Homes for Rent in Madison Heights, MI

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What to Know About

Life in Madison Heights & Beyond

Madison Heights 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

Madison Heights, MI

As of July 2025, Madison Heights's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Madison Heights's average rent is 19.9% ($272) lower than the Michigan average of $1,365 and 38.4% ($682) lower than the U.S. average of $1,775.

Average Rent
$1,093
Monthly ChangeMonth Over Month Change
Decreased15.3% ($197)
Yearly ChangeYear Over Year Change
Decreased14.2% ($181)
Avg. Days on MarketAverage Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,065 Decreased8.9% ($104) Increased9.1% ($89)
2 Beds $1,255 Decreased19.4% ($303) Increased1.8% ($22)
3 Beds $1,584 Decreased20.4% ($406) Decreased3.2% ($53)
Nearby Cities Average Rent Avg. Rent vs. Madison HeightsAverage Rent vs. Madison Heights Avg. Days on MarketAverage Days on Market
Royal Oak $1,323 Increased21% ($230) 74 days
Clawson $1,397 Increased27.8% ($304) 32 days
Hazel Park $1,414 Increased29.4% ($321) 32 days
Pleasant Ridge $1,120 Increased2.5% ($27) 36 days
Ferndale $1,359 Increased24.3% ($266) 38 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Madison Heights Rental Market FAQs

Explore rental prices, market trends, and availability in Madison Heights, MI.

The average rent in Madison Heights, MI is $1,093 per month.
Homes in Madison Heights typically rent for between $746 and $2,059 per month, with an average of $1,093 per month.
In Madison Heights, the average rent for a 1-bedroom home is $1,065 per month, for a 2-bedroom home, $1,255 per month, and a 3-bedroom home is $1,584 per month.
The average rent in Madison Heights is 38.4% ($682) lower than the national average of $1,775 per month.
The average rent in Madison Heights has decreased by 15.3% ($197) in the last month and decreased by 14.2% ($181) over the past year.
The rental market in Madison Heights, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Madison Heights, MI, the average rental stays on the market for approximately 38 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 7 rental properties available in Madison Heights, MI.
Based on the current averages, a household would need an annual income of $50,200 to comfortably afford a 2-bedroom home in Madison Heights.
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