Apartments in 48216

1 - 4 of 4 Results

10

Hortensia Townhomes Apartment for rent in Detroit, MI

Hortensia Townhomes Apartment for rent in Detroit, MI

$1,795

Hortensia Townhomes

820 Vinewood Detroit, MI

2 BR | Available Now

Contact

Dog Friendly

Cat Friendly

In Unit Laundry

Balcony/Deck/Patio

Storage

24

2836 Harrison St Apartment for rent in Detroit, MI

2836 Harrison St Apartment for rent in Detroit, MI

$3,000

2836 Harrison St

Detroit, MI

3 BR | Apr. 28, 2025

Contact

Dog Friendly

Cat Friendly

House

Storage

Dishwasher

27

1604 Bagley St Apartment for rent in Detroit, MI

1604 Bagley St Apartment for rent in Detroit, MI

$1,350 - 1,450

1604 Bagley St

Detroit, MI

Studio | Available Now

Contact

Dog Friendly

Cat Friendly

Corktown

0

The Orena Apartment for rent in Detroit, MI

$1,345

The Orena

2638 Rosa Parks Blvd Detroit, MI

2 BR | May. 1, 2025

Contact

Balcony/Deck/Patio

Dishwasher

Briggs

1 - 4 of 4 Results

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Detroit
48216

Find an Apartment in 48216

Looking for apartments for rent in the 48216 zip code in Detroit, MI? Rentable has compiled some helpful information for you. Currently, there are 4 units available in this area. The average rent in 48216 is $1,400, with the lowest priced units starting at $1,345.

The 48216 zip code is home to several top neighborhoods including Corktown, Hubbard-Richard, and Southwestern. These neighborhoods offer a variety of amenities and attractions such as restaurants, shops, and historic sites.

If you're looking for apartments near 48216, Rentable has a wide selection of options for you to choose from. Whether you're seeking a cozy studio or a spacious three-bedroom, there are apartments in 48216 that cater to your needs. Take a look at Rentable's listings and discover your next rental in the 48216 area.

Detroit:
April Rent Report

Welcome to the April 2025 Detroit Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2025 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. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

Jan. 2025

Feb. 2025

Mar. 2025

Apr. 2025

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 -0.22% decrease for the price of a one-bedroom apartment. The rent price for a Detroit one-bedroom apartments currently stands at $1,373.0.

When we take a look at the two-bedroom comparison from March to April, Detroit experienced a 0.6% increase for the price of a two-bedroom apartment. The rent price for a Detroit two-bedroom apartments currently stands at $1,176.0.

April Prices: Detroit vs. Surrounding Areas

Troy, MI

Royal Oak, MI

Detroit, MI

Clinton Township, MI

Farmington Hills, MI

Southfield, MI

Madison Heights, MI

$1,470

$1,432

$1,376

$1,178

$1,127

$1,095

$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 5 of the Detroit suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Farmington Hills, MI, Clinton Township, MI, Southfield, MI, Troy, MI, Royal Oak, MI .
Rent decreased in Madison Heights, MI.
2 suburbs are currently priced higher than the city of Detroit.
4 suburbs are currently priced lower than the city of Detroit.

April 2025 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

$4,079

$3,149

$2,365

$2,334

$1,894

$1,376

$1,284

$1,245

$1,207

$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 April	1 BR M/M % Change	2 BR April	2 BR M/M % Change
Detroit, MI	$1,376.0	-1.22%	$1,169.0	-0.93%
Farmington Hills, MI	$1,127.0	0.63%	$1,631.0	-0.43%
Clinton Township, MI	$1,178.0	1.29%	$1,430.0	0.21%
Southfield, MI	$1,095.0	2.24%	$1,659.0	1.47%
Troy, MI	$1,470.0	2.08%	$1,788.0	0.28%
Madison Heights, MI	$1,010.0	0.00%	$1,123.0	0.00%
Royal Oak, MI	$1,432.0	0.92%	$1,707.0	2.46%

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.