Apartments in 48223

1 - 20 of 20 Results
27
$912 - 2,495
1501 North Shore Drive East Lansing, MI
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
9
$700
Detroit, MI
1 BR | Available Now
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13
$1,200
14392 Auburn St Detroit, MI
3 BR | Ask for Availability
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House
23
$1,250
Detroit, MI
3 BR | Available Now
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House
6
$1,100
12906 Penrod St Detroit, MI
3 BR | Ask for Availability
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House
13
$1,490
Detroit, MI
3 BR | Available Now
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Castle Rouge
1
$925
Detroit, MI
2 BR | Available Now
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Disability Access
Minock Park
20
$900
15350 Stout St Detroit, MI
3 BR | Ask for Availability
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House
Air Conditioning
In Unit Laundry
Dishwasher
Minock Park
5
$850
18646 Schoolcraft Detroit, MI
2 BR | Ask for Availability
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10
$1,450
Detroit, MI
3 BR | Ask for Availability
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Eliza Howell
15
$700
Detroit, MI
1 BR | Available Now
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0
$1,400
Detroit, MI
3 BR | Available Now
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Cat Friendly
House
0
$1,300
Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Eliza Howell
2
$800
Detroit, MI
4 BR | Ask for Availability
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House
Minock Park
1
$600
Detroit, MI
3 BR | Ask for Availability
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House
0
$1,400
Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$1,000
14055 Plainview Ave Detroit, MI
2 BR | Available Now
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House
0
$850
Detroit, MI
2 BR | Available Now
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9
$625 - 855
12870 W Outer Dr Detroit, MI
Studio - 2 BR | Available Now
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1
$700
Detroit, MI
1 BR | Ask for Availability
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1 - 20 of 20 Results
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  3. 48223

How much does it cost to rent an apartment in 48223?

48223 apartments
Bed Type Average Rent Range
Studio $910 $600 - $970
1BR $750 $700 - $1,100
2BR $1,030 $850 - $1,280
3BR $1,400 $680 - $1,660
Find an Apartment in 48223
If you're in the market for an apartment in Detroit, MI, specifically in the 48223 zip code, Rentable has you covered. Currently, there are 37 apartments for rent in 48223. The average rent for these units is $1,060. If you're looking for a studio unit, you can find one starting at $600.

48223 is home to two popular neighborhoods, Eliza Howell and Minock Park. These neighborhoods offer a great sense of community and are worth exploring if you're looking for a close-knit environment.

Whether you're searching for a cozy studio or a spacious three-bedroom apartment, Rentable has a variety of options available near 48223. Take a look at our listings and discover the perfect apartment for your needs.

Detroit:
November Rent Report

Welcome to the November 2024 Detroit Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Detroit Rent Prices Decrease From October to November

Detroit rent prices decreased over the last month. From October to November, the city experienced a -0.56% decrease for the price of a one-bedroom apartment. The rent price for a Detroit one-bedroom apartments currently stands at $1,422.0.

When we take a look at the two-bedroom comparison from October to November, Detroit experienced a -0.16% decrease for the price of a two-bedroom apartment. The rent price for a Detroit two-bedroom apartments currently stands at $1,263.0.

November Prices: Detroit vs. Surrounding Areas

Detroit, MI
Dearborn, MI
Royal Oak, MI
Clinton Township, MI
Farmington Hills, MI
Southfield, MI
Madison Heights, MI
$1,430
$1,354
$1,350
$1,206
$1,144
$1,093
$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 1 of the Detroit suburb increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Royal Oak, MI .

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

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

November 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
$4,211
$3,115
$2,373
$2,354
$1,903
$1,430
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Detroit, MI $1,430.0 0.07% $1,265.0 1.85%
Farmington Hills, MI $1,144.0 -0.78% $1,616.0 0.56%
Clinton Township, MI $1,206.0 -0.17% $1,410.0 -0.91%
Southfield, MI $1,093.0 -5.04% $1,610.0 0.19%
Madison Heights, MI $1,010.0 0.00% $1,207.0 1.17%
Royal Oak, MI $1,350.0 5.47% $1,649.0 0.98%
Dearborn, MI $1,354.0 -0.22% $1,738.0 0.64%

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.