Rental numbers for Oakland County, MI
The typical home here runs -$1,274 a month at 7.78% with 25% down. 3 of 48 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.9%.
- Gross yield
- 5.7%
- typical home, Zillow
- Median ZIP yield
- 5.9%
- 48 ZIPs with full data
- Cash flow
- -$1,274/mo
- at 7.78%, 25% down
- Typical price
- $368,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,738/mo
- Zillow ZORI, Aug 2026
ZIP codes in Oakland County
67 with published figures
| 48342Pontiac | $130,000 | $1,346 | 12.4% | 7.8% | +$143 | n/a |
| 48030Hazel Park | $159,000 | $1,507 | 11.4% | 6.6% | +$15 | +3.4% |
| 48340Pontiac | $141,000 | $1,326 | 11.3% | 6.8% | +$42 | n/a |
| 48341Pontiac | $151,000 | $1,120* | 8.9% | 5.0% | -$180 | n/a |
| 48390Commerce Township | $313,000 | $2,243 | 8.6% | 5.0% | -$396 | +4.0% |
| 48075Southfield | $238,000 | $1,688 | 8.5% | 4.3% | -$434 | +4.2% |
| 48072Berkley | $317,000 | $2,194 | 8.3% | 4.6% | -$492 | n/a |
| 48071Madison Heights | $219,000 | $1,503 | 8.2% | 4.1% | -$433 | +1.6% |
| 48033Southfield | $227,000 | $1,523 | 8.0% | 3.6% | -$533 | +1.7% |
| 48220Ferndale | $246,000 | $1,626 | 8.0% | 3.9% | -$535 | +5.7% |
| 48326Auburn Hills | $284,000 | $1,855 | 7.8% | 4.2% | -$539 | +3.8% |
| 48067Royal Oak | $341,000 | $2,229 | 7.8% | 4.2% | -$660 | +4.4% |
| 48237Oak Park | $235,000 | $1,486 | 7.6% | 3.7% | -$536 | +2.9% |
| 48017Clawson | $287,000 | $1,696 | 7.1% | 3.3% | -$757 | n/a |
| 48329Waterford | $294,000 | $1,720* | 7.0% | 3.6% | -$697 | n/a |
| 48085Troy | $462,000 | $2,704 | 7.0% | 3.7% | -$1,076 | n/a |
| 48076Lathrup Village | $295,000 | $1,721 | 7.0% | 3.1% | -$830 | +1.8% |
| 48034Southfield | $255,000 | $1,475 | 6.9% | 3.0% | -$743 | +5.3% |
| 48073Royal Oak | $322,000 | $1,804 | 6.7% | 3.2% | -$878 | +2.9% |
| 48386White Lake | $379,000 | $2,000 | 6.3% | 3.0% | -$1,091 | n/a |
| 48322West Bloomfield | $417,000 | $2,190 | 6.3% | 2.9% | -$1,243 | +7.3% |
| 48377Novi | $380,000 | $1,949 | 6.2% | 2.7% | -$1,193 | +0.8% |
| 48083Troy | $357,000 | $1,823 | 6.1% | 2.8% | -$1,102 | +3.1% |
| 48304Bloomfield Hills | $547,000 | $2,791 | 6.1% | 2.8% | -$1,669 | n/a |
| 48382Commerce Township | $466,000 | $2,323 | 6.0% | 2.9% | -$1,393 | n/a |
| 48334Farmington Hills | $357,000 | $1,764 | 5.9% | 2.4% | -$1,222 | n/a |
| 48309Rochester Hills | $486,000 | $2,378 | 5.9% | 2.8% | -$1,498 | n/a |
| 48320Keego Harbor | $303,000 | $1,460* | 5.8% | 2.5% | -$1,011 | n/a |
| 48336Farmington Hills | $304,000 | $1,455 | 5.7% | 2.1% | -$1,116 | +6.2% |
| 48165New Hudson | $461,000 | $2,197 | 5.7% | 2.6% | -$1,499 | n/a |
| 48359Orion | $399,000 | $1,881 | 5.7% | 2.5% | -$1,305 | n/a |
| 48346Clarkston | $366,000 | $1,692 | 5.5% | 2.4% | -$1,245 | +4.6% |
| 48381Milford | $468,000 | $2,158 | 5.5% | 2.2% | -$1,666 | n/a |
| 48328Waterford | $257,000 | $1,179 | 5.5% | 2.2% | -$922 | n/a |
| 48375Novi | $405,000 | $1,815 | 5.4% | 2.1% | -$1,492 | +3.5% |
| 48025Beverly Hills | $644,000 | $2,874 | 5.3% | 2.2% | -$2,307 | n/a |
| 48442Holly | $324,000 | $1,440* | 5.3% | 2.2% | -$1,161 | n/a |
| 48069Pleasant Ridge | $489,000 | $2,120* | 5.2% | 1.8% | -$1,919 | n/a |
| 48327Waterford | $280,000 | $1,211 | 5.2% | 2.0% | -$1,035 | n/a |
| 48307Rochester Hills | $417,000 | $1,773 | 5.1% | 2.0% | -$1,564 | +2.6% |
| 48098Troy | $589,000 | $2,438 | 5.0% | 1.8% | -$2,312 | n/a |
| 48324West Bloomfield | $478,000 | $1,872 | 4.7% | 1.5% | -$1,965 | +5.1% |
| 48070Huntington Woods | $543,000 | $2,120* | 4.7% | 1.2% | -$2,386 | n/a |
| 48009Birmingham | $749,000 | $2,906 | 4.7% | 1.5% | -$3,124 | +4.9% |
| 48331Farmington Hills | $460,000 | $1,751 | 4.6% | 1.2% | -$2,019 | +8.9% |
| 48323Orchard Lake | $526,000 | $1,970* | 4.5% | 1.4% | -$2,219 | n/a |
| 48360Orion | $424,000 | $1,580* | 4.5% | 1.4% | -$1,794 | n/a |
| 48383White Lake | $426,000 | $1,550* | 4.4% | 1.2% | -$1,864 | n/a |
| 48350Springfield | $437,000 | $1,550* | 4.3% | 1.4% | -$1,865 | n/a |
| 48362Lake Orion | $387,000 | $1,370* | 4.3% | 1.2% | -$1,699 | n/a |
| 48084Troy | $484,000 | $1,669 | 4.1% | 1.2% | -$2,132 | +2.8% |
| 48178South Lyon | $473,000 | $1,610 | 4.1% | 1.1% | -$2,110 | n/a |
| 48380Milford | $565,000 | $1,880* | 4.0% | 1.1% | -$2,502 | n/a |
| 48301Bloomfield Hills | $800,000 | $2,647 | 4.0% | 1.0% | -$3,636 | n/a |
| 48348Clarkston | $512,000 | $1,649 | 3.9% | 0.9% | -$2,377 | n/a |
| 48356Highland | $375,000 | $1,200* | 3.8% | 0.9% | -$1,727 | n/a |
| 48357Highland | $402,000 | $1,270* | 3.8% | 0.8% | -$1,904 | n/a |
| 48374Novi | $680,000 | $2,120* | 3.7% | 0.6% | -$3,303 | n/a |
| 48306Oakland | $601,000 | $1,784 | 3.6% | 0.8% | -$2,817 | n/a |
| 48393Wixom | $386,000 | $1,139 | 3.5% | 0.4% | -$1,952 | n/a |
| 48371Oxford | $416,000 | $1,224 | 3.5% | 0.5% | -$2,066 | n/a |
| 48335Farmington | $426,000 | $1,249 | 3.5% | 0.2% | -$2,226 | +4.8% |
| 48302Bloomfield Hills | $738,000 | $2,158 | 3.5% | 0.5% | -$3,664 | n/a |
| 48462Ortonville | $403,000 | $1,170* | 3.5% | 0.5% | -$1,992 | n/a |
| 48367Leonard | $509,000 | $1,370* | 3.2% | 0.5% | -$2,545 | n/a |
| 48370Leonard | $565,000 | $1,390* | 2.9% | 0.3% | -$2,927 | n/a |
| 48363Oakland | $708,000 | $1,490* | 2.5% | 0.0% | -$3,800 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.5%
- Rent, 12 months
- +3.4%
- Rent minus price growth
- +0.9 pts
- Property tax
- 1.27%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $303,184 | $1,454 |
| Aug 2022 | $332,267 | $1,568 |
| Aug 2023 | $334,613 | $1,583 |
| Aug 2024 | $349,051 | $1,639 |
| Aug 2025 | $359,287 | $1,681 |
| Aug 2026 | $368,287 | $1,738 |
HUD Fair Market Rent
FY2027, Detroit-Warren-Livonia, MI HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,047 | $1,167 | $1,459 | $1,777 | $1,929 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 4.1
- 2,193 units, last 12 months
- National percentile
- 43th
- among US counties
Tools
Test a listing in Oakland County against today's rate.
Open the calculatorPart of the Detroit, MI metro.
Questions
- Is Oakland County good for rental property?
- The typical home here runs -$1,274 a month at 7.78% with 25% down. 3 of 48 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.9%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Oakland County?
- About 1.27% of value, from Census ACS median taxes paid over median home value. On a $368,000 home that is about $4,685 a year.
- What is Fair Market Rent in Oakland County?
- HUD's FY2027 Fair Market Rent here is $1,167 for a 1-bedroom, $1,459 for a 2-bedroom and $1,777 for a 3-bedroom. Typical cash flow at today's rate is -$1,274 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.