How many apartments are available in 48314 on Rentable.co?
Rentable.co has 5 apartments available for rent in 48314.
What is the average rent for an apartment in 48314?
The average rent for an apartment in 48314 is around $1,160 per month.
What is the average rent for a two-bedroom apartment in 48314?
The average rent for a two-bedroom apartment in 48314 is around $1,566 per month.
Find an Apartment in 48314
Looking for apartments for rent in 48314 Sterling Heights, MI? Look no further! Rentable has a variety of rental options available in this zip code. Currently, there are 13 units available for rent in the 48314 area.
Sterling Heights, MI is a vibrant community with numerous parks, shopping centers, and restaurants nearby. Enjoy the convenience of living near major highways, making it easy to commute to work or explore the surrounding areas.
If you're interested in finding a rental in the 48314 area, take a look at Rentable's listings for apartments near 48314. With a range of floor plans and affordable options, you're sure to find the perfect place to call home in Sterling Heights, MI.
Sterling Heights: April Rent Report
Welcome to the April 2024 Sterling Heights 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 Sterling Heights rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Sterling Heights 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
Sterling Heights average rent prices in the chart below.
Monthly Rent Report
$1,500
$1,130
$750
$380
$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
Sterling Heights Rent Prices Increase From March to April
Sterling Heights rent prices increased over the last month. From March to April, the city experienced a 4.96% increase for the price of a one-bedroom apartment. The rent price for a Sterling Heights one-bedroom apartments currently stands at $1,142.0.
When we take a look at the two-bedroom comparison from March to April, Sterling Heights experienced a 2.18% increase for the price of a two-bedroom apartment. The rent price for a Sterling Heights two-bedroom apartments currently stands at $1,409.0.
April Prices: Sterling Heights vs. Surrounding Areas
Rent Prices in Sterling Heights and Surrounding Areas
Rent prices have increased in Sterling Heights 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 Sterling Heights 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 Sterling Heights suburbs
Rents did not decrease in any of the Sterling Heights suburbs.
April 2024 Pricing Trends: Sterling Heights 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
Sterling Heights Rent Prices More Affordable Than Major Cities
Rent growth in Sterling Heights 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, Sterling Heights average rent prices appear to be
relatively affordable for local residents.
The price for a Sterling Heights 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 Sterling Heights and surrounding area rent prices, take a look at the complete data set below.
Data set for Sterling Heights 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.