Apartments in 48124

1 - 5 of 5 Results
11
$1,550
Dearborn, MI
2 BR | Available Now
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Balcony/Deck/Patio
1
$950 - 1,105
851 Oakwood Blvd Dearborn, MI
Studio - 1 BR | Jan. 3, 2025
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
20
$2,300
Dearborn, MI
3 BR | Available Now
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House
Hollywood Gardens
18
$1,735
Dearborn, MI
3 BR | Dec. 30, 2024
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
Call for Pricing
Dearborn, MI
Studio | Available Now
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Disability Access
1 - 5 of 5 Results
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How much does it cost to rent an apartment in 48124?

48124 apartments
Bed Type Average Rent Range
Studio $950 $950 - $950
1BR $1,110 $1,110 - $1,110
Find an Apartment in 48124
Looking for apartments for rent in the 48124 zip code of Dearborn, MI? Rentable has a variety of options available for you to consider. Currently, there are 5 units that you can choose from. The average rent in this area is $1,330, making it an affordable option for many.

If you are looking for a specific floor plan type, the minimum rent for that type is $950. This gives you the flexibility to find an apartment that fits your budget and needs.

The 48124 zip code is located in Dearborn, MI, which offers a range of amenities and attractions to enjoy. One of the top neighborhoods in this area is Hollywood Gardens, known for its charm and community feel. Nearby, you can also find parks and other points of interest to explore.

If you're searching for apartments near 48124 or in Dearborn, MI, Rentable is the perfect place to start your search. With a wide variety of options and prices to choose from, you can find the perfect rental that meets your preferences and budget. Explore the available apartments in 48124 on Rentable and find your next home today.

Dearborn:
December Rent Report

Welcome to the December 2024 Dearborn Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Dearborn rental landscape.

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

Monthly Rent Report

$1,800
$1,350
$900
$450
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Dearborn Rent Prices Decrease From November to December

Dearborn rent prices decreased over the last month. From November to December, the city experienced a -0.07% decrease for the price of a one-bedroom apartment. The rent price for a Dearborn one-bedroom apartments currently stands at $1,355.0.

When we take a look at the two-bedroom comparison from November to December, Dearborn experienced a -0.92% decrease for the price of a two-bedroom apartment. The rent price for a Dearborn two-bedroom apartments currently stands at $1,721.0.

December Prices: Dearborn vs. Surrounding Areas

Rent Prices in Dearborn and Surrounding Areas

Rent prices have decreased in Dearborn 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 Dearborn 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 Dearborn suburbs

  • Rents did not decrease in any of the Dearborn suburbs.

December 2024 Pricing Trends: Dearborn vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Dearborn Rent Prices More Affordable Than Major Cities

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

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

Data set for Dearborn and suburbs

1 BR December 1 BR M/M % Change 2 BR December 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.