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Studio Apartment for Rent in Commerce, MI

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    Starting at $1,467 Per Month

    • Studio - 3 Beds

    1000 Pinewood Ave, Commerce Township, MI 48390

    Springs at Five & Main is a gated, garden-style apartment community in Commerce Township, Michigan, in the Detroit metro area near Milford, the Walled Lake School District, and Twelve Oaks Mall. Residents enjoy private entry living with an in-home washer/dryer, a private balcony or patio, and a professional onsite team. Springs at Five & Main offers studio, one, two, and three bedroom floor

    Springs at Five and Main

    (248) 479-3912

    1000 Pinewood Ave, Commerce Township, MI 48390

Why Live in Commerce

Commerce Township in Oakland County, MI, is a suburban area located 32 miles northwest of Detroit. Originally a resort destination, it has grown into a permanent home for over 40,000 residents. The township is known for its rural environment and abundant water activities, thanks to the Huron River runoff that flows into several scenic lakes. Residents enjoy outdoor recreation at Proud Lake State Recreation Area, which spans 3,000 acres and offers camping, fishing, hiking, mountain biking, skiing, and horseback riding. Commerce Township features large homes with private piers along North and South Commerce Lakes, Lake Sherwood, Lower Straits Lake, and Long Lake. Home styles range from townhomes and upscale condos to Cape Cods and contemporary Neo-traditional homes. The community is car-dependent, with driveways, attached garages, and back patios being central features.

Families benefit from highly rated schools within the Walled Lake Consolidated Schools district, including Commerce Elementary, Clifford H. Smart Middle School, and Walled Lake Northern High School. The high school offers Career and Technical education programs in architecture, cybersecurity, and engineering. For things to do, residents can visit Dodge Park, Wise Woods Park, and Robert H. Long Nature Park for walking, cycling, and enjoying nature. Golf enthusiasts frequent Bay Pointe Golf Club, while dining options include The Lakes Bar & Grille, Uptown Grille, and It’s A Matter of Taste. Long Family Orchard, Farm & Cider Mill is popular for fresh cider and seasonal activities. Commerce Township is conveniently located near I-96, M-59, and M-5, with Detroit Metropolitan Wayne County Airport 35 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Commerce, MI?
The median rent for a home in Commerce, MI is $2,075 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Commerce, MI?
To comfortably afford the median rent in Commerce, MI, a household needs to earn roughly $83,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,075 per month in Commerce, MI, renters typically need to show $6,225 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Commerce, MI?
In Commerce, MI, the price-to-rent ratio is 17.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Commerce, MI

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,075
Median Single Family Home Rent
$2,200
Median Townhouse Rent
$3,100
Median Condo Rent
$1,488
How to Rent a Home