Apartments in 48215

1 - 8 of 8 Results
18
$1,600
Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
24
$1,400
910 Marlborough St Detroit, MI
3 BR | Available Now
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Air Conditioning
Surface Parking
Storage
Disability Access
Dishwasher
1
$900 - 1,250
1031 Marlborough St Detroit, MI
1 - 2 BR | Available Now
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Storage
Disability Access
Dishwasher
13
$1,250
Detroit, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Jefferson Chalmers
$650
Detroit, MI
1 BR | Available Now
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Surface Parking
1
$895
4740 Alter Rd Detroit, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Disability Access
Chalmers Heights
$1,400
Detroit, MI
3 BR | Available Now
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Disability Access
Dishwasher
Jefferson Chalmers
$995
Detroit, MI
1 BR | Available Now
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How much does it cost to rent an apartment in 48215?

48215 apartments
Bed Type Average Rent Range
1BR $930 $650 - $1,000
2BR $1,200 $900 - $1,250
3BR $1,400 $1,400 - $1,600
Find an Apartment in 48215
Are you searching for apartments for rent in the 48215 area of Detroit, MI? Look no further! Rentable has a variety of rental options available in this zip code. Currently, there are 12 units available for rent in the 48215 area.

The average rent for apartments in 48215 is $1,200. You can find apartments with a minimum rent of $650. If you're looking for a specific floorplan type, you'll be pleased to know that there are options available for 1-bedroom.

Start your search for apartments near 48215 Detroit, MI on Rentable and discover the perfect rental that suits your needs and preferences. Don't miss out on the opportunity to find your next home in this thriving area.

Detroit:
April Rent Report

Welcome to the April 2024 Detroit 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 Detroit rental landscape.

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

Detroit Rent Prices Decrease From March to April

Detroit rent prices decreased over the last month. From March to April, the city experienced a -2.91% decrease for the price of a one-bedroom apartment. The rent price for a Detroit one-bedroom apartments currently stands at $1,303.0.

When we take a look at the two-bedroom comparison from March to April, Detroit experienced a 2.36% increase for the price of a two-bedroom apartment. The rent price for a Detroit two-bedroom apartments currently stands at $1,085.0.

April Prices: Detroit vs. Surrounding Areas

Troy, MI
Detroit, MI
Royal Oak, MI
Farmington Hills, MI
Clinton Township, MI
Southfield, MI
Sterling Heights, MI
Madison Heights, MI
$1,353
$1,342
$1,249
$1,151
$1,151
$1,145
$1,088
$1,006
$0
$450
$900
$1,350
$1,800
Median 1 BR Rent

Rent Prices in Detroit and Surrounding Areas

Rent prices have decreased in Detroit over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Detroit suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Clinton Township, MI, Madison Heights, MI, Royal Oak, MI, Sterling Heights, MI .

  • Rent decreased in Farmington Hills, MI, Southfield, MI, Troy, MI.

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

  • 6 suburbs are currently priced lower than the city of Detroit.

April 2024 Pricing Trends: Detroit vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Detroit, MI
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,342
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Detroit Rent Prices More Affordable Than Major Cities

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

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

Data set for Detroit and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Detroit, MI $1,342.0 -1.32% $1,060.0 1.15%
Farmington Hills, MI $1,151.0 0.00% $1,578.0 -0.06%
Clinton Township, MI $1,151.0 2.04% $1,421.0 3.65%
Madison Heights, MI $1,006.0 0.10% $1,121.0 -0.09%
Southfield, MI $1,145.0 -1.38% $1,443.0 -0.21%
Royal Oak, MI $1,249.0 0.56% $1,719.0 3.62%
Troy, MI $1,353.0 -1.10% $1,449.0 -0.41%
Sterling Heights, MI $1,088.0 5.12% $1,379.0 0.22%

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.