Cheap Apartments for Rent in 48124
43 rentals
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Use arrow keys to navigatePET FRIENDLY$950 - $1,095/mo
Studio-1 Bed
1 BathThe Oakwood Manor Apartments | 851 Oakwood Blvd,
Dearborn, MI 48124
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Use arrow keys to navigateAPPLY INSTANTLY
APPLY INSTANTLY
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Average Rent Trends in 48124
Rent in 48124 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,700 |
| Nov 2025 | $1,700 |
| Dec 2025 | $1,700 |
| Jan 2026 | $1,750 |
| Feb 2026 | $1,750 |
| Mar 2026 | $1,750 |
| Apr 2026 | $1,750 |
| May 2026 | $1,800 |
| Jun 2026 | $1,800 |
| Jul 2026 | $1,850 |
| Aug 2026 | $1,850 |
| Sep 2026 | $1,800 |
Average Rent By Bedroom and Home Type
In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,095 | $1,575 | $1,900 | $2,700 | $1,850 |
| Townhomes | — | $1,550 | — | — | $1,550 |
| Apartments and Condos | $1,350 | $1,575 | $2,300 | — | $1,575 |
| Houses | — | $1,549 | $1,900 | $2,700 | $1,900 |
Frequently Asked Questions about Rentals in 48124
- What is the average rent of an apartment in 48124?The average rent of an apartment in 48124 is $1,229 per month. This is about 37% lower than the national average.
- What are the cheapest months to find an apartment to rent in 48124?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,700 per month.
- How many cheap apartments are available in 48124?There are 25 apartments to rent that are cheaper than the city’s average rent of $1,850.
- When is the average rent most expensive in 48124?In the last year, the average rent in 48124 was highest in Aug 2025 when it was $1,800 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 48124?The average rent of a 1 bedroom apartment in 48124 is $1,095 per month. That is about $120 more than the cost of a studio apartment.
- What are some cities near 48124?Some nearby cities include: Dearborn Heights, Dearborn, Allen Park, Inkster, Melvindale, Garden City. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 48124 - 47 Rentas | Trulia