About 35% of Madison Heights households rent, roughly 4,800 homes out of 13,600.
| Population | 28,419 |
| Households that rent | 4,798 (35.2%) |
| Median gross rent | $1,176 per month |
| Rental vacancy rate | About 13% |
| Median home value | $199,100 |
| Median household income | $69,503 |
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (tables B01003, B25003, B25064, B25077, B19013). The vacancy rate is calculated from table B25004 and is approximate.
| 1 bedroom | $1,071 |
| 2 bedrooms | $1,309 |
| 3 bedrooms | $1,570 |
These are median gross rents across all occupied rentals in Madison Heights, 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).
Madison Heights licenses landlords. The city’s rule is simple: if you own an occupied home in the city that you do not live in, you are a landlord and need a license.
- License term: a first license may run for less than three years, and every renewal is for a three-year period.
- Inspections: the home is inspected with the first application, and a new inspection is required at each renewal.
- Renewal timing: the renewal application must be received before the current expiration date, and renewals must be completed within 30 days after the renewal date.
Questions go to the Madison Heights Community Development Department at 248-583-0831.
Source: City of Madison Heights, Landlord Licensing.
Madison Heights is served mainly by Lamphere Public Schools and Madison District Public Schools. Some addresses fall in neighboring districts, so it is worth confirming the district before a home is advertised. Madison Heights addresses use ZIP code 48071.
We also manage rental homes and multi-family units in Hazel Park, Royal Oak, Pleasant Ridge, Ferndale and Huntington Woods. See every community we serve in Oakland County.
What is the average rent in Madison Heights, MI?
The median gross rent in Madison Heights is $1,176 per month, according to the Census Bureau’s 2020–2024 American Community Survey. Three-bedroom rentals have a median of $1,570.
Do I need to register my rental property in Madison Heights?
Yes. Madison Heights requires a landlord license for any occupied home in the city that the owner does not live in.
How often does Madison Heights inspect rental properties?
At the first license application and again at each renewal. Madison Heights landlord license renewals run for three years, so a licensed rental is inspected every three years.
How many homes in Madison Heights are rentals?
About 35% of occupied homes in Madison Heights are rented, roughly 4,800 households, according to the Census Bureau.
What types of Madison Heights properties do you manage?
We manage and lease single-family homes and multi-family units in Madison Heights and across Oakland County.
How do I find out what my Madison Heights home will rent for?
Request a free rental analysis and we will send you a rent estimate for your address.