Cheap Apartments for Rent in 48203
53 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 decreased in Nov 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jul 2026 | $1,250 |
| Aug 2026 | $1,175 |
| Sep 2026 | $1,100 |
| Oct 2026 | $1,195 |
| Nov 2026 | $1,100 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $950 | $1,100 | $1,300 | $1,656 | $1,100 |
| Townhomes | — | $1,194 | — | — | $1,194 |
| Apartments and Condos | $1,100 | $1,100 | $1,300 | $1,450 | $1,100 |
| Houses | $720 | $1,195 | $1,300 | $1,656 | $1,300 |
Frequently Asked Questions about Cheap Apartments for rent in 48203
- How many cheap apartments are for rent in 48203?Trulia currently lists 54 cheap apartments for rent in 48203.
- How much do cheap apartments in 48203 rent for?Rents for cheap apartments in 48203 range from $720 to $1,995 a month. Each listing shows its exact rent and any fees.
- How does Trulia decide which rentals are cheap?This page shows rentals in the lowest price tier for apartments in 48203, sorted from the lowest rent up.
- How can I find the cheapest apartments to rent in 48203?This page sorts apartments in 48203 from lowest rent up, starting at $720 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
- What trade-offs come with the cheapest rentals?Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.
View this page in Spanish: Apartamentos baratos en renta en 48203 - 54 Rentas | Trulia