Apartments in 48202

31 - 40 of 40 Results

2

$1,150

675 Mt. Vernon

Detroit, MI

2 BR | Available Now

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Dog Friendly

Cat Friendly

1

$1,250

627 E Philadelphia St

Detroit, MI

3 BR | Ask for Availability

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24

$1,650

102 Marston St

Detroit, MI

2 BR | Available Now

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Dog Friendly

Cat Friendly

House

New Center

14

$1,621 - 2,550

The Boulevard

2911 W. Grand Boulevard Detroit, MI

Studio - 2 BR | Available Now

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Dog Friendly

Cat Friendly

Luxury

Air Conditioning

In Unit Laundry

5

$1,350

The Charlotte Detroit

10210 Second Ave Detroit, MI

2 BR | Available Now

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Dog Friendly

Cat Friendly

Air Conditioning

Storage

Disability Access

25

$700

8840 Second Ave

Detroit, MI

2 BR | Available Now

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Balcony/Deck/Patio

Storage

Disability Access

Dishwasher

22

$1,399

506 Kirby

Detroit, MI

2 BR | Available Now

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Cat Friendly

Storage

Art Center

11

$1,360

Baltimore Station

6402 Woodward Avenue Detroit, MI

Studio | Available Now

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Dog Friendly

Cat Friendly

In Unit Laundry

Balcony/Deck/Patio

Fitness Center

5

$1,300 - 1,950

457 E. Kirby Street

Detroit, MI

1 - 2 BR | Available Now

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Dishwasher

Art Center

1

3D Tour

$1,550

626 E. Ferry - Fdr

626 E Ferry St Detroit, MI

3 BR | Available Now

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Dog Friendly

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Disability Access

Art Center

31 - 40 of 40 Results

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Detroit
48202

Find an Apartment in 48202

Are you in search of apartments for rent in the 48202 zip code of Detroit, MI? Look no further! Rentable has a range of rental options available for you. Currently, there are 103 units ready for rent in this area. The average rent in 48202 is $1,250, with the most affordable floor plan starting at $595.

The top neighborhoods you can explore in 48202 are New Center, Art Center, and Wayne State University. These areas offer various amenities and proximity to notable landmarks and institutions. Nearby, you'll find the vibrant cultural hub of New Center, where you can enjoy shopping, dining, and entertainment options. The Art Center neighborhood is known for its artistic atmosphere, while Wayne State University provides a dynamic community and opportunities for education.

Take a look at Rentable's apartments near 48202 Detroit, MI, and discover the perfect rental that suits your needs and preferences. Whether you're seeking a comfortable home close to amenities or a place near the lively pulse of the city, Rentable has options for you in the 48202 area. Start your search today and find your ideal apartment in 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.