Cheap Apartments for Rent in 48201
77 rentals
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SPECIAL OFFERPET FRIENDLY$983 - $2,008/mo
Studio-2 Beds
1-2 BathsThe Hamilton Midtown Detroit | 40 Davenport St #803B,
Detroit, MI 48201
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APPLY INSTANTLYSPECIAL OFFERPET FRIENDLY$1,060 - $1,800/mo1-2 Beds1-2 BathsWestwill Apartments Midtown | 640 W Willis St #114,
Detroit, MI 48201
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PET FRIENDLY$1,150 - $1,875/mo1-2 Beds1-2 BathsStrathmore Apartments | 70 W Alexandrine St #405,
Detroit, MI 48201
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PET FRIENDLY$1,250 - $1,550/mo1-2 Beds1-2 BathsUniversity Club Apartments | 4707 Anthony Wayne Dr #52c935f37,
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 increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,495 |
| Jul 2025 | $1,600 |
| Aug 2025 | $1,600 |
| Sep 2025 | $1,500 |
| 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 | $1,336 |
| May 2026 | $1,395 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,250 | $2,400 | $1,500 | $4,500 | $1,395 |
| Townhomes | $2,250 | $2,800 | — | $4,500 | $2,800 |
| Apartments and Condos | $1,250 | $2,800 | $1,950 | — | $1,600 |
| Houses | $2,400 | — | — | — | $2,400 |
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 $1,432 per month. This is about 26% lower than the national average.
- What is the average rent of a house in 48201?The average rent of a house in 48201 is $2,400 per month. This is about 24% higher than the national average.
- What is the average rent of a townhome in 48201?The average rent of a townhome in 48201 is $2,800 per month. This is about 45% higher than the national average.
- When is the average rent cheapest in 48201?In the last year, the average rent in 48201 was lowest in May 2025 when it was $1,450 per month.
- 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 $1,250 per month. That is about $25 more than the cost of a studio apartment.
- How many available rental listings are in 48201?There are 96 available rental listings in 48201.
- 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.