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Rent in Berkley, MI

A 2-bedroom in Berkley, MI (ZIP 48072) typically rents for about $1,717 a month, with a range of $1,674–$1,760. Owner-occupied homes in Oakland County pay about 1.27% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Berkley, MI by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,127$994–$1,2601
1 bed$1,210$1,010–$1,4101
2 beds$1,717$1,674–$1,7601
3 beds$2,014$1,887–$2,1401
4 beds$2,330$1,929–$2,3301

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Berkley ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Berkley, MI?
About $1,717 a month: the median of the typical rents in 1 ZIP code, which range from $1,674–$1,760. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Berkley, MI?
About $1,210 a month: the median of the typical rents in 1 ZIP code, which range from $1,010–$1,410. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Berkley, MI?
About $2,014 a month: the median of the typical rents in 1 ZIP code, which range from $1,887–$2,140. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Berkley, MI?
About $1,127 a month: the median of the typical rents in 1 ZIP code, which range from $994–$1,260. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Berkley, MI?
About $2,330 a month: the median of the typical rents in 1 ZIP code, which range from $1,929–$2,330. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Berkley, MI?
Owner-occupied homes in Oakland County pay a typical 1.27% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Berkley rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).