The Tremont
32500 Concord Dr,
Madison Heights, MI 48071
$1,400 - $1,500
Studio - 2 Beds
Rental Market Trends in Madison Heights, MI
What is the average rent in Madison Heights, MI?
$1,063/month
Average Rent
709 Sq Ft
Average Apartment Size
+1.1%
Increase in the Last Year
As of October 2025, the average rent in Madison Heights, MI is $1,063 per month. This is 35% lower than the national average rent of $1,630/month, making renting in Madison Heights more affordable than most cities in the US. When you rent an apartment in Madison Heights, you can expect to pay about $1,173 per month for a studio, $1,063 for a one-bedroom apartment, and around $1,312 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,708 or more.
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How much has average rent changed in Madison Heights, MI?
In the past year, rent has increased by 1.1%, which averages out to $13 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 October 2025
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2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Madison Heights?
Based on current rent prices, Lexington Village is the most affordable neighborhood in Madison Heights.
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Average Rent
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What are the most expensive neighborhoods in Madison Heights?
Based on current rent prices, Lexington Village is the most expensive neighborhood in Madison Heights.
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Which Madison Heights neighborhoods have the most rentals available?
The neighborhood in Madison Heights with the most apartments available is Lexington Village .
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What salary do I need to live comfortably in Madison Heights, MI?
Because the average rent in Madison Heights is $1,063, you’ll want to make about $3,543 per month or $42,516 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 Madison Heights, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Madison Heights, 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.
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Nearby City Rent Trends
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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.