113 Apartments under 700 for rent in Southfield, MI

Last updated November 24 at 5:49pm UTC
Results within 1 miles of Southfield, MI
19222 Appleton St
Redford
Detroit, MI
Updated October 31 at 1:47am UTC
1 Bedroom
$625
19202 Appleton St
Redford
Detroit, MI
Updated October 31 at 1:47am UTC
1 Bedroom
$625
19270 Telegraph Rd
Redford
Detroit, MI
Updated November 17 at 1:37am UTC
1 Bedroom
$650
32790 WOODWARD Avenue
Royal Oak
Royal Oak, MI
Updated November 24 at 5:49pm UTC
Studio
$215
16601 Evergreen Rd
Rosedale Park
Detroit, MI
Updated October 12 at 10:16am UTC
2 Bedrooms
$650
9606 Brace St
Franklin Park
Detroit, MI
Updated November 16 at 12:32pm UTC
2 Bedrooms
$600
730 Whitmore Rd
Palmer Park
Detroit, MI
Updated November 23 at 9:54am UTC
1 Bedroom
$525
Results within 5 miles of Southfield, MI
9940 Brace St
Franklin Park
Detroit, MI
Updated November 24 at 9:53am UTC
2 Bedrooms
$600
1946 EWALD Circle
Durfee
Detroit, MI
Updated November 20 at 1:46am UTC
2 Bedrooms
$695
9605 Greenview Rd
Franklin Park
Detroit, MI
Updated November 24 at 9:53am UTC
2 Bedrooms
$600
17586 Trinity St
Evergreen
Detroit, MI
Updated November 4 at 9:52am UTC
3 Bedrooms
$675
19455 Trinity St
Evergreen
Detroit, MI
Updated November 16 at 12:00pm UTC
2 Bedrooms
$600
15373 Greenfield Rd
Cerveny
Detroit, MI
Updated November 24 at 9:53am UTC
1 Bedroom
$550
1155 W McNichols Rd
Highland Park
Highland Park, MI
Updated November 24 at 9:21am UTC
1 Bedroom
$550
Lahser Rd
Evergreen
Detroit, MI
Updated November 16 at 8:49am UTC
2 Bedrooms
$600
19041 Bentler St
Evergreen
Detroit, MI
Updated November 16 at 12:33pm UTC
1 Bedroom
$525
3775 Tyler, FL1
Winterhalter
Detroit, MI
Updated November 19 at 11:25am UTC
3 Bedrooms
$600
9595 Faust Ave
Franklin Park
Detroit, MI
Updated November 24 at 9:53am UTC
1 Bedroom
$525
9545 Penrod St
Franklin Park
Detroit, MI
Updated November 16 at 12:32pm UTC
1 Bedroom
$525
9531 Greenview Rd
Franklin Park
Detroit, MI
Updated November 24 at 9:53am UTC
1 Bedroom
$525
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November 2017 Southfield Rent Report

Welcome to the November 2017 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

November 2017 Southfield Rent Report

Welcome to the November 2017 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 held steady over the past month

Southfield rents have remained flat over the past month, however, they are up marginally by 0.8% year-over-year. Currently, median rents in Southfield stand at $890 for a one-bedroom apartment and $1,160 for a two-bedroom. Southfield's year-over-year rent growth lags the state average of 2.4%, as well as the national average of 2.7%.

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, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Warren has seen the fastest rent growth in the metro, with a year-over-year increase of 7.7%. The median two-bedroom there costs $980, while one-bedrooms go for $750.
  • Over the past month, Sterling Heights has seen the biggest rent drop in the metro, with a decline of 0.5%. Median two-bedrooms there cost $1,050, while one-bedrooms go for $810.
  • Detroit proper has the least expensive rents in the Detroit metro, with a two-bedroom median of $890; rents went down 0.2% over the past month but rose 1.4% over the past year.
  • Dearborn has the most expensive rents of the largest cities in the Detroit metro, with a two-bedroom median of $1,340; rents grew 0.1% over the past month and 5.9% over the past year.

Southfield rents more affordable than many large cities nationwide

As rents have increased marginally in Southfield, a few large cities nationwide have also seen rents grow modestly. Southfield is still more affordable than most large cities across the country.

  • Rents increased moderately in other cities across the state, with Michigan as a whole logging rent growth of 2.4% over the past year. For example, rents have grown by 2.4% in Lansing and 1.7% in Grand Rapids.
  • Southfield's median two-bedroom rent of $1,160 is equal to the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 0.8% rise in Southfield.
  • While Southfield's rents rose marginally over the past year, many cities nationwide also saw increases, including Fresno (+6.1%), Las Vegas (+4.8%), and Charlotte (+3.0%).
  • 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 $680 $890 -0.2% 1.4%
Warren $750 $980 2.4% 7.7%
Sterling Heights $810 $1,050 -0.5% 2.2%
Dearborn $1,030 $1,340 0.1% 5.9%
Westland $730 $950 0.1% 2.7%
Troy $980 $1,280 -0.3% 2.4%
Southfield $890 $1,160 0.1% 0.8%
Taylor $680 $890 -0.1% 0.2%
Pontiac $720 $940 0.0% 3.6%
Royal Oak $830 $1,080 0.3% 3.4%
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.