Luxury Apartments for Rent in 48216
32 rentals
- PET FRIENDLYFURNISHED$1,725 - $4,750/moStudio-2 Beds1-3 BathsPerennial Corktown | 1611 Michigan Ave #5246429,
Detroit, MI 48216 - PET FRIENDLY$1,160 - $3,500/moStudio-2 Beds1-2 BathsThe Corner | 1620 Michigan Ave #cb310f680,
Detroit, MI 48216 - PET FRIENDLY
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- PET FRIENDLY$1,810 - $3,240/mo1-2 Beds1-2 BathsElton Park Corktown Apartments | 2050 8th Ave #314CK,
Detroit, MI 48216 - $1,244 - $1,695/moStudio-1 Bed1 BathThe Brooke on Bagley | 2420 Bagley St #e754bf614,
Detroit, MI 48216 Save Search in 48216
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Apartments For Rent Near 48216
We found 30 more apartments matching your filters just outside 48216
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- $1,995 - $3,100/moStudio-1 Bed1 BathThe Residences Water Square | 222 3rd St #2305,
Detroit, MI 48226 - $1,720 - $2,790/mo1-2 Beds1-2 BathsThe Broderick Tower (MCI) | 10 Witherell St #901,
Detroit, MI 48226 - $1,950 - $2,771/mo1-2 Beds1-2 BathsThe Scott at Brush Park | 3150 Woodward Ave #213,
Detroit, MI 48201
Average Rent Trends in 48216
Rent in 48216 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $1,800 |
| Sep 2025 | $1,700 |
| Oct 2025 | $1,413 |
| Nov 2025 | $1,600 |
| Dec 2025 | $1,770 |
| Jan 2026 | $1,995 |
| Feb 2026 | $1,550 |
| Mar 2026 | $1,470 |
| Apr 2026 | $1,125 |
| May 2026 | $1,413 |
| Jun 2026 | $1,470 |
| Jul 2026 | $2,000 |
Average Rent By Bedroom and Home Type
In July 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 | $1,278 | $2,800 | $3,000 | — | $2,095 |
| Townhomes | — | $2,400 | $1,750 | — | $2,400 |
| Apartments and Condos | $1,625 | $2,800 | $2,650 | — | $2,650 |
| Houses | $690 | $3,495 | $3,250 | — | $3,250 |
Frequently Asked Questions about Rentals in 48216
- What is the average rent of an apartment in 48216?The average rent of an apartment in 48216 is $1,651 per month. This is about 15% lower than the national average.
- When is the average rent cheapest in 48216?In the last year, the average rent in 48216 was lowest in Mar 2025 when it was $1,350 per month.
- When is the average rent most expensive in 48216?In the last year, the average rent in 48216 was highest in Aug 2025 when it was $1,800 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 48216?The average rent of a 1 bedroom apartment in 48216 is $1,278 per month. That is about $328 more than the cost of a studio apartment.
- How many available rental listings are in 48216?There are 33 available rental listings in 48216.
- What are some cities near 48216?Some nearby cities include: Detroit, River Rouge, Hamtramck, Windsor, Highland Park, Melvindale. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos de lujo en renta en los alrededores de 48216 - 190 Rentas | Trulia