Apartments in 48224

1 - 30 of 79 Results
10
$995
Detroit, MI
3 BR | Available Now
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14
$1,000
Detroit, MI
2 BR | Available Now
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Disability Access
36
$1,575
4667 Three Mile Dr Detroit, MI
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
7
$785
Detroit, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
14
$850
Detroit, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
28
$1,200
11776 Rossiter St Detroit, MI
3 BR | Available Now
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House
11
$700
Detroit, MI
1 BR | Available Now
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31
$1,300
Detroit, MI
4 BR | Ask for Availability
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House
12
$850
17135 Gravier St Detroit, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
33
$1,100
Detroit, MI
2 BR | Available Now
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House
Storage
2
$1,200
Detroit, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
2
$1,250
Detroit, MI
3 BR | Available Now
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12
$1,300
Detroit, MI
3 BR | Available Now
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14
$715
11711 Morang Dr Apt 9 Detroit, MI
1 BR | Ask for Availability
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House
North Rosedale Park
6
$850
Detroit, MI
1 BR | Available Now
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Air Conditioning
East English Village
6
$1,150
5952 Lodewyck St Detroit, MI
3 BR | Ask for Availability
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House
12
$800
Detroit, MI
2 BR | Available Now
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House
12
$1,200
Detroit, MI
3 BR | Available Now
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7
$1,100
Detroit, MI
2 BR | Available Now
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Air Conditioning
East English Village
0
$725
12026 Morang Ave Detroit, MI
1 BR | Available Now
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Cat Friendly
Storage
6
$1,025
Detroit, MI
2 BR | Available Now
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House
12
$1,650
4128 Buckingham Ave Detroit, MI
4 BR | Ask for Availability
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House
Ravendale
14
$1,650
Detroit, MI
4 BR | Available Now
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2
$1,025
11094 Nottingham RD Detroit, MI
2 BR | Available Now
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House
35
$1,400
Detroit, MI
3 BR | Available Now
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House
23
$1,065
11724 Wayburn St Detroit, MI
3 BR | Ask for Availability
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House
2
$950
Detroit, MI
2 BR | Available Now
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Surface Parking
Storage
Disability Access
1
$650
Detroit, MI
2 BR | Ask for Availability
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House
Downtown Detroit
23
$1,400
9925 E Outer Dr Detroit, MI
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
19
$1,395
Detroit, MI
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
1 - 30 of 79 Results
  1. Home
  2. Detroit
  3. 48224

How much does it cost to rent an apartment in 48224?

48224 apartments
Bed Type Average Rent Range
Studio $950 $700 - $5,000
1BR $730 $700 - $850
2BR $950 $600 - $1,150
3BR $1,200 $690 - $1,540
4+BR $1,400 $1,200 - $1,650
Find an Apartment in 48224
Looking for apartments for rent in 48224 Detroit, MI? Rentable currently has a number of available units in this area. The average rent in 48224 is $1,100, with 2-bedroom units starting at $600.

If you're searching for a place in this zip code, some of the top neighborhoods to consider are Boston - Edison, Chalmers Heights, and Conant Gardens. These neighborhoods offer a variety of amenities and are conveniently located near parks, shops, and dining options.

Whether you're looking for a cozy studio or a spacious family home, there are options available in 48224. Take a look at Rentable's apartments near 48224 and find the perfect rental for your needs. Don't miss out on the opportunity to live in this vibrant area of Detroit, MI.

Detroit:
May Rent Report

Welcome to the May 2024 Detroit Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Detroit rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Detroit and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Detroit average rent prices in the chart below.

Monthly Rent Report

$1,500
$1,130
$750
$380
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Detroit Rent Prices Decrease From April to May

Detroit rent prices decreased over the last month. From April to May, the city experienced a -0.54% decrease for the price of a one-bedroom apartment. The rent price for a Detroit one-bedroom apartments currently stands at $1,296.0.

When we take a look at the two-bedroom comparison from April to May, Detroit experienced a 2.03% increase for the price of a two-bedroom apartment. The rent price for a Detroit two-bedroom apartments currently stands at $1,107.0.

May Prices: Detroit vs. Surrounding Areas

Troy, MI
Detroit, MI
Royal Oak, MI
Clinton Township, MI
Farmington Hills, MI
Sterling Heights, MI
Southfield, MI
Madison Heights, MI
$1,307
$1,303
$1,250
$1,170
$1,156
$1,142
$1,131
$1,008
$0
$450
$900
$1,350
$1,800
Median 1 BR Rent

Rent Prices in Detroit and Surrounding Areas

Rent prices have decreased in Detroit over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Detroit suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Farmington Hills, MI, Clinton Township, MI, Madison Heights, MI, Royal Oak, MI, Sterling Heights, MI .

  • Rent decreased in Southfield, MI, Troy, MI.

  • 1 suburb is currently priced higher than the city of Detroit.

  • 6 suburbs are currently priced lower than the city of Detroit.

May 2024 Pricing Trends: Detroit vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Detroit, MI
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,303
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Detroit Rent Prices More Affordable Than Major Cities

Rent growth in Detroit over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Detroit average rent prices appear to be relatively affordable for local residents.

The price for a Detroit one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Detroit and surrounding area rent prices, take a look at the complete data set below.

Data set for Detroit and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Detroit, MI $1,303.0 -2.91% $1,085.0 2.36%
Farmington Hills, MI $1,156.0 0.43% $1,587.0 0.57%
Clinton Township, MI $1,170.0 1.65% $1,465.0 3.10%
Madison Heights, MI $1,008.0 0.20% $1,121.0 0.00%
Southfield, MI $1,131.0 -1.22% $1,459.0 1.11%
Royal Oak, MI $1,250.0 0.08% $1,728.0 0.52%
Troy, MI $1,307.0 -3.40% $1,463.0 0.97%
Sterling Heights, MI $1,142.0 4.96% $1,409.0 2.18%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.