Cheap Apartments for Rent in 48201
81 rentals
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SPECIAL OFFERPET FRIENDLYFURNISHED$1,050 - $2,000/mo
Studio-2 Beds
1-2 BathsThe Hamilton Midtown Detroit | 40 Davenport St,
Detroit, MI 48201
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SPECIAL OFFER$1,200 - $1,300/mo1 Bed1 BathTrenton Properties LLC | 676 Martin Luther King Jr Blvd,
Detroit, MI 48201
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PET FRIENDLY$1,250 - $1,550/mo1-2 Beds1-2 BathsUniversity Club Apartments | 4707 Anthony Wayne Dr,
Detroit, MI 48201
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PET FRIENDLYTotal price$1,375 - $1,840/mo1-2 Beds1-2 BathsDevenir District - 711 W Alexandrine | 711 W Alexandrine St,
Detroit, MI 48201
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Average Rent Trends in 48201
Rent in 48201 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 Jan 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,480 |
| Nov 2025 | $1,499 |
| Dec 2025 | $1,453 |
| Jan 2026 | $1,449 |
| Feb 2026 | $1,423 |
| Mar 2026 | $1,249 |
| Apr 2026 | $1,338 |
| May 2026 | $1,395 |
| Jun 2026 | $1,462 |
| Jul 2026 | $1,450 |
| Aug 2026 | $1,575 |
| Sep 2026 | $1,525 |
Average Rent By Bedroom and Home Type
In October 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,400 | $1,875 | $1,600 | — | $1,565 |
| Townhomes | — | $3,200 | — | — | $3,200 |
| Apartments and Condos | $1,850 | $2,800 | $1,950 | — | $1,950 |
| Houses | — | — | — | — | $1,400 |
Frequently Asked Questions about Rentals in 48201
- What is the average rent of an apartment in 48201?The average rent of an apartment in 48201 is $1,551 per month. This is about 20% lower than the national average.
- What are the cheapest months to find an apartment to rent in 48201?Last year, the cheapest month to find an apartment to rent was May 2025 when it was $1,450 per month.
- How many cheap apartments are available in 48201?There are 48 apartments to rent that are cheaper than the city’s average rent of $1,565.
- When is the average rent most expensive in 48201?In the last year, the average rent in 48201 was highest in Jan 2025 when it was $1,795 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 48201?The average rent of a 1 bedroom apartment in 48201 is $1,400 per month. That is about $301 more than the cost of a studio apartment.
- What are some cities near 48201?Some nearby cities include: Detroit, Hamtramck, Highland Park, Windsor, River Rouge, Grosse Pointe Park. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 48201 - 185 Rentas | Trulia