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Madison Heights, MI Condos for Rent

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  • /35

    $1,830 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Detroit - Madison Heights

    32690 Stephenson Hwy, Madison Heights, MI 48071

    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 - Madison Heights

    32690 Stephenson Hwy, Madison Heights, MI 48071
  • /14

    $1,100 Per Month

    • 1 Bed
    • 1 Bath
    • 768 Sq Ft
    • Condo for Rent

    1887 W 13 Mile Rd Unit 9, Madison Heights, MI 48071

    Property Id: 2043229 Welcome to Royal Madison Apartments, situated within a mile of downtown Royal Oak, one of Metro Detroit's most desirable neighborhoods, offering convenient access to major freeways, shopping centers, restaurants, theaters, and entertainment venues. Enjoy proximity to Little Caesars Arena, Comerica Park, and Ford Field, with this spacious apartment boasting an open floor

    1887 W 13 Mile Rd Unit 9, Madison Heights, MI 48071
  • /30

    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    280 E 13 Mile Rd, Madison Heights, MI 48071

    Beautifully Updated Upper-Level Condo for Lease! This move-in-ready second-floor condominium offers modern updates and low-maintenance living. The spacious kitchen comes complete with a refrigerator, range, dishwasher. Laminate flooring runs throughout the home, complemented by an updated full bathroom.The generously sized primary bedroom offers double closets, while the private covered

    ZAYA- -BOKA Market Max America

    280 E 13 Mile Rd, Madison Heights, MI 48071

Frequently Asked Questions

How much does it cost to rent a condo in Madison Heights, MI?
The median rent for a condo in Madison Heights, MI is $1,050 per month, though prices vary by neighborhood, size, and property type. As of September 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 Madison Heights, MI?
To comfortably afford the median rent in Madison Heights, MI, a household needs to earn roughly $68,000 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 $1,700 per month in Madison Heights, MI, renters typically need to show $5,100 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 Madison Heights, MI?
In Madison Heights, MI, the price-to-rent ratio is 11.3, 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.
What neighborhoods in Madison Heights, MI are best for renting a condo?
The best neighborhood for renting in Madison Heights, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Southwest Warren, Northeast Warren, Palmer Park, Southeast Warren and Bagley, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,050
Median 1 Bedroom Condo Rent
$998
Median 2 Bedroom Condo Rent
$1,400
How to Rent a Home