Lakeside Terrace Apartments
44525 Pine Dr,
Sterling Heights, MI 48313
$1,207 - $2,366
1-3 Beds
Rental Market Trends in Sterling Heights, MI
What is the average rent in Sterling Heights, MI?
$1,100/month
Average Rent
732 Sq Ft
Average Apartment Size
+0.5%
Increase in the Last Year
As of March 2026, the average rent in Sterling Heights, MI is $1,100 per month. This is 32% lower than the national average rent of $1,626/month, making renting in Sterling Heights more affordable than most cities in the US. When you rent an apartment in Sterling Heights, you can expect to pay about $855 per month for a studio, $1,100 for a one-bedroom apartment, and around $1,394 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,890 or more.
Floor Plan Type
Average Rent
Average 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 Sterling Heights, MI?
In the past year, rent has increased by 0.5%, which averages out to $6 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 March 2026
Legend
2025
2026
Rent Ranges in Sterling Heights, MI
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
21%
$700 - $1,000/month
59%
$1,001 - $1,500/month
18%
$1,501 - $2,000/month
3%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Sterling Heights?
Based on current rent prices, University Estates, Buckingham Estates and Andover Heights Condominiums are the most affordable neighborhoods in Sterling Heights.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Sterling Heights?
Based on current rent prices, The Arbors, North Pointe and Bristol Heights are the most expensive neighborhoods in Sterling Heights.
Neighborhood
Average Rent
Average Sq Ft
Which Sterling Heights neighborhoods have the most rentals available?
The neighborhoods in Sterling Heights with the most apartments available are Aberdeen Gardens, University Estates and The Arbors .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Sterling Heights, MI?
Because the average rent in Sterling Heights is $1,100, you’ll want to make about $3,666 per month or $43,992 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 Sterling Heights, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Sterling 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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One Bedroom
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Two Bedroom
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Three Bedroom
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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 February 2026.
* Percentages may not total 100 due to rounding.