Oakland County renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Oakland County is about $1,499 per month. This puts it in the 99th percentile compared to the state average cost of rent, which is $1,107. Households in Oakland County have a median income of $7,681 per month so the average renter in Oakland County is spending roughly 20% of their earnings on housing.
Nationally, and in Oakland County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Oakland County is $341,758 right now, which is higher than counties nearby, meaning that rents in Oakland County also tend to be higher versus these nearby counties.
Higher rent prices are common in the central parts of Oakland County while lower rent rates are often available in northern areas.
Nearby Counties
- Macomb County, MI: less expensive rent prices
- Wayne County, MI: less expensive rent prices
- Livingston County, MI: less expensive rent prices
- Washtenaw County, MI: more expensive rent prices
- Lapeer County, MI: less expensive rent prices
- Genesee County, MI: less expensive rent prices
- St. Clair County, MI: less expensive rent prices
- Monroe County, MI: less expensive rent prices
- Shiawassee County, MI: less expensive rent prices
- Ingham County, MI: less expensive rent prices
Counties with Similar Populations
- Orange County, FL: more expensive rent prices
- Cuyahoga County, OH: less expensive rent prices
- Franklin County, OH: less expensive rent prices
- Allegheny County, PA: less expensive rent prices
- Hennepin County, MN: less expensive rent prices
- Hillsborough County, FL: less expensive rent prices
- Travis County, TX: more expensive rent prices
- Fairfax County, VA: more expensive rent prices
- Nassau County, NY: more expensive rent prices
- Contra Costa County, CA: more expensive rent prices
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