 Sq Ft

Average Size

+2.7%

Change / Year

299

Available Apartments

Farmington rent varies by unit size and layout:

  • Studio apartments in Farmington average $762 per month.
  • One-bedroom apartments in Farmington average $1,124 per month.
  • Two-bedroom apartments in Farmington average $1,341 per month.
  • Three-bedroom apartments in Farmington average $1,321 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$762/month
601 Sq Ft
One Bedroom
$1,124/month
818 Sq Ft
Two Bedroom
$1,341/month
1,100 Sq Ft
Three Bedroom
$1,321/month
1,150 Sq Ft
View Farmington Apartments

How much has average rent changed in Farmington, MI?

In the past year, rent has increased by 2.7%, which averages out to $31 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Farmington, MI

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Farmington, MI
Percentage*
Rent Range
6% Below $700/month
29% $700 - $1,000/month
65% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Farmington?

Based on current rent prices, Farmington Village Co-op is the most affordable neighborhood in Farmington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Farmington Village Co-op
$1,479/month
825 Sq Ft

What are the most expensive neighborhoods in Farmington?

Based on current rent prices, Farmington Village Co-op is the most expensive neighborhood in Farmington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Farmington Village Co-op
$1,479/month
825 Sq Ft

Which Farmington neighborhoods have the most rentals available?

The neighborhood in Farmington with the most apartments available is Farmington Village Co-op .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Farmington Village Co-op
$1,479/month
825 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Farmington is $1,124, you’ll want to make about $3,746 per month or $44,952 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

Farmington, MI

299 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Farmington, 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 Farmington Area Guide

Apartment Averages

Farmington Village Co-op

Farmington, MI

Farmington Village Co-op

Farmington, MI

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Farmington Hills

    Farmington Hills

    Avg Rent: $1,347/month

  • Livonia

    Livonia

    Avg Rent: $1,339/month

  • Northville

    Northville

    Avg Rent: $1,472/month

  • Novi

    Novi

    Avg Rent: $1,378/month

  • Redford Township

    Redford Township

    Avg Rent: $994/month

  • Southfield

    Southfield

    Avg Rent: $1,215/month

Apartment Communities in Farmington We Think You'll Love

Green Hill Apartments

Green Hill Apartments

22225 Green Hill Rd,
Farmington, MI 48335

1-2 Beds | $1,210 - $1,950

Drakeshire

Drakeshire

35105 Drakeshire Pl,
Farmington, MI 48335

1-2 Beds | $1,080 - $1,320

Independence Green

Independence Green

24360 Independence Ct,
Farmington Hills, MI 48335

1-3 Beds | $949 - $2,659

Diamond Forest Apartments

Diamond Forest Apartments

23140 Halsted Rd,
Farmington Hills, MI 48335

1-2 Beds | $1,499 - $1,758

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Frequently Asked Questions

What is the average rent in Farmington?

The average rent in Farmington is $1,124 per month, which is 32.5% lower than the national average of $1,665.

Are rents going up or down in Farmington?

Rents in Farmington, MI are increasing, with prices up 2.7% year-over-year and $31 more per month.

What rent range is most common in Farmington?

In Farmington, MI, 65% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Michigan Farmington 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 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity