Apartments in 48203

1 - 30 of 58 Results
10
$925
17550 Second Ave Detroit, MI
2 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
6
$950
Detroit, MI
1 BR | Available Now
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Cat Friendly
Storage
8
$1,050
Highland Park, MI
1 BR | Available Now
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6
$1,050
Detroit, MI
2 BR | Available Now
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Cat Friendly
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8
$1,000
Highland Park, MI
1 BR | Available Now
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Cat Friendly
Storage
6
$950
Detroit, MI
1 BR | Available Now
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Cat Friendly
5
$1,195
Highland Park, MI
2 BR | Available Now
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Cat Friendly
Balcony/Deck/Patio
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8
$1,045
Highland Park, MI
1 BR | Available Now
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Storage
5
$950
Detroit, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
7
$1,085
Highland Park, MI
Studio | Available Now
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Storage
6
$1,145
Highland Park, MI
2 BR | Available Now
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Cat Friendly
Balcony/Deck/Patio
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7
$1,175
Highland Park, MI
2 BR | Available Now
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Cat Friendly
Balcony/Deck/Patio
Storage
10
$1,255
Highland Park, MI
1 BR | Available Now
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Cat Friendly
Storage
8
$850
Highland Park, MI
Studio | Available Now
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6
$935
Highland Park, MI
1 BR | Available Now
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Cat Friendly
9
$1,255
Highland Park, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
8
$1,255
Highland Park, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
5
$1,255
Highland Park, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
6
$1,595
Detroit, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
6
$950
Detroit, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
6
$995
Detroit, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
8
$1,255
Highland Park, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
15
$900
Detroit, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
7
$700
Highland Park, MI
1 BR | Ask for Availability
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Air Conditioning
6
$950
Detroit, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
7
$1,595
Detroit, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
5
$1,195
Highland Park, MI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
8
$890
Highland Park, MI
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
6
$950
Detroit, MI
1 BR | Available Now
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Cat Friendly
Storage
9
$1,255
Highland Park, MI
1 BR | Available Now
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1 - 30 of 58 Results
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  3. 48203

How much does it cost to rent an apartment in 48203?

48203 apartments
Bed Type Average Rent Range
Studio $870 $600 - $1,090
1BR $1,000 $710 - $1,270
2BR $1,150 $720 - $2,000
Find an Apartment in 48203
Are you searching for apartments for rent in the 48203 area of Detroit, MI? You're in luck! Rentable currently has multiple units available in this zip code. The average rent for apartments in 48203 is $1,050, and the minimum rent for a studio floor plan starts at $600.

The top neighborhoods in 48203 are Palmer Woods and Chaldean Town. These neighborhoods offer a vibrant community atmosphere and are close to various amenities such as parks, schools, and shopping centers.

If you're interested in exploring more options, make sure to check out Rentable's apartments in the 48203 area. With a variety of floor plans and rental prices, you're sure to find the perfect apartment near 48203 Detroit, MI for your needs. Start your search today and secure your new home in this desirable location.

Detroit:
December Rent Report

Welcome to the December 2024 Detroit 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 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
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

Detroit Rent Prices Decrease From November to December

Detroit rent prices decreased over the last month. From November to December, the city experienced a -0.14% decrease for the price of a one-bedroom apartment. The rent price for a Detroit one-bedroom apartments currently stands at $1,420.0.

When we take a look at the two-bedroom comparison from November to December, Detroit experienced a -0.71% decrease for the price of a two-bedroom apartment. The rent price for a Detroit two-bedroom apartments currently stands at $1,254.0.

December Prices: Detroit vs. Surrounding Areas

Detroit, MI
Royal Oak, MI
Troy, MI
Dearborn, MI
Clinton Township, MI
Farmington Hills, MI
Southfield, MI
Madison Heights, MI
$1,422
$1,394
$1,356
$1,356
$1,196
$1,135
$1,036
$1,010
$0
$500
$1,000
$1,500
$2,000
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 3 of the Detroit suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Royal Oak, MI, Troy, MI, Dearborn, MI .

  • Rent decreased in Farmington Hills, MI, Clinton Township, MI, Southfield, MI, Madison Heights, MI.

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

December 2024 Pricing Trends: Detroit vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Detroit, MI
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,422
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Detroit, MI $1,422.0 -0.56% $1,263.0 -0.16%
Farmington Hills, MI $1,135.0 -0.79% $1,622.0 0.37%
Clinton Township, MI $1,196.0 -0.83% $1,414.0 0.28%
Southfield, MI $1,036.0 -5.22% $1,611.0 0.06%
Madison Heights, MI $1,010.0 0.00% $1,191.0 -1.33%
Royal Oak, MI $1,394.0 3.26% $1,659.0 0.61%
Troy, MI $1,356.0 3.67% $1,568.0 6.16%
Dearborn, MI $1,356.0 0.15% $1,737.0 -0.06%

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.