How many apartments are available in 48314 on Rentable.co?
Rentable.co has 4 apartments available for rent in 48314.
What is the average rent for an apartment in 48314?
The average rent for an apartment in 48314 is around $1,800 per month.
What is the average rent for a two-bedroom apartment in 48314?
The average rent for a two-bedroom apartment in 48314 is around $1,750 per month.
Find an Apartment in 48314
Looking for apartments for rent in 48314 Sterling Heights, MI? Look no further! Rentable has a variety of rental options available in this zip code. Currently, there are 6 units available for rent in the 48314 area. The average rent for these apartments is $1,800, with the lowest priced floor plan starting at $1,700.
Sterling Heights, MI is a vibrant community with numerous parks, shopping centers, and restaurants nearby. Enjoy the convenience of living near major highways, making it easy to commute to work or explore the surrounding areas.
If you're interested in finding a rental in the 48314 area, take a look at Rentable's listings for apartments near 48314. With a range of floor plans and affordable options, you're sure to find the perfect place to call home in Sterling Heights, MI.
Sterling Heights: December Rent Report
Welcome to the December 2024 Sterling Heights 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 Sterling Heights rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Sterling Heights 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
Sterling Heights average rent prices in the chart below.
Monthly Rent Report
$1,600
$1,200
$800
$400
$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 BR2 BR
Sterling Heights Rent Prices Increase From November to December
Sterling Heights rent prices increased over the last month. From November to December, the city experienced a 0.96% increase for the price of a one-bedroom apartment. The rent price for a Sterling Heights one-bedroom apartments currently stands at $1,158.0.
When we take a look at the two-bedroom comparison from November to December, Sterling Heights experienced a -0.36% decrease for the price of a two-bedroom apartment. The rent price for a Sterling Heights two-bedroom apartments currently stands at $1,391.0.
December Prices: Sterling Heights vs. Surrounding Areas
Rent Prices in Sterling Heights and Surrounding Areas
Rent prices have increased in Sterling Heights over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Sterling Heights suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Sterling Heights suburbs
Rents did not decrease in any of the Sterling Heights suburbs.
December 2024 Pricing Trends: Sterling Heights vs. National Comparisons
New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Sterling Heights Rent Prices More Affordable Than Major Cities
Rent growth in Sterling Heights over the past year has been
on the rise. When compared to major cities nearby, along
with some of the most expensive cities in the country, Sterling Heights average rent prices appear to be
relatively affordable for local residents.
The price for a Sterling Heights 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 Sterling Heights and surrounding area rent prices, take a look at the complete data set below.
Data set for Sterling Heights and suburbs
1 BR December
1 BR M/M % Change
2 BR December
2 BR M/M % Change
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.