Auburn Gate Apartments
100 Lake Village Blvd,
Auburn Hills, MI 48326
1-3 Beds | $1,464 - $2,095
Rental Market Trends in Pontiac, MI
What is the average rent in Pontiac, MI?
$919/month
Average Rent
680 Sq Ft
Average Apartment Size
+2%
Increase in the Last Year
As of January 2025, the average rent in Pontiac, MI is $919 per month. This is 41% lower than the national average rent of $1,553/month, making renting in Pontiac more affordable than most cities in the US. When you rent an apartment in Pontiac, you can expect to pay about $702 per month for a studio, $919 for a one-bedroom apartment, and around $1,071 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,279 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 Pontiac, MI?
In the past year, rent has increased by 2%, which averages out to $19 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 January 2025
Legend
2024
2025
Rent Ranges in Pontiac, MI
Last Updated January 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
28%
Below $700/month
36%
$700 - $1,000/month
36%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Pontiac, MI?
Because the average rent in Pontiac is $919, you’ll want to make about $3,063 per month or $36,756 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 Pontiac, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Pontiac, 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.
Nearby City Rent Trends
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Princeton Management
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Woda Cooper Companies
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Methodology
† 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.
* Percentages may not total 100 due to rounding.