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

Bloomfield Hills, MI

As of July 2025, Bloomfield Hills's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Bloomfield Hills's average rent is 6.3% ($86) higher than the Michigan average of $1,365 and 18.3% ($324) lower than the U.S. average of $1,775.

Average Rent

$1,451

Monthly ChangeMonth Over Month Change

50% ($1450)

Yearly ChangeYear Over Year Change

18.6% ($331)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,079	39.1% ($693)	20.5% ($278)
2 Beds	$1,463	37.6% ($881)	14.7% ($252)
3 Beds	$1,813	39.6% ($1187)	20.3% ($462)

Nearby Cities	Average Rent	Avg. Rent vs. Bloomfield HillsAverage Rent vs. Bloomfield Hills	Avg. Days on MarketAverage Days on Market
Birmingham	$1,789	23.3% ($338)	32 days
Franklin	$1,543	6.3% ($92)	34 days
Pontiac	$1,116	23.1% ($335)	34 days
West Bloomfield	$1,989	37.1% ($538)	34 days
Auburn Hills	$2,096	44.5% ($645)	36 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Bloomfield Hills Rental Market FAQs

Explore rental prices, market trends, and availability in Bloomfield Hills, MI.

What is the average rent in Bloomfield Hills, MI?

The average rent in Bloomfield Hills, MI is $1,451 per month.

What is the rental price range for homes in Bloomfield Hills, MI?

Homes in Bloomfield Hills typically rent for between $755 and $2,357 per month, with an average of $1,451 per month.

What is the average rent for different bedroom sizes in Bloomfield Hills, MI?

In Bloomfield Hills, the average rent for a 1-bedroom home is $1,079 per month, for a 2-bedroom home, $1,463 per month, and a 3-bedroom home is $1,813 per month.

How do rent prices in Bloomfield Hills, MI compare with the national average?

The average rent in Bloomfield Hills is 18.3% ($324) lower than the national average of $1,775 per month.

How have rent prices in Bloomfield Hills, MI changed recently?

The average rent in Bloomfield Hills has decreased by 50.0% ($1,450) in the last month and decreased by 18.6% ($331) over the past year.

How competitive is the rental market in Bloomfield Hills, MI?

The rental market in Bloomfield Hills, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Bloomfield Hills, MI?

In Bloomfield Hills, MI, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Bloomfield Hills, MI?

There are currently 3 rental properties available in Bloomfield Hills, MI.

Can I afford to rent a home in Bloomfield Hills, MI?

Based on the current averages, a household would need an annual income of $58,520 to comfortably afford a 2-bedroom home in Bloomfield Hills.