83 Apartments under 700 for rent in Southfield, MI

Last updated August 18 at 5:26pm UTC
24333 Southfield Road
Southfield
Southfield, MI
Updated August 18 at 2:18pm UTC
Studio
$500
17200 W TEN MILE Road
Southfield
Southfield, MI
Updated August 18 at 10:04am UTC
Studio
$600
Results within 1 miles of Southfield, MI
18922 Farmington Rd FARMINGTON Road
Livonia
Livonia, MI
Updated August 18 at 2:17pm UTC
Studio
$450
2820 W MAPLE Road
The Transit Center
Troy, MI
Updated August 18 at 2:16pm UTC
Studio
$350
17194 Wisconsin St Uppr
Bagley
Detroit, MI
Updated August 16 at 10:14am UTC
2 Bedrooms
$650
16516 Cheyenne Unit B
Harmony Village
Detroit, MI
Updated August 13 at 10:04am UTC
2 Bedrooms
$650
15386 Cloverlawn 1
Harmony Village
Detroit, MI
Updated August 8 at 9:52am UTC
2 Bedrooms
$525
12951 Ashton
Brightmoor
Detroit, MI
Updated August 8 at 9:46am UTC
2 Bedrooms
$500
Results within 5 miles of Southfield, MI
15439 Marlowe St
Cerveny
Detroit, MI
Updated August 1 at 10:41am UTC
2 Bedrooms
$500
16721 Greenfield Rd
Cerveny
Detroit, MI
Updated July 24 at 1:13pm UTC
1 Bedroom
$600
19202 Appleton St
Redford
Detroit, MI
Updated August 15 at 5:24pm UTC
1 Bedroom
$650
19222 Appleton St
Redford
Detroit, MI
Updated July 23 at 5:19pm UTC
1 Bedroom
$625
19169 Lahser Rd
Berg - Lasher
Detroit, MI
Updated July 23 at 5:18pm UTC
2 Bedrooms
$680
19131 Lahser Rd
Berg - Lasher
Detroit, MI
Updated July 10 at 6:23pm UTC
1 Bedroom
$550
Trinity Street
Evergreen
Detroit, MI
Updated June 19 at 7:25am UTC
2 Bedrooms
$675
15373 Greenfield Rd
Cerveny
Detroit, MI
Updated August 18 at 5:26pm UTC
1 Bedroom
$575
16620 Greenfield Rd
Cerveny
Detroit, MI
Updated August 18 at 5:26pm UTC
1 Bedroom
$575
19041 Bentler St
Evergreen
Detroit, MI
Updated August 15 at 5:24pm UTC
1 Bedroom
$525
13543 Stahelin Rd
Brightmoor
Detroit, MI
Updated August 14 at 9:30am UTC
2 Bedrooms
$650
15097 Greenfield Rd
Cerveny
Detroit, MI
Updated August 13 at 9:17am UTC
1 Bedroom
$600
17593 Santa Rosa Dr
Bagley
Detroit, MI
Updated August 13 at 1:22am UTC
1 Bedroom
$650
Washburn
Harmony Village
Detroit, MI
Updated August 3 at 7:22am UTC
3 Bedrooms
$695
14260 Roselawn St
Winterhalter
Detroit, MI
Updated August 2 at 9:46am UTC
3 Bedrooms
$650
Lahser
Evergreen
Detroit, MI
Updated August 17 at 7:17am UTC
2 Bedrooms
$600

August 2018 Southfield Rent Report

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

View full Southfield Rent Report
Rent Report
Southfield

August 2018 Southfield Rent Report

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

Southfield rents increased over the past month

Southfield rents have increased 0.1% over the past month, and have increased slightly by 1.1% in comparison to the same time last year. Currently, median rents in Southfield stand at $900 for a one-bedroom apartment and $1,170 for a two-bedroom. Southfield's year-over-year rent growth lags the state average of 1.3%, as well as the national average of 1.2%.

Rents rising across the Detroit Metro

Throughout the past year, rent increases have been occurring not just in the city of Southfield, 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 1.4% 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 $880.
  • Warren has seen the fastest rent growth in the metro, with a year-over-year increase of 8.7%. The median two-bedroom there costs $1,000, while one-bedrooms go for $770.
  • 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 0.6% over the past month and 1.6% over the past year.

Southfield rents more affordable than many large cities nationwide

As rents have increased slightly in Southfield, other large cities nationwide have seen rents grow more quickly. Southfield 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 1.3% over the past year. For example, rents have grown by 1.9% in Grand Rapids and 1.6% in Lansing.
  • Southfield's median two-bedroom rent of $1,170 is slightly below the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 1.1% increase in Southfield.
  • While Southfield's rents rose slightly over the past year, many cities nationwide saw decreases, including Chicago (-1.8%), Baltimore (-1.6%), and Minneapolis (-0.4%).
  • Renters will find more reasonable prices in Southfield 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 -0.3% 0.9%
Warren $770 $1,000 -0.9% 8.7%
Sterling Heights $820 $1,070 -0.1% 2.1%
Dearborn $1,010 $1,310 0.6% 1.6%
Livonia $940 $1,220 -0.1% 2.8%
Westland $740 $960 -0.2% 1.6%
Troy $1,010 $1,310 0.7% 0.9%
Southfield $900 $1,170 0.1% 1.1%
Taylor $680 $880 -0.8% -1.4%
Pontiac $720 $940 0.2% 1.1%
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.