How many apartments are available in 48059 on Rentable.co?
Rentable.co has 3 apartments available for rent in 48059.
What is the average rent for an apartment in 48059?
The average rent for an apartment in 48059 is around $980 per month.
What is the average rent for a two-bedroom apartment in 48059?
The average rent for a two-bedroom apartment in 48059 is around $875 per month.
Find an Apartment in 48059
Looking for apartments for rent in the 48059 zip code of Fort Gratiot, MI? Rentable currently has 4 available units in this area. On average, the rent for these apartments is $880, with the most affordable option being a 2-bedroom floor plan starting at $875.
The 48059 zip code in Fort Gratiot offers a variety of convenient amenities and nearby points of interest. Within close proximity, you can find Pine Grove Park where you can enjoy outdoor activities and beautiful scenery. Additionally, there are several shopping and dining options in the surrounding area, making it an ideal location for those who enjoy a vibrant community atmosphere.
Browse through the wide selection of apartments near 48059 offered on Rentable's website to find the perfect place that suits your needs. Whether you're searching for a cozy studio or a spacious townhouse, Rentable has a range of options to fulfill your apartment hunting requirements in Fort Gratiot, MI.
Fort Gratiot: April Rent Report
Welcome to the April 2024 Fort Gratiot 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 Fort Gratiot rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Fort Gratiot 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
Fort Gratiot average rent prices in the chart below.
Monthly Rent Report
$1,750
$1,310
$880
$440
$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 BR2 BR
Fort Gratiot Rent Prices Increase From March to April
Fort Gratiot rent prices increased over the last month. From March to April, the city experienced a 4.42% increase for the price of a one-bedroom apartment. The rent price for a Fort Gratiot one-bedroom apartments currently stands at $1,087.0.
When we take a look at the two-bedroom comparison from March to April, Fort Gratiot experienced a 4.47% increase for the price of a two-bedroom apartment. The rent price for a Fort Gratiot two-bedroom apartments currently stands at $1,660.0.
April Prices: Fort Gratiot vs. Surrounding Areas
Rent Prices in Fort Gratiot and Surrounding Areas
Rent prices have increased in Fort Gratiot over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Fort Gratiot suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Fort Gratiot suburbs
Rents did not decrease in any of the Fort Gratiot suburbs.
April 2024 Pricing Trends: Fort Gratiot vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent
Fort Gratiot Rent Prices More Affordable Than Major Cities
Rent growth in Fort Gratiot over the past year has been
on the rise. When compared to major cities nearby, along
with some of the most expensive cities in the country, Fort Gratiot average rent prices appear to be
relatively affordable for local residents.
The price for a Fort Gratiot 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 Fort Gratiot and surrounding area rent prices, take a look at the complete data set below.
Data set for Fort Gratiot and suburbs
1 BR April
1 BR M/M % Change
2 BR April
2 BR M/M % Change
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.