Find Homes & Apartments for Rent in Farmington, MI

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What to Know About

Life in Farmington & Beyond

Farmington shares many of the great qualities that make Michigan a desirable place to live.

Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Farmington, MI

As of March 2025, Farmington's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Farmington's average rent is 10.6% ($146) lower than the Michigan average of $1,376 and 31.2% ($558) lower than the U.S. average of $1,788.

Average Rent
$1,230
Monthly ChangeMonth Over Month Change
Increased9.7% ($109)
Yearly ChangeYear Over Year Change
Increased6.4% ($74)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,101 No change Increased1% ($11)
2 Beds $1,440 Increased6.9% ($93) Increased4.6% ($63)
3 Beds $1,844 Increased3.2% ($57) Increased0.9% ($16)
Nearby Cities Average Rent Avg. Rent vs. FarmingtonAverage Rent vs. Farmington Avg. Days on MarketAverage Days on Market
Novi $1,621 Increased31.8% ($391) 37 days
Livonia $1,388 Increased12.8% ($158) 40 days
Southfield $1,246 Increased1.3% ($16) 35 days
Redford $1,444 Increased17.4% ($214) 37 days
Walled Lake $1,758 Increased42.9% ($528) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Farmington Rental Market FAQs

Explore rental prices, market trends, and availability in Farmington, MI.

The average rent in Farmington, MI is $1,230 per month.
Homes in Farmington typically rent for between $771 and $2,397 per month, with an average of $1,230 per month.
In Farmington, the average rent for a 1-bedroom home is $1,101 per month, for a 2-bedroom home, $1,440 per month, and a 3-bedroom home is $1,844 per month.
The average rent in Farmington is 31.2% ($558) lower than the national average of $1,788 per month.
The average rent in Farmington has increased by 9.7% ($109) in the last month and increased by 6.4% ($74) over the past year.
The rental market in Farmington, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Farmington, MI, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 23 rental properties available in Farmington, MI.
Based on the current averages, a household would need an annual income of $57,600 to comfortably afford a 2-bedroom home in Farmington.
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