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Apartments in 48203

1 - 30 of 40 Results
10
$900
Covington Terrace - Spacious 2 Bedroom Townhomes - Palmer Park - Full Basement - Laundry Hookups
17550 Second Ave Detroit, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
6
$995
17497 Manderson Rd Unit 18A
Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
6
$950
17449 Manderson Rd Unit 3
Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
6
$950
17449 Manderson Rd Unit 3
Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$1,000
885 Covington Dr Unit 104
Highland Park, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
6
$1,050
17449 Manderson Rd Unit 1
Detroit, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
6
$950
17497 Manderson Rd Unit 13
Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
8
$890
885 Covington Dr Unit 310
Highland Park, MI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
6
$1,195
17765 Manderson Rd Unit 14
Highland Park, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
7
$1,595
17666 Manderson Rd Unit 17666
Detroit, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
6
$950
17449 Manderson Rd Unit 8
Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
8
$1,045
885 Covington Dr Unit 312
Highland Park, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
5
$1,195
17765 Manderson Rd Unit 4
Highland Park, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
6
$950
17449 Manderson Rd Unit 16
Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
7
$1,175
17765 Manderson Rd Unit 14
Highland Park, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
6
$1,145
17765 Manderson Rd Unit 5
Highland Park, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
10
$1,695
885 Covington Dr Unit 201
Highland Park, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
15
$1,350
563 W Golden Gate
Detroit, MI
3 BR | Available Now
Contact
Chaldean Town
6
$1,595
1029 Covington Dr Unit 1029
Detroit, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
6
$950
17449 Manderson Rd Unit 13
Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
9
$1,010
885 Covington Dr Unit 304
Highland Park, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
8
$1,055
885 Covington Dr Unit 412
Highland Park, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
5
$950
17497 Manderson Rd Unit 17
Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
6
$935
17765 Manderson Rd Unit 22
Highland Park, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$850
885 Covington Dr Unit 103
Highland Park, MI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
5
$950
17461 Manderson Rd Unit 5
Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
6
$995
17497 Manderson Rd Unit 17A
Detroit, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
8
$1,595
17670 Manderson Rd Unit 17670
Detroit, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
7
$1,145
17765 Manderson Rd Unit 8
Highland Park, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
6
$650 - 900
Palmer Lane Apartments
1291 W State Fair Detroit, MI
1 - 2 BR | Available Now
Contact
Heat Included
Section 8
Surface Parking
Disability Access
Palmer Woods
1 - 30 of 40 Results
  1. Home
  2. Detroit
  3. 48203

How much does it cost to rent an apartment in 48203?

48203 apartments
Bed Type Average Rent Range
Studio $730 $600 - $890
1BR $950 $620 - $1,130
2BR $1,150 $700 - $1,660
3BR $1,300 $1,000 - $1,350
Frequently Asked Questions

How many apartments are available in 48203 on Rentable.co?

Rentable.co has 40 apartments available for rent in 48203.

What is the average rent for an apartment in 48203?

The average rent for an apartment in 48203 is around $950 per month.

What is the average rent for a one-bedroom apartment in 48203?

The average rent for a one-bedroom apartment in 48203 is around $950 per month.

What is the average rent for a two-bedroom apartment in 48203?

The average rent for a two-bedroom apartment in 48203 is around $1,145 per month.

What is the average rent for a studio apartment in 48203?

The average rent for a studio apartment in 48203 is around $732 per month.

Find an Apartment in 48203
Are you searching for apartments for rent in the 48203 area of Detroit, MI? You're in luck! Rentable currently has multiple units available in this zip code. The average rent for apartments in 48203 is $950, and the minimum rent for a studio floor plan starts at $600.

The top neighborhoods in 48203 are Palmer Woods and Chaldean Town. These neighborhoods offer a vibrant community atmosphere and are close to various amenities such as parks, schools, and shopping centers.

If you're interested in exploring more options, make sure to check out Rentable's apartments in the 48203 area. With a variety of floor plans and rental prices, you're sure to find the perfect apartment near 48203 Detroit, MI for your needs. Start your search today and secure your new home in this desirable location.

Detroit:
April Rent Report

Welcome to the April 2024 Detroit Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Detroit Rent Prices Decrease From March to April

Detroit rent prices decreased over the last month. From March to April, the city experienced a -2.91% decrease for the price of a one-bedroom apartment. The rent price for a Detroit one-bedroom apartments currently stands at $1,303.0.

When we take a look at the two-bedroom comparison from March to April, Detroit experienced a 2.36% increase for the price of a two-bedroom apartment. The rent price for a Detroit two-bedroom apartments currently stands at $1,085.0.

April Prices: Detroit vs. Surrounding Areas

Troy, MI
Detroit, MI
Royal Oak, MI
Farmington Hills, MI
Clinton Township, MI
Southfield, MI
Sterling Heights, MI
Madison Heights, MI
$1,353
$1,342
$1,249
$1,151
$1,151
$1,145
$1,088
$1,006
$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 4 of the Detroit suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

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

  • Rent decreased in Farmington Hills, MI, 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.

April 2024 Pricing Trends: Detroit vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Detroit, MI
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,342
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Detroit, MI $1,342.0 -1.32% $1,060.0 1.15%
Farmington Hills, MI $1,151.0 0.00% $1,578.0 -0.06%
Clinton Township, MI $1,151.0 2.04% $1,421.0 3.65%
Madison Heights, MI $1,006.0 0.10% $1,121.0 -0.09%
Southfield, MI $1,145.0 -1.38% $1,443.0 -0.21%
Royal Oak, MI $1,249.0 0.56% $1,719.0 3.62%
Troy, MI $1,353.0 -1.10% $1,449.0 -0.41%
Sterling Heights, MI $1,088.0 5.12% $1,379.0 0.22%

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.

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