Cheap Apartments for Rent in 48197
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SPECIAL OFFERPET FRIENDLYFURNISHEDTotal price$696 - $2,813/mo
1-4 Beds
1-4 BathsPeninsular Place Apartments | 1000 N Huron River Dr #35570e2f8,
Ypsilanti, MI 48197
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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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,400 |
| Jul 2025 | $1,450 |
| Aug 2025 | $1,355 |
| Sep 2025 | $1,323 |
| Oct 2025 | $1,300 |
| Nov 2025 | $1,300 |
| Dec 2025 | $1,300 |
| Jan 2026 | $1,350 |
| Feb 2026 | $1,253 |
| Mar 2026 | $1,210 |
| Apr 2026 | $1,240 |
| May 2026 | $1,240 |
Average Rent By Bedroom and Home Type
In May 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 | $1,044 | $1,295 | $1,600 | $1,995 | $1,245 |
| Townhomes | $613 | — | $800 | — | $644 |
| Apartments and Condos | $985 | $1,300 | $1,465 | $1,800 | $1,200 |
| Houses | — | $1,750 | $2,100 | $3,150 | $2,350 |
Frequently Asked Questions about Rentals in 48197
- What is the average rent in 48197?The average rent in 48197 is $1,245. Rent prices range from $250 to as much as $4,950, depending on the type of rental.
- How does the rent in 48197 compare to the national average?Average rent in 48197 is about 35% lower than the national average rent of $1,910. That means it is less expensive to rent in 48197 compared to the U.S. average.
- What is the average rent in 48197, by number of bedrooms?The average rent in 48197 is $858 for a studio, $1,044 for a 1 bedroom, $1,295 for a 2 bedroom, $1,600 for a 3 bedroom, and $1,995 for a 4 bedroom.
- How have rent prices in 48197 changed compared to last year?In the past year, the average rent price in 48197 has decreased by $115. That means the average rent is 9% lower than last year.
- How many available rental listings are in 48197?There are 247 available rental listings in 48197.
- What are some cities near 48197?