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Rental Market Trends in Madison Heights, MI

What is the average rent in Madison Heights, MI?

$1,074/month

Average Rent

709 Sq Ft

Average Apartment Size

+5.4%

Increase in the Last Year

As of July 2025, the average rent in Madison Heights, MI is $1,074 per month. This is 34% lower than the national average rent of $1,636/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 $1,133 per month for a studio, $1,074 for a one-bedroom apartment, and around $1,338 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,703 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,133/month
597 Sq Ft
One Bedroom
$1,074/month
709 Sq Ft
Two Bedroom
$1,338/month
891 Sq Ft
Three Bedroom
$2,703/month
1,560 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,579/month
529 Sq Ft
Three Bedroom
$2,221/month
1,140 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 Madison Heights, MI?

In the past year, rent has increased by 5.4%, which averages out to $58 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Madison Heights, MI
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Madison Heights, MI
Percentage*
Rent Range
6% Below $700/month
25% $700 - $1,000/month
56% $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 $1,074, you’ll want to make about $3,580 per month or $42,960 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

258 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.

Explore the Area Guide for Madison Heights, MI

Apartment Averages

Nearby City Rent Trends

  • Royal Oak Average Rent
  • Hazel Park Average Rent
  • Clawson Average Rent
  • Ferndale Average Rent
  • Berkley Average Rent
  • Warren Average Rent
  • Center Line Average Rent

Apartment communities in Madison Heights we think you'll love

Lexington Village

Lexington Village

32000 Concord Dr,
Madison Heights, MI 48071

1-2 Beds | $990 - $1,345

The Tremont

The Tremont

32500 Concord Dr,
Madison Heights, MI 48071

Studio - 2 Beds | $1,135 - $1,505

Canterbury Square

Canterbury Square

2127 N Lovington Dr,
Troy, MI 48083

1-2 Beds | $1,140 - $1,800

Midtown Pointe Apartments

Midtown Pointe Apartments

1712 Midtown Cir,
Royal Oak, MI 48073

1-3 Beds | $2,022 - $3,589

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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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity