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Rental Market Trends in Madison Heights, MI

Updated September 2026

The average rent in Madison Heights, MI is $1,059/month.

Rent in Madison Heights is 36% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,059/month

Average Rent

703 Sq Ft

Average Size

-0.1%

Change / Year

188

Available Apartments

Madison Heights rent varies by unit size and layout:

  • Studio apartments in Madison Heights average $1,133 per month.
  • One-bedroom apartments in Madison Heights average $1,059 per month.
  • Two-bedroom apartments in Madison Heights average $1,340 per month.
  • Three-bedroom apartments in Madison Heights average $2,701 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,133/month
529 Sq Ft
One Bedroom
$1,059/month
703 Sq Ft
Two Bedroom
$1,340/month
894 Sq Ft
Three Bedroom
$2,701/month
1,560 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,421/month
461 Sq Ft
Three Bedroom
$2,235/month
1,266 Sq Ft
View Madison Heights Apartments

How much has average rent changed in Madison Heights, MI?

In the past year, rent has decreased by 0.1%, which averages out to $1 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Madison Heights, MI

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Madison Heights, MI
Percentage*
Rent Range
0% Below $700/month
28% $700 - $1,000/month
61% $1,001 - $1,500/month
6% $1,501 - $2,000/month
6% Above $2,000/month

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

Because the average rent in Madison Heights is $1,059, you’ll want to make about $3,530 per month or $42,360 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

Madison Heights, MI

188 Available Apartments for Rent

Search for Nearby Apartments

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.

View the Madison Heights Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Royal Oak

    Royal Oak

    Avg Rent: $1,394/month

  • Clawson

    Clawson

    Avg Rent: $1,164/month

  • Hazel Park

    Hazel Park

    Avg Rent: $964/month

  • Ferndale

    Ferndale

    Avg Rent: $1,440/month

  • Berkley

    Berkley

    Avg Rent: $1,534/month

  • Warren

    Warren

    Avg Rent: $1,001/month

  • Center Line

    Center Line

    Avg Rent: $851/month

Apartment Communities in Madison Heights We Think You'll Love

The Landings of Madison Heights

The Landings of Madison Heights

32650 Stephenson Hwy,
Madison Heights, MI 48071

Studio - 2 Beds | $1,100 - $1,550

Lexington Village

Lexington Village

32000 Concord Dr,
Madison Heights, MI 48071

1-2 Beds | $970 - $1,340

President Madison Apartments

President Madison Apartments

31470 Harlo Dr,
Madison Heights, MI 48071

1-2 Beds | $1,008 - $1,402

The Tremont

The Tremont

32500 Concord Dr,
Madison Heights, MI 48071

Studio - 2 Beds | $1,135 - $1,500

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Frequently Asked Questions

What is the average rent in Madison Heights?

The average rent in Madison Heights is $1,059 per month, which is 36.4% lower than the national average of $1,665.

What is the average rent for a house in Madison Heights?

The average rent for a house in Madison Heights, MI is $2,235 per month.

Are rents going up or down in Madison Heights?

Rents in Madison Heights, MI are decreasing, with prices down 0.1% year-over-year and $1 less per month.

What rent range is most common in Madison Heights?

In Madison Heights, MI, 61% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Michigan Madison Heights 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