Bloomfield Hills, MI—48302

As of July '25, Rentcast reports the average rent in Bloomfield Hills, MI is $3,280, with a year-over-year rent change of -1.5%. Per bedroom, the median rent as of July '25 in Bloomfield Hills, MI is 1-bedrooms: $2,340, 2-bedrooms: $2,100, 3-bedrooms: $4,040, 4-bedrooms: $4,730. The most common rental property sizes in Bloomfield Hills, MI are 1-bedroom and 2-bedroom, accounting for 34.8% and 28.8% of the rental stock.

As of the latest ACS Survey released in 2023, Bloomfield Hills, MI has a population of 17,300, which has increased by 8.3% over the past 5 years. Bloomfield Hills, MI is a moderately popular place for families, as children make up 24.0% of the population. The area has a highly educated workforce, with 75.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.5% reporting working from home.

As of the latest ACS Survey released in 2023, Bloomfield Hills, MI is a predominantly white area, with 74.5% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Bloomfield Hills, MI is asian, making up 9.7% of the population. Foreign-born residents account for 17.8% of the population in Bloomfield Hills, MI, and this percentage has decreased by 16.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

As of 2024, the percent of homes in Bloomfield Hills, MI under the Section 8 program is 0.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Bloomfield Hills, MI, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.