Apartments in 48161

1 - 14 of 14 Results
1
$867
Monroe, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
0
$900
117 E 8Th St Monroe, MI
1 BR | Available Now
Contact
Cat Friendly
Storage
32
$250 - 1,100
Monroe, MI
Studio - 2 BR | Available Now
Contact
Dishwasher
37
$1,000
Monroe, MI
2 BR | Available Now
Contact
123
$820 - 1,100
Monroe, MI
1 - 2 BR | Available Now
Contact
5
$1,200
411 Railroad St Monroe, MI
3 BR | Available Now
Contact
1
$850
Monroe, MI
2 BR | Ask for Availability
Contact
0
$800
Monroe, MI
1 BR | Available Now
Contact
0
$775
604 Conant Ave Monroe, MI
1 BR | Available Now
Contact
House
4
$800
Monroe, MI
Studio | Available Now
Contact
Storage
30
$875 - 1,380
6112 Greenwycke Lane Monroe Township, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Pool
8
$900
Monroe, MI
2 BR | Available Now
Contact
1
$867
Monroe, MI
1 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
$1,200
Monroe, MI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1 - 14 of 14 Results
  1. Home
  2. Monroe
  3. 48161

How much does it cost to rent an apartment in 48161?

48161 apartments
Bed Type Average Rent Range
Studio $250 $250 - $800
1BR $850 $780 - $920
2BR $1,050 $850 - $1,120
3BR $1,200 $1,200 - $1,380
Find an Apartment in 48161
Looking for apartments for rent in 48161 Monroe, MI? Rentable has a variety of options available in this area. Currently, there are 35 units available for rent in the 48161 zip code. The average rent in this area is $890, with options starting at $250 for studio units.

If you're considering moving to 48161, there are several points of interest and community amenities nearby to enhance your living experience. Monroe, MI offers a charming downtown area with local shops and restaurants, providing residents with convenient access to a variety of amenities. Additionally, several parks and green spaces, such as Sterling State Park and Munson Park, are within close proximity, allowing for outdoor activities and recreational opportunities.

Whether you're searching for a spacious apartment or a cozy studio, Rentable's 48161 apartments are worth exploring. Take a closer look at the listings on Rentable to find the perfect place to call home in Monroe, MI's 48161 zip code.

Monroe:
November Rent Report

Welcome to the November 2024 Monroe 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 Monroe rental landscape.

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

Monthly Rent Report

$1,100
$830
$550
$280
$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

Monroe Rent Prices Decrease From October to November

Monroe rent prices decreased over the last month. From October to November, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Monroe one-bedroom apartments currently stands at $854.0.

When we take a look at the two-bedroom comparison from October to November, Monroe experienced a 0.19% increase for the price of a two-bedroom apartment. The rent price for a Monroe two-bedroom apartments currently stands at $1,049.0.

November Prices: Monroe vs. Surrounding Areas

Woodhaven, MI
Dundee, MI
Monroe, MI
$1,127
$998
$854
$0
$400
$800
$1,200
$1,600
Median 1 BR Rent

Rent Prices in Monroe and Surrounding Areas

Rent prices have decreased in Monroe 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 Monroe suburb 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 Woodhaven, MI .

  • Rent decreased in Dundee, MI.

  • 2 suburbs are currently priced higher than the city of Monroe.

November 2024 Pricing Trends: Monroe vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Monroe, MI
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$854
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Monroe Rent Prices More Affordable Than Major Cities

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

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

Data set for Monroe and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Dundee, MI $998.0 0.00% $1,225.0 0.00%
Monroe, MI $854.0 0.59% $1,047.0 0.19%
Woodhaven, MI $1,127.0 3.02% $1,378.0 3.84%

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.