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

Highland Park, MI

As of August 2025, Highland Park's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Highland Park's average rent is 19.5% ($269) lower than the Michigan average of $1,383 and 37.8% ($676) lower than the U.S. average of $1,790.

Average Rent

$1,114

Monthly ChangeMonth Over Month Change

1.3% ($15)

Yearly ChangeYear Over Year Change

11.1% ($111)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$827	0.4% ($3)	10.4% ($78)
2 Beds	$1,099	0.1% ($1)	16.2% ($153)
3 Beds	$1,412	1.9% ($26)	12.4% ($156)

Nearby Cities	Average Rent	Avg. Rent vs. Highland ParkAverage Rent vs. Highland Park	Avg. Days on MarketAverage Days on Market
Hamtramck	$1,267	13.7% ($153)	39 days
Hazel Park	$1,087	2.4% ($27)	32 days
Ferndale	$1,375	23.4% ($261)	38 days
Pleasant Ridge	$1,120	0.5% ($6)	36 days
Detroit	$1,383	24.1% ($269)	39 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Highland Park Rental Market FAQs

Explore rental prices, market trends, and availability in Highland Park, MI.

What is the average rent in Highland Park, MI?

The average rent in Highland Park, MI is $1,114 per month.

What is the rental price range for houses in Highland Park, MI?

Houses in Highland Park typically rent for between $600 and $1,836 per month, with an average of $1,114 per month.

What is the average rent for different bedroom sizes in Highland Park, MI?

In Highland Park, the average rent for a 1-bedroom house is $827 per month, for a 2-bedroom house, $1,099 per month, and a 3-bedroom house is $1,412 per month.

How do rent prices in Highland Park, MI compare with the national average?

The average rent in Highland Park is 37.8% ($676) lower than the national average of $1,790 per month.

How have rent prices in Highland Park, MI changed recently?

The average rent in Highland Park has decreased by 1.3% ($15) in the last month and increased by 11.1% ($111) over the past year.

How competitive is the rental market in Highland Park, MI?

The rental market in Highland Park, 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 Highland Park, MI?

In Highland Park, MI, the average rental stays on the market for approximately 40 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 Highland Park, MI?

There are currently 9 rental properties available in Highland Park, MI.

Can I afford to rent a house in Highland Park, MI?

Based on the current averages, a household would need an annual income of $43,960 to comfortably afford a 2-bedroom house in Highland Park.