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Apartments in 48161

1 - 15 of 15 Results
4
$850
217 W Eighth St
Monroe, MI
Studio | Available Now
Contact
Storage
74
$700 - 795
739 Washington St
Monroe, MI
1 BR | Available Now
Contact
7
$795
920 E Front St Apt Monroe
Monroe, MI
1 BR | Aug. 1, 2024
Contact
41
$250 - 845
725 Washington St
Monroe, MI
Studio - 1 BR | Available Now
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Dishwasher
5
$800
418 W 8th St
Monroe, MI
1 BR | Available Now
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Storage
3
$995
34 S Monroe St
Monroe, MI
Studio | Available Now
Contact
6
$900
624 Church
Monroe, MI
2 BR | Available Now
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Storage
1
$850
734 Smith St
Monroe, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
2
$795
914-920 E. Front St.
914 E Front St Monroe, MI
1 BR | Aug. 1, 2024
Contact
Dog Friendly
Cat Friendly
Section 8
30
$875 - 1,380
Greenwycke Crossings
6112 Greenwycke Lane Monroe Township, MI
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Pool
3
$1,129
505 Conant
Monroe, MI
3 BR | Available Now
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House
Storage
3
$800
1419 Oak
Monroe, MI
1 BR | Available Now
Contact
House
Storage
1
$795
27-35 W. Front St.
29 W Front St Monroe, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
$991
Creekside Village- A Senior Community
1450 S Monroe St Monroe, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Surface Parking
$1,200
1017 Humphrey
Monroe, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1 - 15 of 15 Results
  1. Home
  2. Monroe
  3. 48161

How much does it cost to rent an apartment in 48161?

48161 apartments
Bed Type Average Rent Range
Studio $250 $250 - $1,000
1BR $800 $700 - $950
2BR $1,100 $900 - $1,120
3BR $1,290 $1,130 - $1,380
Frequently Asked Questions

How many apartments are available in 48161 on Rentable.co?

Rentable.co has 15 apartments available for rent in 48161.

What is the average rent for an apartment in 48161?

The average rent for an apartment in 48161 is around $850 per month.

What is the average rent for a one-bedroom apartment in 48161?

The average rent for a one-bedroom apartment in 48161 is around $795 per month.

What is the average rent for a two-bedroom apartment in 48161?

The average rent for a two-bedroom apartment in 48161 is around $1,100 per month.

What is the average rent for a studio apartment in 48161?

The average rent for a studio apartment in 48161 is around $250 per month.

Find an Apartment in 48161
Looking for apartments for rent in 48161 Monroe, MI? Rentable has a variety of options available in this area. Currently, there are 33 units available for rent in the 48161 zip code. The average rent in this area is $850, with options starting at $250 for studio units.

If you're considering moving to 48161, there are several points of interest and community amenities nearby to enhance your living experience. Monroe, MI offers a charming downtown area with local shops and restaurants, providing residents with convenient access to a variety of amenities. Additionally, several parks and green spaces, such as Sterling State Park and Munson Park, are within close proximity, allowing for outdoor activities and recreational opportunities.

Whether you're searching for a spacious apartment or a cozy studio, Rentable's 48161 apartments are worth exploring. Take a closer look at the listings on Rentable to find the perfect place to call home in Monroe, MI's 48161 zip code.

Monroe:
April Rent Report

Welcome to the April 2024 Monroe 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 Monroe rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Monroe 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 Monroe average rent prices in the chart below.

Monthly Rent Report

$1,100
$830
$550
$280
$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

Monroe Rent Prices Decrease From March to April

Monroe rent prices decreased over the last month. From March to April, the city experienced a -0.24% decrease for the price of a one-bedroom apartment. The rent price for a Monroe one-bedroom apartments currently stands at $833.0.

When we take a look at the two-bedroom comparison from March to April, Monroe experienced a 1.46% increase for the price of a two-bedroom apartment. The rent price for a Monroe two-bedroom apartments currently stands at $1,040.0.

April Prices: Monroe vs. Surrounding Areas

Woodhaven, MI
Monroe, MI
Dundee, MI
$954
$835
$804
$0
$350
$700
$1,050
$1,400
Median 1 BR Rent

Rent Prices in Monroe and Surrounding Areas

Rent prices have decreased in Monroe 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 Monroe 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:

  • Rents did not increase in any of the Monroe suburbs

  • Rent decreased in Dundee, MI, Woodhaven, MI.

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

  • 1 suburb is currently priced lower than the city of Monroe.

April 2024 Pricing Trends: Monroe vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Monroe, MI
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$835
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Monroe Rent Prices More Affordable Than Major Cities

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

The price for a Monroe 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 Monroe and surrounding area rent prices, take a look at the complete data set below.

Data set for Monroe and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Monroe, MI $835.0 -1.07% $1,025.0 1.79%
Dundee, MI $804.0 -1.95% $1,197.0 0.17%
Woodhaven, MI $954.0 -3.83% $1,165.0 -1.69%

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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