About 38% of Farmington households rent, roughly 2,000 homes out of 5,200.
| Population | 11,504 |
| Households that rent | 2,009 (38.3%) |
| Median gross rent | $1,340 per month |
| Median home value | $297,200 |
| Median household income | $97,750 |
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (tables B01003, B25003, B25064, B25077, B19013).
| 1 bedroom | $1,175 |
| 2 bedrooms | $1,403 |
| 3 bedrooms | $1,961 |
These are median gross rents across all occupied rentals in Farmington, including long-standing leases, and they include utilities paid by the tenant. A home coming to market today may be priced differently. A free rental analysis gives you a figure for your specific address.
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, table B25031 (median gross rent by bedrooms).
The City of Farmington requires single-family and two-family rental homes to be registered and to hold a certificate of compliance, under Ordinance C-809-2023.
- Registration: the owner registers the home with the city before it is rented or offered for rent. A new owner must register within 30 days of the sale.
- Certificate of compliance: required before the home is occupied. It is valid for up to three years, or until there is a change of tenant.
- Inspection cycle: at least once every three years, or whenever there is a change of tenant. The owner is responsible for scheduling the inspection.
- Out-of-area owners: owners who live or are based more than 50 miles from the city must provide an on-site supervisor or a local property management company.
- Penalties: a violation is a municipal civil infraction.
Questions go to the City of Farmington Building Department.
Source: City of Farmington, Ordinance No. C-809-2023, sections 19-203 to 19-205.
Most of Farmington is served by Farmington Public Schools. Some addresses fall in neighboring districts, so it is worth confirming the district before a home is advertised. Farmington addresses use ZIP codes 48335 and 48336.
We also manage rental homes and multi-family units in Farmington Hills, Novi, Franklin, Northville and Bingham Farms. See every community we serve in Oakland County.
What is the average rent in Farmington, MI?
The median gross rent in Farmington is $1,340 per month, according to the Census Bureau’s 2020–2024 American Community Survey. Three-bedroom rentals have a median of $1,961.
Do I need to register my rental property in Farmington?
Yes, for single-family and two-family rentals. The City of Farmington requires the home to be registered before it is rented or offered for rent, and to have a certificate of compliance before it is occupied.
How often does Farmington inspect rental properties?
At least once every three years, or whenever there is a change of tenant.
How many homes in Farmington are rentals?
About 38% of occupied homes in Farmington are rented, roughly 2,000 households, according to the Census Bureau.
What types of Farmington properties do you manage?
We manage and lease single-family homes and multi-family units in Farmington and across Oakland County.
How do I find out what my Farmington home will rent for?
Request a free rental analysis and we will send you a rent estimate for your address.