Apartments in 48316

1 - 16 of 16 Results
32
$858
5871 Althea St Shelby Township, MI
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Storage
5
$1,398 - 1,997
Shelby Township, MI
1 - 3 BR | Available Now
Contact
Air Conditioning
Fitness Center
Storage
Disability Access
Dishwasher
30
$1,650
54222 E Annsbury Cir Building 8-1 Shelby Township, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Pool
16
$1,550
54255 E Annsbury Unit 6-7 Shelby Township, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
21
$1,750
Shelby Township, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
6
$2,000 - 2,390
7959 Sal Mar Way Shelby Twp, MI
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
30
$1,775
Shelby Township, MI
3 BR | May. 1, 2024
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
$1,999
Shelby Twp, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
$2,412
7648 Sal Mar Way Shelby Twp, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
3
$1,925
Shelby Township, MI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
$2,178
7728 Sal Mar Way Shelby Twp, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
$2,315
55724 Reserve 8I Shelby Twp, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
$2,390
Shelby Twp, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
$2,390
Shelby Twp, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
$1,575
8224-8268 Yorkshire Dr Shelby Twp, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
$2,204
Shelby Twp, MI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1 - 16 of 16 Results
  1. Home
  2. Detroit Area Apartments
  3. Shelby Twp
  4. 48316

How much does it cost to rent an apartment in 48316?

48316 apartments
Bed Type Average Rent Range
1BR $1,130 $860 - $1,400
2BR $2,160 $1,560 - $2,400
3BR $2,000 $1,780 - $2,200
Find an Apartment in 48316
Looking for apartments for rent in the 48316 zip code in Shelby Twp, MI? Look no further! Rentable provides rental information for this area, and currently there are 25 units available. The average rent in the 48316 zip code is $2,000, with the most affordable option starting at $858 for a 1-bedroom floor plan.

Located in Shelby Twp, MI, the 48316 zip code offers a variety of amenities and attractions nearby. Nature enthusiasts will enjoy the scenic beauty of Stony Creek Metropark, which provides opportunities for hiking, biking, and picnicking. For those seeking entertainment, the nearby Mall at Partridge Creek features an array of shops, restaurants, and a movie theater.

If you're searching for apartments near 48316, Rentable has got you covered. Explore our listings and find the perfect rental that meets your needs and preferences.

Shelby Twp:
April Rent Report

Welcome to the April 2024 Shelby Twp 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 Shelby Twp rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Shelby Twp 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 Shelby Twp 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 BR       2 BR

Shelby Twp Rent Prices Decrease From March to April

Shelby Twp rent prices decreased over the last month. From March to April, the city experienced a -5.3% decrease for the price of a one-bedroom apartment. The rent price for a Shelby Twp one-bedroom apartments currently stands at $1,019.0.

When we take a look at the two-bedroom comparison from March to April, Shelby Twp experienced a -1.15% decrease for the price of a two-bedroom apartment. The rent price for a Shelby Twp two-bedroom apartments currently stands at $1,541.0.

April Prices: Shelby Twp vs. Surrounding Areas

Rent Prices in Shelby Twp and Surrounding Areas

Rent prices have decreased in Shelby Twp 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 Shelby Twp 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 Shelby Twp suburbs

  • Rents did not decrease in any of the Shelby Twp suburbs.

April 2024 Pricing Trends: Shelby Twp 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

Shelby Twp Rent Prices More Affordable Than Major Cities

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

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

Data set for Shelby Twp 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.