Rochester Hills, Michigan is a part of the Pontiac/Waterford Submarket submarket area.
The 2019 average effective rent for Class A, B, and C apartments in the Rochester Hills, MI submarket area was $1,113, which is 19.55% higher than 2014 average rent. This represents a compounded annual growth rate of 3.64%. 2019 vacancy in Rochester Hills, MI was 3.50%.
The total population of the city of Rochester Hills, MI has grown 5.21% since 2010. As of 2018, the population was 74,696. The median household income of the Rochester Hills was $90,961, which is 50.86% higher than the national average.