Apartments in Parkhill Farmington

1 - 11 of 11 Results
44
$1,409 - 1,669
27517 Gateway Dr E Farmington Hills, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
36
$1,745
27775 Stansbury Blvd Farmington Hills, MI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
29
$1,130
30250 W 12 Mile Rd Farmington Hills, MI
1 BR | Jan. 10, 2025
Contact
Dog Friendly
Cat Friendly
Storage
1
$1,250
Farmington Hills, MI
2 BR | Available Now
Contact
In Unit Laundry
Fitness Center
Storage
OCC
22
3D Tour
$1,275 - 1,773
27600 Cordoba Drive Farmington Hills, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
14
$1,075 - 1,329
27600 Cordoba Drive Farmington Hills, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
11
$1,299 - 1,549
27517 Gateway Dr East Farmington Hills, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
1
$1,700 - 2,500
Farmington Hills, MI
2 - 3 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
Dishwasher
45
$1,700 - 2,500
Farmington Hills, MI
2 - 3 BR | Available Now
Contact
Cat Friendly
19
$2,200
Oakland County, MI
2 BR | Available Now
Contact
Dog Friendly
Balcony/Deck/Patio
Dishwasher
31
3D Tour
$3,240 - 3,720
33000 Covington Club Dr. Farmington Hills, MI
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Covered Parking
In Unit Laundry
1 - 11 of 11 Results
  1. Home
  2. Detroit Area Apartments
  3. Farmington
  4. Parkhill

Farmington:
December Rent Report

Welcome to the December 2024 Farmington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Farmington rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Farmington and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Farmington average rent prices in the chart below.

Monthly Rent Report

$1,450
$1,090
$730
$360
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Farmington Rent Prices Decrease From November to December

Farmington rent prices decreased over the last month. From November to December, the city experienced a -0.08% decrease for the price of a one-bedroom apartment. The rent price for a Farmington one-bedroom apartments currently stands at $1,299.0.

When we take a look at the two-bedroom comparison from November to December, Farmington experienced a -0.07% decrease for the price of a two-bedroom apartment. The rent price for a Farmington two-bedroom apartments currently stands at $1,394.0.

December Prices: Farmington vs. Surrounding Areas

Rent Prices in Farmington and Surrounding Areas

Rent prices have decreased in Farmington over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Farmington suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Farmington suburbs

  • Rents did not decrease in any of the Farmington suburbs.

December 2024 Pricing Trends: Farmington vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Farmington Rent Prices More Affordable Than Major Cities

Rent growth in Farmington over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Farmington average rent prices appear to be relatively affordable for local residents.

The price for a Farmington one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Farmington and surrounding area rent prices, take a look at the complete data set below.

Data set for Farmington and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.