Apartments in 48223

1 - 25 of 25 Results
27
$926 - 2,939
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
10
$625 - 695
Detroit, MI
1 BR | Available Now
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1
$1,100
Detroit, MI
3 BR | Available Now
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House
Minock Park
6
$1,100
12906 Penrod St Detroit, MI
3 BR | Ask for Availability
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House
44
$1,650
Detroit, MI
3 BR | Available Now
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House
North Rosedale Park
13
$1,100
14392 Auburn St Detroit, MI
3 BR | Ask for Availability
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House
27
$1,220
14552 Ashton Rd Detroit, MI
3 BR | Ask for Availability
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House
Grandmont-Rosedale
15
$700
Detroit, MI
1 BR | Available Now
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10
$1,450
Detroit, MI
3 BR | Ask for Availability
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Eliza Howell
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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1
$875
Detroit, MI
2 BR | Available Now
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Disability Access
Minock Park
0
$1,400
Detroit, MI
3 BR | Available Now
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Cat Friendly
House
1
$1,200
Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Eliza Howell
1
$1,000
14055 Plainview Ave Detroit, MI
2 BR | Available Now
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House
1
$1,400
Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,650
18885 Lancashire St Detroit, MI
3 BR | Available Now
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House
North Rosedale Park
2
$800
Detroit, MI
4 BR | Ask for Availability
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House
Minock Park
1
$1,395
13984 Southfield Rd Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$700
Detroit, MI
1 BR | Ask for Availability
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0
$600 - 850
Detroit, MI
Studio - 2 BR | Available Now
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1
$1,355
Detroit, MI
3 BR | Available Now
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House
1
$1,300
15847 Chatham St Detroit, MI
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$600
Detroit, MI
3 BR | Ask for Availability
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House
9
$625 - 855
12870 W Outer Dr Detroit, MI
Studio - 2 BR | Available Now
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1 - 25 of 25 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 $930 $630 - $980
1BR $730 $630 - $1,140
2BR $1,180 $850 - $1,320
3BR $1,400 $710 - $1,600
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 36 apartments for rent in 48223. The average rent for these units is $1,100. If you're looking for a 1-bedroom unit, you can find one starting at $625.

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:
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.