Farmington Hills, Oakland County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Farmington Hills, Oakland County, MI

Median Home Price Price

$369,044 $369K

Median Monthly Rent Rent

$1,415 $1.4K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Farmington Hills, MI is $1,415, with MoM change +$12 and YoY change +$86 pointing to positive momentum while volatility is low (std $20).

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Metric

Base market Farmington Hills, MI

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Delta vs base

Median rent

$1,415

N/A

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Median price

$369,044

N/A

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YoY change

+$86

N/A

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Price-to-rent

21.7x

Data unavailable

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