Farmington Homes for Rent
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Farmington Homes for Rent
Need to rent a house? Farmington has a variety of impressive possibilities and MyNewPlace's home rental search will help you locate the exact right one. House rentals can be the easiest choice to have more room for you and your family. Single family house, condo, or townhome - you can find the perfect rental home in the grandest parts of Farmington that will fit your housing needs. You can also get all kinds of answers to your housing rental questions by visiting our Blog
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Farmington Market Trends
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Household Income
Household Income City State City Compared to State Less than $10,000 4.3% 8.3% -4.0% $10,000 to $14,999 5.8% 5.8% +0.0% $15,000 to $19,999 4.9% 6.0% -1.1% $20,000 to $24,999 5.9% 6.4% -0.5% $25,000 to $29,999 5.2% 6.2% -1.0% $30,000 to $34,999 5.6% 6.2% -0.6% $35,000 to $39,999 3.6% 5.8% -2.2% $40,000 to $44,999 5.4% 5.7% -0.3% $45,000 to $49,999 3.9% 5.0% -1.1% $50,000 to $59,999 7.2% 9.3% -2.1% $60,000 to $74,999 12.5% 11.2% +1.3% $75,000 to $99,999 15.4% 11.4% +4.0% $100,000 to $124,999 8.2% 5.9% +2.3% $125,000 to $149,999 5.2% 2.7% +2.5% $150,000 to $199,999 4.4% 2.1% +2.3% $200,000 or more 2.3% 2.0% +0.3% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 6.2% 7.5% -1.3% 10.0% to 14.9% 15.4% 13.4% +2.0% 15.0% to 19.9% 15.1% 14.9% +0.2% 20.0% to 24.9% 13.5% 12.4% +1.1% 25.0% to 29.9% 7.7% 10.0% -2.3% 30.0% to 34.9% 8.8% 6.8% +2.0% 35.0% to 39.9% 6.8% 4.7% +2.1% 40.0% to 49.9% 8.0% 6.3% +1.7% 50.0% or more 15.9% 17.4% -1.5% Not computed 2.5% 6.7% -4.2% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 3.5% 14.7% -11.2% 25 to 34 years 28.2% 28.1% +0.1% 35 to 44 years 15.7% 21.0% -5.3% 45 to 54 years 12.1% 14.0% -1.9% 55 to 64 years 7.4% 7.3% +0.1% 65 to 74 years 10.3% 5.9% +4.4% 75 to 84 years 14.9% 6.0% +8.9% 85 years and over 7.8% 2.9% +4.9% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 37.6% 39.2% -1.6% 30 to 44 minutes 32.9% 25.2% +7.7% 45 to 59 minutes 17.8% 13.3% +4.5% 60 or more minutes 11.7% 22.3% -10.6%
Source: 2000 Census
Average Price to Lease a Home Property in Farmington, Michigan
| # Bedrooms | Apr | Mar | Jan | 3 Month % change |
|---|---|---|---|---|
| 1 Bed | N/A | N/A | N/A | 0% |
| 2 Bed | N/A | N/A | N/A | 0% |
| 3 Bed | $1,225 | $1,300 | $1,348 | -9.1% |
| 4 Bed | N/A | N/A | N/A | 0% |
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Houses for Rent in Cities Near Farmington, MI
MyNewPlace can help you find the Farmington, MI home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Farmington, MI.