Welcome to the Apartment List July 2026 Rent Report for Farmington Hills, MI. Currently, the overall median rent in the city stands at $1,537, after rising 2.1% last month. Prices and are now up 1.4% year-over-year. Read on to learn more about what’s been happening in the Farmington Hills rental market and how it compares to trends throughout the broader Detroit metro area and the nation as a whole.