Apartments & Condos for Rent in Oakland County, MI

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What to Know About

Life in Oakland County & Beyond

Oakland County 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

Oakland County, MI

As of April 2025, Oakland County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Oakland County's average rent is 10.9% ($149) higher than the Michigan average of $1,367 and 15.7% ($283) lower than the U.S. average of $1,799.

Average Rent
$1,516
Monthly ChangeMonth Over Month Change
Decreased1.4% ($22)
Yearly ChangeYear Over Year Change
Decreased1.3% ($20)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,231 Decreased1.3% ($16) Increased1.4% ($17)
2 Beds $1,594 Increased0.4% ($7) Decreased0.3% ($4)
3 Beds $2,281 Decreased1.1% ($26) Increased15.4% ($304)
Cities within Oakland County Average Rent Avg. Rent vs. OaklandAverage Rent vs. Oakland County Avg. Days on MarketAverage Days on Market
Royal Oak $1,390 Decreased8.3% ($126) 74 days
Pontiac $1,095 Decreased27.8% ($421) 34 days
Farmington $1,480 Decreased2.4% ($36) 35 days
Auburn Hills $2,074 Increased36.8% ($558) 36 days
Ferndale $1,277 Decreased15.8% ($239) 38 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Oakland County Rental Market FAQs

Explore rental prices, market trends, and availability in Oakland County, MI.

The average rent in Oakland County, MI is $1,516 per month.
Apartments in Oakland County typically rent for between $862 and $2,965 per month, with an average of $1,516 per month.
In Oakland County, the average rent for a 1-bedroom apartment is $1,231 per month, for a 2-bedroom apartment, $1,594 per month, and a 3-bedroom apartment is $2,281 per month.
The average rent in Oakland County is 15.7% ($283) lower than the national average of $1,799 per month.
The average rent in Oakland County has decreased by 1.4% ($22) in the last month and decreased by 1.3% ($20) over the past year.
The rental market in Oakland County, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Oakland County, MI, the average rental stays on the market for approximately 34 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 337 rental properties available in Oakland County, MI.
Based on the current averages, a household would need an annual income of $63,760 to comfortably afford a 2-bedroom apartment in Oakland County.
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