Studio Condos for Rent in Farmington Hills, MI

/25
$1,643 Per Month
- Studio
- 1 Bath
- 300 Sq Ft
- Furnished Studio-Detroit - Farmington Hills
27775 Stansbury St, Farmington Hills, MI 48334

Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

Furnished Studio-Detroit - Farmington Hills

27775 Stansbury St, Farmington Hills, MI 48334
Explore Farmington Hills
/33
$1,529 Per Month
- Studio
- 1 Bath
- 300 Sq Ft
- Furnished Studio-Detroit - Novi - Haggerty Road
21555 Haggerty Rd, Novi, MI 48375

Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

Furnished Studio-Detroit - Novi - Haggerty Road

21555 Haggerty Rd, Novi, MI 48375

Michigan Oakland County

Frequently Asked Questions

How much does it cost to rent a condo in Farmington Hills, MI?

The median rent for a condo in Farmington Hills, MI is $1,600 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.

How much do you need to make to afford rent in Farmington Hills, MI?

To comfortably afford the median rent in Farmington Hills, MI, a household needs to earn roughly $75,480 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 $1,887 per month in Farmington Hills, MI, renters typically need to show $5,661 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 Farmington Hills, MI?

In Farmington Hills, MI, the price-to-rent ratio is 16.4, 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.

Condo Rental Trends in Farmington Hills, MI

There are currently 2 condos available for rent in Farmington Hills, MI. The median rent is $1,600 per month, with 1-bedroom condos renting at $1,150, 2-bedroom condos at $1,750 and 3-bedroom condos at $2,300.

Rental Home Trends

Number of Condos for Rent 2	Median Condo Rent $1,600
Median 1 Bedroom Condo Rent $1,150	Median 2 Bedroom Condo Rent $1,750
Median 3 Bedroom Condo Rent $2,300

How to Rent a Home

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