Apartments in 48224

31 - 58 of 58 Results
1
$700
Detroit, MI
Studio | Ask for Availability
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House
21
$1,050
Detroit, MI
2 BR | Available Now
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$1,300
5764 Marseilles St Detroit, MI
3 BR | Available Now
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House
$715
11735 Morang Dr Apt 20 Detroit, MI
1 BR | Ask for Availability
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House
$600
Detroit, MI
2 BR | Ask for Availability
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House
Boston - Edison
19
$1,395
Detroit, MI
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
23
$1,400
9925 E Outer Dr Detroit, MI
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
33
$1,100
Detroit, MI
3 BR | Available Now
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Dog Friendly
House
Balcony/Deck/Patio
Disability Access
Dishwasher
31
$1,300
Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
26
$1,595
Detroit, MI
3 BR | Available Now
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House
Storage
Disability Access
$900
Detroit, MI
3 BR | Ask for Availability
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House
$1,300
Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
$600
Detroit, MI
2 BR | Ask for Availability
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House
Boston - Edison
9
$1,100
9180 Manistique St Detroit, MI
3 BR | Available Now
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House
Storage
Disability Access
26
$850
Detroit, MI
2 BR | Available Now
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Storage
17
$1,000
Detroit, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
$650
Detroit, MI
2 BR | Ask for Availability
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House
23
$1,200
Detroit, MI
3 BR | Available Now
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House
13
$1,000
Detroit, MI
2 BR | Available Now
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Storage
Disability Access
East English Village
$5,000
Detroit, MI
Studio | Ask for Availability
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House
$1,200
Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
$650
Detroit, MI
2 BR | Ask for Availability
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House
$600
Detroit, MI
3 BR | Ask for Availability
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House
2
$945 - 1,100
Detroit, MI
2 BR | Available Now
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$1,300
Detroit, MI
3 BR | Available Now
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House
26
$750 - 850
Detroit, MI
2 BR | Ask for Availability
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2
$750
11750 Morang Dr Detroit, MI
2 BR | Ask for Availability
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$1,075
Detroit, MI
3 BR | Available Now
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31 - 58 of 58 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
1BR $730 $700 - $850
2BR $950 $600 - $1,130
3BR $1,200 $630 - $1,480
4+BR $1,490 $1,300 - $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 $1,000, 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.