Renter Resources
Steps to Take After a Rental Scam
You just realized you gave money to a fraudulent landlord. Follow these six proven steps to limit financial damage, protect your identity, and maximize your chances of recovery.
•8 min read
Viewing 1-19 of 19 rentals in Farmington
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 June 2025, Farmington's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Farmington's average rent is 13.1% ($180) lower than the Michigan average of $1,376 and 33.0% ($588) lower than the U.S. average of $1,784.
Average Rent
$1,196
Monthly ChangeMonth Over Month Change
3.5% ($41)
Yearly ChangeYear Over Year Change
20.6% ($311)
Avg. Days on MarketAverage Days on Market
35
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,170 | 2.9% ($33) | 7.7% ($84) |
| 2 Beds | $1,559 | 17.7% ($234) | 0.4% ($7) |
| 3 Beds | $2,150 | 1.7% ($38) | 3.1% ($69) |
| Nearby Cities | Average Rent | Avg. Rent vs. FarmingtonAverage Rent vs. Farmington | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Novi | $1,738 | 45.3% ($542) | 37 days |
| Franklin | $1,533 | 28.2% ($337) | 34 days |
| Livonia | $1,113 | 6.9% ($83) | 40 days |
| Southfield | $1,352 | 13% ($156) | 35 days |
| Redford | $1,372 | 14.7% ($176) | 37 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 $1,196 per month.
Homes in Farmington typically rent for between $819 and $2,795 per month, with an average of $1,196 per month.
In Farmington, the average rent for a 1-bedroom home is $1,170 per month, for a 2-bedroom home, $1,559 per month, and a 3-bedroom home is $2,150 per month.
The average rent in Farmington is 33% ($588) lower than the national average of $1,784 per month.
The average rent in Farmington has increased by 3.5% ($41) in the last month and decreased by 20.6% ($311) 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 19 rental properties available in Farmington, MI.
Based on the current averages, a household would need an annual income of $62,360 to comfortably afford a 2-bedroom home in Farmington.
