Apartments in Rouge River Valley Farmington

1 - 20 of 20 Results
44
$1,399 - 1,549
27517 Gateway Dr E Farmington Hills, MI
1 - 2 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
30
$895 - 1,895
28301 Franklin Rd Southfield, MI
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Senior Community
Section 8
46
$1,339 - 2,253
31200 Hunters Dr Farmington Hills, MI
1 - 3 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
Covered Parking
29
$2,705 - 2,985
29900 Franklin RD Southfield, MI
3 BR | Available Now
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Luxury
Covered Parking
In Unit Laundry
14
$2,535
29600 Franklin Rd Southfield, MI
2 BR | Available Now
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Franklin Hills
14
$2,355 - 2,570
29600 Franklin RD Southfield, MI
2 - 3 BR | Available Now
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31
3D Tour
$3,010 - 3,550
33000 Covington Club Dr. Farmington Hills, MI
2 - 3 BR | Available Now
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Covered Parking
In Unit Laundry
30
Call for Pricing
28600 Pebble Creek Parkway Southfield, MI
1 - 3 BR | Ask for Availability
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11
$1,299 - 1,549
27517 Gateway Dr East Farmington Hills, MI
1 - 2 BR | Available Now
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Covered Parking
29
$1,130
30250 W 12 Mile Rd Farmington Hills, MI
1 BR | Available Now
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Storage
Call for Pricing
30250 W 12 Mile RD Farmington Hills, MI
1 - 2 BR | Available Now
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10
$1,395
30475 W 14 MILE UNIT #80 Farmington Hills, MI
1 BR | Available Now
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22
3D Tour
$1,071 - 1,655
27600 Cordoba Drive Farmington Hills, MI
1 - 2 BR | Jun. 14, 2024
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Covered Parking
14
$1,075 - 1,329
27600 Cordoba Drive Farmington Hills, MI
1 - 2 BR | Available Now
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Covered Parking
13
$1,149 - 2,500
28509 Franklin Road Southfield, MI
1 - 2 BR | Available Now
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Balcony/Deck/Patio
30
$885 - 2,115
25500 W 12 Mile Rd Southfield, MI
Studio - 3 BR | Available Now
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Covered Parking
36
$2,039
27775 Stansbury Blvd Farmington Hills, MI
Studio | Available Now
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Short-term
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52
$1,933 - 2,742
7110 Orchard Lake Rd. West Bloomfield, MI
1 - 3 BR | Available Now
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32
$1,000 - 1,725
26601 W. Carnegie Park Dr Southfield, MI
1 - 2 BR | Available Now
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Section 8
18
$1,670 - 2,044
6834 Chimney Hill Dr West Bloomfield, MI
2 BR | Available Now
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  2. Detroit Area Apartments
  3. Farmington
  4. Rouge River Valley

Farmington:
May Rent Report

Welcome to the May 2024 Farmington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Farmington rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Farmington and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Farmington average rent prices in the chart below.

Monthly Rent Report

$1,500
$1,130
$750
$380
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Farmington Rent Prices Decrease From April to May

Farmington rent prices decreased over the last month. From April to May, the city experienced a -0.23% decrease for the price of a one-bedroom apartment. The rent price for a Farmington one-bedroom apartments currently stands at $1,296.0.

When we take a look at the two-bedroom comparison from April to May, Farmington experienced a 0.22% increase for the price of a two-bedroom apartment. The rent price for a Farmington two-bedroom apartments currently stands at $1,398.0.

May Prices: Farmington vs. Surrounding Areas

Rent Prices in Farmington and Surrounding Areas

Rent prices have decreased in Farmington over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Farmington suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Farmington suburbs

  • Rents did not decrease in any of the Farmington suburbs.

May 2024 Pricing Trends: Farmington vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Farmington Rent Prices More Affordable Than Major Cities

Rent growth in Farmington over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Farmington average rent prices appear to be relatively affordable for local residents.

The price for a Farmington one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Farmington and surrounding area rent prices, take a look at the complete data set below.

Data set for Farmington and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.