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Rental Market Trends in Flat Rock, MI

What is the average rent in Flat Rock, MI?

$870/month

Average Rent

701 Sq Ft

Average Apartment Size

-12.5%

Decrease in the Last Year

As of May 2025, the average rent in Flat Rock, MI is $870 per month. This is 47% lower than the national average rent of $1,627/month, making renting in Flat Rock more affordable than most cities in the US. When you rent an apartment in Flat Rock, you can expect to pay about per month for a studio, $870 for a one-bedroom apartment, and around $961 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,210 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$870/month
701 Sq Ft
Two Bedroom
$961/month
948 Sq Ft
Three Bedroom
$1,210/month
1,109 Sq Ft
Floor Plan Type
Average Rent
Average 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 Flat Rock, MI?

In the past year, rent has decreased by 12.5%, which averages out to $108 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Flat Rock, MI
Last Updated May 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Flat Rock, MI
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Flat Rock is $870, you’ll want to make about $2,900 per month or $34,800 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

Flat Rock, MI

36 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Flat Rock, 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 Flat Rock, MI

Apartment Averages

Nearby City Rent Trends

  • Rockwood Average Rent
  • Brownstown Average Rent
  • Woodhaven Average Rent
  • Gibraltar Average Rent
  • Trenton Average Rent

Apartment communities in Flat Rock we think you'll love

Bridgewood Apartments

Bridgewood Apartments

25891 Bridgewood Ln,
Flat Rock, MI 48134

1-3 Beds | $859 - $1,329

Huron River Rockwood Apartments

Huron River Rockwood Apartments

23200-23210 Huron River Dr,
Rockwood, MI 48173

2 Beds | $925 - $995

Woodside Village

Woodside Village

21821 Woodruff Rd,
Rockwood, MI 48173

1-2 Beds | $995 - $1,295

Parkside Vista Apartments

Parkside Vista Apartments

25000 Field St,
Flat Rock, MI 48134

2 Beds | $820 - $850

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United States Michigan Flat Rock 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity