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Madison Heights, MI Condos for Rent

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  • 32690 Stephenson Hwy, Madison Heights, MI 48071
    32690 Stephenson Hwy, Madison Heights, MI 48071
    32690 Stephenson Hwy, Madison Heights, MI 48071
    /35

    $1,995 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
  • 28639 John R Rd, Madison Heights, MI 48071
    28639 John R Rd, Madison Heights, MI 48071
    28639 John R Rd, Madison Heights, MI 48071
    /4

    $995 Per Month

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

    28639 John R Rd, Madison Heights, MI 48071

    NEWLY RENOVATED 1 BEDROOM APARTMENT IN MADISON HEIGHTS! Features modern finishes, updated interior, on-site washer/dryer, plenty of parking, and pet-friendly living. Gas & trash included. Transparent pricing with no hidden fees. Fast approvals and low move-in cost options available. Convenient location near shopping, dining, and major freeways. Photos may not reflect exact unit.

    Layal Saad Keller Williams Legacy

    28639 John R Rd, Madison Heights, MI 48071
  • 2505 N Campbell Rd, Royal Oak, MI 48073
    2505 N Campbell Rd, Royal Oak, MI 48073
    2505 N Campbell Rd, Royal Oak, MI 48073
    /37

    $3,150 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,200 Sq Ft
    • Condo for Rent

    2505 N Campbell Rd, Royal Oak, MI 48073

    New construction townhouse for rent!! 3 bedrooms with 3 1/2 baths! Plus, a LOWER LEVEL FULLY FINISHED SUITE W SEPERATE FULL BATH- INCLUDED!! One-of-a kind! Upstairs laundry / washer& dryer-included! Very open- modern concept, light kitchen w quartz countertop & stainless-steel appliances are new and included!! Insulated garage w auto gar door opener. Very spacious- 2200 square feet total. Auto

    Andrew Konopada RE/MAX Classic

    2505 N Campbell Rd, Royal Oak, MI 48073
Michigan Oakland County

Condos for Rent in Madison Heights, MI

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 $998 per month, though prices vary by neighborhood, size, and property type. As of July 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 Northwest Warren, Southwest Warren, Northeast Warren, Palmer Park and Oakman Boulevard Community, each with its own character and price range.

Condo Rental Trends in Madison Heights, MI

There are currently 3 condos available for rent in Madison Heights, MI. The median rent is $998 per month, with 1-bedroom condos renting at $995.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$998
Median 1 Bedroom Condo Rent
$995
How to Rent a Home

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