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Walled Lake, MI rent trends

Rental prices in Walled Lake, MI have decreased by 4.88% over the past year. The average rent moved from $1,296 to $1,233.

Check out the average rent prices in Walled Lake by neighborhood.

Compared to the national average rent of $1,741, the average rent in Walled Lake, MI is $1,233.

Average rent in Walled Lake, MI

$1,233/mo Walled Lake, MI average rental price, January 2026
Image Average Rent

The average monthly rent of apartments in Walled Lake, MI is $1,233.

    What's the typical rent budget in Walled Lake, MI?

    About 9% of apartment rents in Walled Lake, MI range between $1,501-$2,000. Around 75% of Walled Lake’s apartments are in the $1,001-$1,500 price range. 16% of apartments are priced ≤ $1000.

    The largest share of rentals in Walled Lake, MI (75%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Walled Lake, MI

    70 /100
    Very Walkable
    53 /100
    Bikeable
    Walk Score®: 70, Bike Score®: 53

    Frequently asked questions

    What is the average rent in Walled Lake, MI?

    The average rent in Walled Lake, MI is $1,485.

    What type of rental buildings are in Walled Lake, MI?

    In Walled Lake 40% of the housing is rented out compared to 60% of homes are owned, according to the most recent Census Bureau estimates. 32% of Walled Lake's apartments are found in large buildings of 50 units or more, 53% are located in smaller apartment complexes with less than 50 units, and 15% are single-family rentals.

    What do typical apartment communities look like in Walled Lake, MI?

    The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Walled Lake are about 33 years old, on average. Of these, 5% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, 24% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

    What apartment floorplans are common in Walled Lake, MI?

    Studio apartments in Walled Lake are around 0.8% of rentals, while 1-bedroom floor plans represent 37% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 45% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

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