Property Management in Farmington Hills, MI
Own a rental in Farmington Hills? Median gross rent in Farmington Hills runs $1,475 a month against rental vacancy near 7.9%. JMZ leases and manages it end to end — marketing, screening, rent, maintenance and accounting.
Guaranteed Rent Program: once we place and approve a tenant, we pay your rent every month for 12 months — even if that tenant stops paying.
JMZ Management is a full-service Farmington Hills, MI property management company handling leasing, tenant screening, rent collection, maintenance and accounting for single-family homes, condos and small multifamily. Farmington Hills sits in Oakland County. Median gross rent in Farmington Hills is $1,475/mo, and about 36% of occupied homes in Farmington Hills are renter-occupied. JMZ averages 17 days to lease, and its Guaranteed Rent Program pays the owner’s rent for 12 months if a JMZ-placed, JMZ-approved tenant stops paying.
This is an automated estimate from published market data — not an offer. Our market research manager will review your Farmington Hills address and reach out with a precise rent figure, usually within one business day.
What the numbers say about renting in Farmington Hills
Farmington Hills carries roughly 35,528 occupied homes, 36% of them rented, with rental vacancy near 7.9%. Median household income runs about 1.33× the Detroit–Warren–Dearborn metro median, which shapes both what the renter pool can qualify for and how long tenancies last. The cells below are Farmington Hills-level where we have researched them and Oakland County-level otherwise — each one says which.
Own versus rent in Farmington Hills
Occupied households in Farmington Hills, split by tenure.
About 35,528 occupied homes, with a further 7.9% of rental stock vacant at any time.
What rent looks like by product
Directional ranges for Farmington Hills, built from the Farmington Hills, citywide median and unit type.
Sources: U.S. Census Bureau American Community Survey 2019–2023 5-year estimates (median gross rent, median home value, tenure, household income, rental vacancy, population), reported for Farmington Hills where the cell says so and for Oakland County otherwise. Figures are rounded. Product-type rent ranges are directional estimates based on the median and unit type; your free rental analysis prices your specific address.
Owning a rental in Farmington Hills
Local rental rules. Farmington Hills requires non-owner-occupied single-family rentals to register and pass a safety and maintenance inspection every three years, with a Certificate of Compliance before a tenant moves in. New owners must register within 30 days of purchase. In December 2025 the council discussed extending the program to condos, duplexes and multifamily; JMZ confirms the current scope for every property.
Requirements and fees change, so JMZ confirms the current rules with the city for every property it onboards. See the city’s official rental page.
What your Farmington Hills rental earns depends on what it is
Farmington Hills is served by ZIP codes 48331, 48334, 48335, 48336. Estimated monthly rent by home type:
| Product type | Est. monthly rent |
|---|---|
| One-bedroom apartment or condo | $1,150–$1,400 |
| Two-bedroom apartment, condo or duplex | $1,400–$1,750 |
| Three-bedroom single-family home | $1,850–$2,350 |
| Four-bedroom or premium single-family | $2,275–$3,025 |
Directional ranges from Farmington Hills, citywide medians. JMZ prices each Farmington Hills home from comparable signed leases nearby.
Empty days cost more than management does
JMZ leases homes in 17 days on average. Move the slider to your Farmington Hills rent to see what a shorter vacancy is worth.
Assumes one turnover a year and a 45-day self-managed vacancy. Illustrative only, not a guarantee.
Full-service management from Novi, about 6 miles from Farmington Hills
Our office is at 12 Mile and Haggerty in Novi, about 6 miles from Farmington Hills, so showings, maintenance visits and Oakland County court filings are handled locally.
- Marketing, photos and listing syndication
- Tenant screening in line with fair housing law
- Michigan-compliant leases and renewals
- Online rent collection and owner statements
- Maintenance with owner approval over $500
- Evictions and Farmington Hills rental registration
Guaranteed rent for Farmington Hills owners
When JMZ places a tenant in your Farmington Hills property and approves that tenant for the program, JMZ pays your rent every month for 12 months, even if the tenant does not. The guarantee is a separate agreement with its own terms and fees.
See if my property qualifiesAnswers, straight
What can I rent my Farmington Hills property for?
Median gross rent in Farmington Hills is $1,475 a month, but that blends apartments and houses together. A three-bedroom single-family home in Farmington Hills typically runs $1,850–$2,350. JMZ prices from comparable signed leases within about a mile of your address.
Does Farmington Hills require a rental registration or inspection?
Farmington Hills requires non-owner-occupied single-family rentals to register and pass a safety and maintenance inspection every three years, with a Certificate of Compliance before a tenant moves in. New owners must register within 30 days of purchase. In December 2025 the council discussed extending the program to condos, duplexes and multifamily; JMZ confirms the current scope for every property. Official source.
How long will my Farmington Hills rental sit vacant?
The JMZ portfolio average is 17 days from listing to signed lease, against 98.4% occupancy across more than 1,000 properties. Rental vacancy in Farmington Hills runs about 7.9%, so correctly priced homes lease in weeks rather than months.
How much does property management cost in Farmington Hills, MI?
JMZ charges 10% of monthly rent with a $100 monthly minimum. When JMZ fills a vacancy, the residential leasing fee is the first month’s rent; there is no leasing fee when a tenant is already in place. See full pricing.
More owner questions are answered in the JMZ owner FAQ.
Where Farmington Hills fits in our service area
Farmington Hills sits in Oakland County, about 6 miles from our Novi office. The map shows Farmington Hills and the nearest communities we manage.
JMZ serves 51 communities in Oakland County. See every Oakland County community or all of Metro Detroit.
Find out what your Farmington Hills property should rent for
No fee, no obligation. We will pull comparable Farmington Hills leases, tell you what your property should rent for, and be straight with you about whether it fits our portfolio.
Request your Farmington Hills rental analysis
Or call 248-284-6990. 40020 W 12 Mile Rd, Novi, MI 48377.