Rental market snapshot for Rochester, Michigan

Rochester, Michigan Rental Property Market Overview

The average rent for an apartment in Rochester is $1,822. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 19.1% over the past year.

Rochester is a city located in Oakland County, Michigan. As of the 2010 census, the city had a total population of 12,711. Rochester is a northern suburb of Metro Detroit. The city features a downtown area with many shops and restaurants. There are also several parks located throughout the city.

Last Updated December 23, 2022

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Average monthly rent graph in Rochester Michigan | Cost of Living

  • The most expensive ZIP Code in Rochester is 48309 with an average price of $1,735
  • The cheapest ZIP Code in Rochester is 48307 with an average price of $1,299

Rochester ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
148309$1,735
248307$1,399

Live near Rochester, Michigan's Top Sights and Attractions

Rochester Municipal Park is a large park that features a playground, a picnic area, a basketball court, and a walking trail. The park also has a large pond that is popular for fishing.

Scott Street Park is a beautiful park located in the heart of Rochester. The park features a large pond, walking trails, and a playground.

Rochester Park is a beautiful park located on the banks of the River Raisin. The park features a playground, picnic tables, and a walking trail.

Howett Park is a beautiful park located on the Clinton River. The park has a playground, picnic tables, and a walking trail.

Bishop Mike Senator is a local attraction in Rochester, Michigan. He is known for his work with the poor and homeless, and his dedication to helping those in need. He has been featured in many local news articles and is a well-known figure in the community.

The American Legion Hall is a historic building in Rochester, Michigan. It was built in 1925 and is on the National Register of Historic Places. The hall is used for community events and is available for rental.

Rochester, Michigan area median rent change by ZIP Code map

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How does Rochester compare to other cities in Michigan ?

citymedian price
Harper Woods$1,200
Battle Creek$1,168
Waterford$1,600
Ann Arbor$1,650
Taylor$1,299
Northville$1,479
West Bloomfield$1,725
Oak Park$1,500
Hazel Park$1,200

Average household income in Rochester area graph - US Census

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The median household income in Rochester in 2021 was $92,128. This represents a 19.0% change from 2011 when the median was $77,407.

#categorypercent
0Less than $10,0005.2%
1$10,000 to $14,9992.2%
2$15,000 to $19,9993.4%
3$20,000 to $24,9994.0%
4$25,000 to $29,9991.5%
5$30,000 to $34,9993.8%
6$35,000 to $39,9992.9%
7$40,000 to $44,9992.3%
8$45,000 to $49,9991.6%
9$50,000 to $59,9997.3%
10$60,000 to $74,9997.6%
11$75,000 to $99,99912.2%
12$100,000 to $124,99910.7%
13$125,000 to $149,9994.2%
14$150,000 to $199,99911.1%
15$200,000 or more20.1%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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