North Park Towers
16500 N Park Dr,
Southfield, MI 48075
Studio - 3 Beds | $1,319 - $2,389
Rental Market Trends in Southfield, MI
Updated July 2026
The average rent in Southfield, MI is $1,225/month.
Rent in Southfield is 26% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,225/month
Average Rent
835 Sq Ft
Average Size
+3.1%
Change / Year
992
Available Apartments
Southfield rent varies by unit size and layout:
- Studio apartments in Southfield average $959 per month.
- One-bedroom apartments in Southfield average $1,225 per month.
- Two-bedroom apartments in Southfield average $1,521 per month.
- Three-bedroom apartments in Southfield average $2,004 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 Southfield, MI?
In the past year, rent has increased by 3.1%, which averages out to $38 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Southfield, MI
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
8%
$700 - $1,000/month
53%
$1,001 - $1,500/month
32%
$1,501 - $2,000/month
6%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Southfield?
Based on current rent prices, Southfield Downtown and Bradbury Park" are the most affordable neighborhoods in Southfield.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Southfield?
Based on current rent prices, Bradbury Park and Southfield Downtown" are the most expensive neighborhoods in Southfield.
Neighborhood
Average Rent
Average Sq Ft
Which Southfield neighborhoods have the most rentals available?
The neighborhoods in Southfield with the most apartments available are Southfield Downtown and Bradbury Park" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Southfield, MI?
Because the average rent in Southfield is $1,225, you’ll want to make about $4,083 per month or $48,996 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 Southfield, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Southfield, 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 Southfield Area GuideStudio
$801/month
-
One Bedroom
$1,280/month
-
Two Bedroom
$1,597/month
-
Three Bedroom
$1,737/month
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Southfield We Think You'll Love
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Frequently Asked Questions
What is the average rent in Southfield?
The average rent in Southfield is $1,225 per month, which is 26.3% lower than the national average of $1,663.
What is the average rent for a house in Southfield?
The average rent for a house in Southfield, MI is $1,914 per month.
Are rents going up or down in Southfield?
Rents in Southfield, MI are increasing, with prices up 3.1% year-over-year and $38 more per month.
What rent range is most common in Southfield?
In Southfield, MI, 53% of apartments fall between $1,001 - $1,500/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.