$1,500
Total Monthly Price
- 2 Beds
- 1.5 Baths
- 908 Sq Ft
- Townhouse for Rent
24975 Mayfair St, Flat Rock, MI 48134
2 bed 1.5 bath, next to the library, police station, park, and all your shopping needs.
Frequently Asked Questions
How much does it cost to rent a townhouse in Flat Rock, MI?
The median rent for a townhouse in Flat Rock, MI is $1,200 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Flat Rock, MI?
To comfortably afford the median rent in Flat Rock, MI, a household needs to earn roughly $48,000 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 $1,200 per month in Flat Rock, MI, renters typically need to show $3,600 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 Flat Rock, MI?
In Flat Rock, MI, the price-to-rent ratio is 22.8, 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.
