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53 Studio Apartments for rent in Pontiac, MI

Last updated July 20 at 2:33am UTC
606 W. HURON Street
Seminole Hills
Pontiac, MI
Updated June 26 at 7:05am UTC
Studio
$1,750
240 W WALTON Boulevard
Pontiac
Pontiac, MI
Updated June 15 at 2:23am UTC
Studio
$1,200
42690 Woodward
Bloomfield Hills
Bloomfield Hills, MI
Updated July 20 at 2:32am UTC
Studio
$2,320
1899 ORCHARD LAKE Road
Keego Harbor
Keego Harbor, MI
Updated July 20 at 2:30am UTC
Studio
$2,235
Results within 1 miles of Pontiac, MI
2891 PONTIAC LAKE Road
, MI
Updated July 20 at 2:30am UTC
Studio
$1,050
2476 ORCHARD LAKE Road
Keego Harbor
Sylvan Lake, MI
Updated July 17 at 10:22am UTC
Studio
$800
1877 Orchard Lake Road
Keego Harbor
Keego Harbor, MI
Updated July 8 at 2:30am UTC
Studio
$1,382
2701 ELIZABETH LAKE Road
, MI
Updated June 25 at 2:45am UTC
Studio
$1,500
2545 N OPDYKE Road
Auburn Hills
Auburn Hills, MI
Updated June 11 at 4:43pm UTC
Studio
$994
2474 ORCHARD LAKE Road
Keego Harbor
Sylvan Lake, MI
Updated June 10 at 11:45pm UTC
Studio
$900
2211 ELIZABETH LAKE Road
, MI
Updated June 5 at 8:21am UTC
Studio
$1,500
4345 MEIGS Avenue
, MI
Updated July 20 at 2:31am UTC
Studio
$375
4100 W WALTON Boulevard
, MI
Updated July 14 at 2:32pm UTC
Studio
$1,600
4904 HIGHLAND Road
, MI
Updated May 12 at 12:13pm UTC
Studio
$1,200
Results within 5 miles of Pontiac, MI
24209 Northwestern
Southfield
Southfield, MI
Updated July 20 at 2:33am UTC
Studio
$1,900
24333 Southfield Road
Southfield
Southfield, MI
Updated July 20 at 2:33am UTC
Studio
$500
24450 Evergreen
Southfield
Southfield, MI
Updated July 20 at 2:33am UTC
Studio
$1,800
2820 W MAPLE Road
The Transit Center
Troy, MI
Updated July 20 at 2:31am UTC
Studio
$350
6485 DIXIE Highway
, MI
Updated July 20 at 2:31am UTC
Studio
$12,600
Results within 10 miles of Pontiac, MI
20 E WALTON Boulevard
Pontiac
Pontiac, MI
Updated May 25 at 3:27pm UTC
Studio
$20,000
870 CESAR E CHAVEZ Avenue
Pontiac
Pontiac, MI
Updated May 9 at 1:47pm UTC
Studio
$3,000
2490 DIXIE Highway
, MI
Updated May 23 at 1:51am UTC
Studio
$3,900
4512 DIXIE Highway
, MI
Updated June 26 at 11:19pm UTC
Studio
$999
Richwood Road
Auburn Hills
Auburn Hills, MI
Updated July 6 at 7:40am UTC
Studio
$1,450

July 2018 Pontiac Rent Report

Welcome to the July 2018 Pontiac Rent Report. Pontiac rents declined over the past month. In this report, we'll evaluate trends in the Pontiac rental market, including comparisons to cities throughout the metro, state, and nation.

View full Pontiac Rent Report
Rent Report
Pontiac

July 2018 Pontiac Rent Report

Welcome to the July 2018 Pontiac Rent Report. Pontiac rents declined over the past month. In this report, we'll evaluate trends in the Pontiac rental market, including comparisons to cities throughout the metro, state, and nation.

Pontiac rents declined slightly over the past month

Pontiac rents have declined 0.2% over the past month, but have increased marginally by 0.9% in comparison to the same time last year. Currently, median rents in Pontiac stand at $720 for a one-bedroom apartment and $940 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in March. Pontiac's year-over-year rent growth lags the state average of 1.5%, as well as the national average of 1.4%.

Rents rising across the Detroit Metro

Throughout the past year, rent increases have been occurring not just in the city of Pontiac, but across the entire metro. Of the largest 10 cities that we have data for in the Detroit metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Taylor has seen rents fall by 0.7% over the past year, the biggest drop in the metro. It also has the least expensive rents in the Detroit metro, with a two-bedroom median of $890.
  • Warren has seen the fastest rent growth in the metro, with a year-over-year increase of 9.7%. The median two-bedroom there costs $1,010, while one-bedrooms go for $780.
  • Dearborn has the most expensive rents of the largest cities in the Detroit metro, with a two-bedroom median of $1,310; rents were up 1.1% over the past month and 1.2% over the past year.

Pontiac rents more affordable than many large cities nationwide

As rents have increased marginally in Pontiac, other large cities nationwide have seen rents grow more quickly. Pontiac is still more affordable than most large cities across the country.

  • Rents increased slightly in other cities across the state, with Michigan as a whole logging rent growth of 1.5% over the past year. For example, rents have grown by 2.1% in Grand Rapids and 1.9% in Lansing.
  • Pontiac's median two-bedroom rent of $940 is below the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 0.9% increase in Pontiac.
  • While Pontiac's rents rose marginally over the past year, many cities nationwide saw decreases, including Chicago (-1.3%), Baltimore (-0.6%), and Minneapolis (-0.1%).
  • Renters will find more reasonable prices in Pontiac than most large cities. For example, Chicago has a median 2BR rent of $1,270.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Detroit $690 $890 0.4% 1.3%
Warren $780 $1,010 1.7% 9.7%
Sterling Heights $830 $1,070 0.7% 2.8%
Dearborn $1,000 $1,310 1.1% 1.2%
Livonia $940 $1,220 0.2% 2.9%
Westland $740 $960 0.3% 1.7%
Troy $1,000 $1,300 -0.1% 0.5%
Southfield $900 $1,170 0.1% 1.0%
Taylor $680 $890 0.5% -0.7%
Pontiac $720 $940 -0.2% 0.9%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.