Luxury Apartments for Rent in 48116

23 rentals

Apartments For Rent Near 48116

We found 30 more apartments matching your filters just outside 48116

Average Rent Trends in 48116

Rent in 48116 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jun 2025$1,385
Jul 2025$2,500
Aug 2025$2,300
Sep 2025$2,016
Oct 2025$2,085
Nov 2025$2,001
Dec 2025$2,100
Jan 2026$2,100
Feb 2026$2,100
Mar 2026$1,575
Apr 2026$1,386
May 2026$1,414
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,194$1,295$2,650—$1,500
Apartments and Condos$1,189$1,199$2,200—$1,199
Houses—$1,500$2,650—$2,650

Frequently Asked Questions about Rentals in 48116

  • What is the average rent of an apartment in 48116?
    The average rent of an apartment in 48116 is $1,502 per month. This is about 22% lower than the national average.
  • What is the average rent of a house in 48116?
    The average rent of a house in 48116 is $2,650 per month. This is about 37% higher than the national average.
  • When is the average rent cheapest in 48116?
    In the last year, the average rent in 48116 was lowest in May 2025 when it was $1,345 per month.
  • When is the average rent most expensive in 48116?
    In the last year, the average rent in 48116 was highest in Jul 2025 when it was $2,500 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 48116?
    The average rent of a 1 bedroom apartment in 48116 is $1,194 per month. That is about $294 more than the cost of a studio apartment.
  • How many available rental listings are in 48116?
    There are 23 available rental listings in 48116.
  • What are some cities near 48116?
    Some nearby cities include: Brighton, Hamburg, Whitmore Lake, South Lyon, New Hudson, Milford. These cities may have more rental options to explore.