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Apartments in 48162

1 - 6 of 6 Results
13
$890
Appleton Ridge Apartments
612 John Anderson Ct Monroe, MI
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
9
$950
229 Michigan Ave
Monroe, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
11
$925 - 1,149
Oak Forest Townhomes & Apartments
300 Twin Oaks Dr. Monroe, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
57
$950
Hidden Trail Apartments
Deal
1513 Stewart RD Monroe, MI
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
7
$999
44 E Willow St
Monroe, MI
2 BR | Available Now
Contact
53
$850 - 1,550
Hampton Apartments & Townhomes
1.8
1318 Frank Dr Monroe, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
1 - 6 of 6 Results
  1. Home
  2. Monroe
  3. 48162

How much does it cost to rent an apartment in 48162?

48162 apartments
Bed Type Average Rent Range
1BR $930 $850 - $950
2BR $1,000 $890 - $1,200
3BR $1,300 $1,150 - $1,450
Frequently Asked Questions

How many apartments are available in 48162 on Rentable.co?

Rentable.co has 6 apartments available for rent in 48162.

What is the average rent for an apartment in 48162?

The average rent for an apartment in 48162 is around $970 per month.

What is the average rent for a two-bedroom apartment in 48162?

The average rent for a two-bedroom apartment in 48162 is around $999 per month.

What is the average rent for a one-bedroom apartment in 48162?

The average rent for a one-bedroom apartment in 48162 is around $925 per month.

Find an Apartment in 48162
Looking for apartments for rent in 48162 Monroe, MI? Rentable has a variety of options available in this area. Currently, there are 11 units available for rent in the 48162 zip code. The average rent in this area is $950, with $850 being the minimum rent for a 1-bedroom floor plan.

The 48162 zip code offers a great location with easy access to nearby parks and amenities. Residents can enjoy the beautiful scenery at the nearby Monroe County Community College Nature Area or take a stroll along the River Raisin Heritage Trail. With a range of community amenities, including shopping centers, restaurants, and entertainment options, there is always something to do near apartments in 48162.

Whether you're looking for a studio apartment or a multi-bedroom unit, Rentable has options that will meet your needs in the 48162 area. Browse through our listings and find the perfect apartment for rent in 48162 Monroe, MI today.

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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