Luxury Apartments for Rent in 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 May 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,100 |
| 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 |
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 | $933 | $1,100 | $1,300 | $1,600 | $1,100 |
| Townhomes | — | $512 | — | — | $512 |
| Apartments and Condos | $975 | $1,100 | — | $1,780 | $975 |
| Houses | — | $1,100 | $1,300 | $1,500 | $1,350 |
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 $924 per month. This is about 52% lower than the national average.
- What is the average rent of a house in 48203?The average rent of a house in 48203 is $1,350 per month. This is about 30% lower than the national average.
- What is the average rent of a townhome in 48203?The average rent of a townhome in 48203 is $512 per month. This is about 73% 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 $933 per month. That is about $83 more than the cost of a studio apartment.
- How many available rental listings are in 48203?There are 54 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.