Cheap Apartments for Rent in 48203
46 rentals
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Use arrow keys to navigatePET FRIENDLY$850 - $950/mo
1-2 Beds
1 BathPalmer Lofts Apartments | 1291 W State Fair Palmer Loft Building Detroit Cir,
Highland Park, MI 48203
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Average Rent Trends in 48203
Rent in 48203 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,100 |
| Aug 2025 | $1,100 |
| Sep 2025 | $1,100 |
| Oct 2025 | $1,200 |
| Nov 2025 | $1,200 |
| Dec 2025 | $1,200 |
| Jan 2026 | $1,200 |
| Feb 2026 | $1,200 |
| Mar 2026 | $1,200 |
| Apr 2026 | $1,200 |
| May 2026 | $1,100 |
| Jun 2026 | $1,100 |
Average Rent By Bedroom and Home Type
In July 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 | $930 | $1,100 | $1,300 | $1,780 | $1,250 |
| Townhomes | — | $1,445 | — | — | $1,445 |
| Apartments and Condos | $1,010 | $1,100 | $4,452 | $1,780 | $1,100 |
| Houses | — | $1,100 | $1,300 | $1,500 | $1,300 |
Frequently Asked Questions about Rentals in 48203
- What is the average rent of an apartment in 48203?The average rent of an apartment in 48203 is $954 per month. This is about 51% lower than the national average.
- When is the average rent cheapest in 48203?In the last year, the average rent in 48203 was lowest in Jan 2025 when it was $1,100 per month.
- When is the average rent most expensive in 48203?In the last year, the average rent in 48203 was highest in Mar 2025 when it was $1,200 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 48203?The average rent of a 1 bedroom apartment in 48203 is $930 per month. That is about $130 more than the cost of a studio apartment.
- How many available rental listings are in 48203?There are 50 available rental listings in 48203.
- What are some cities near 48203?Some nearby cities include: Highland Park, Detroit, Hazel Park, Ferndale, Hamtramck, Royal Oak Township. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 48203 - 50 Rentas | Trulia