Cheap Apartments for Rent in 48197
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PET FRIENDLYFURNISHEDTotal price$654 - $2,616/mo
1-4 Beds
1-4 BathsPeninsular Place Apartments | 1000 N Huron River Dr,
Ypsilanti, MI 48197
NEW - 2 DAYS AGO
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Average Rent Trends in 48197
Rent in 48197 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,323 |
| Oct 2025 | $1,300 |
| Nov 2025 | $1,300 |
| Dec 2025 | $1,300 |
| Jan 2026 | $1,350 |
| Feb 2026 | $1,250 |
| Mar 2026 | $1,209 |
| Apr 2026 | $1,240 |
| May 2026 | $1,240 |
| Jun 2026 | $1,250 |
| Jul 2026 | $1,300 |
| Aug 2026 | $1,348 |
Average Rent By Bedroom and Home Type
In August 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 | $1,035 | $1,365 | $1,695 | $2,000 | $1,325 |
| Townhomes | $520 | — | $2,178 | — | $589 |
| Apartments and Condos | $1,000 | $1,467 | $1,695 | $1,500 | $1,345 |
| Houses | $825 | $1,850 | $2,100 | $3,000 | $2,900 |
Frequently Asked Questions about Rentals in 48197
- What is the average rent of an apartment in 48197?The average rent of an apartment in 48197 is $1,239 per month. This is about 37% lower than the national average.
- When is the average rent cheapest in 48197?In the last year, the average rent in 48197 was lowest in Mar 2025 when it was $1,294 per month.
- When is the average rent most expensive in 48197?In the last year, the average rent in 48197 was highest in Jul 2025 when it was $1,450 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 48197?The average rent of a 1 bedroom apartment in 48197 is $1,035 per month. That is about $285 more than the cost of a studio apartment.
- How many available rental listings are in 48197?There are 168 available rental listings in 48197.
- What are some cities near 48197?
View this page in Spanish: Apartamentos baratos en renta en 48197 - 269 Rentas | Trulia