Rent in Leonard, MI
A 2-bedroom in Leonard, MI (ZIP 48367) typically rents for about $1,123 a month, with a range of $875–$1,370. 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
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $980 | $980–$1,047 | 1 |
| 1 bed | $1,100 | $1,100–$1,167 | 1 |
| 2 beds | $1,123 | $875–$1,370 | 1 |
| 3 beds | $1,670 | $1,670–$1,777 | 1 |
| 4 beds | $1,810 | $1,810–$1,929 | 1 |
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).
Leonard ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Leonard, MI?
- About $1,123 a month: the median of the typical rents in 1 ZIP code, which range from $875–$1,370. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Leonard, MI?
- About $1,100 a month: the median of the typical rents in 1 ZIP code, which range from $1,100–$1,167. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Leonard, MI?
- About $1,670 a month: the median of the typical rents in 1 ZIP code, which range from $1,670–$1,777. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Leonard, MI?
- About $980 a month: the median of the typical rents in 1 ZIP code, which range from $980–$1,047. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Leonard, MI?
- About $1,810 a month: the median of the typical rents in 1 ZIP code, which range from $1,810–$1,929. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Leonard, 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 Leonard 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).