Luxury Apartments for Rent in 48216
15 rentals
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Studio-2 Beds
1-2 BathsPerennial Corktown | 1611 Michigan Ave #501ADA,
Detroit, MI 48216
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Use arrow keys to navigatePET FRIENDLY$1,244 - $1,695/moStudio-1 Bed1 BathThe Brooke on Bagley | 2420 Bagley St #e754bf614,
Detroit, MI 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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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,650 - $5,700/moStudio-2 Beds1-2 BathsThe Residences Water Square | 222 3rd St #1405,
Detroit, MI 48226
Use arrow keys to navigatePET FRIENDLY$1,200 - $4,740/moStudio-3 Beds1-3 BathsThe Broderick Tower (MCI) | 10 Witherell St #3202,
Detroit, MI 48226
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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 May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,450 |
| Jul 2025 | $1,445 |
| 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 |
Average Rent By Bedroom and Home Type
In May 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 | $1,100 | $1,800 | $1,525 | $4,000 | $1,264 |
| Townhomes | — | $3,300 | $1,199 | — | $1,199 |
| Apartments and Condos | $995 | $4,250 | $1,525 | — | $995 |
| Houses | $690 | $1,800 | $1,867 | $4,000 | $1,867 |
Frequently Asked Questions about Rentals in 48216
- What is the average rent in 48216?The average rent in 48216 is $1,264. Rent prices range from $690 to as much as $4,250, depending on the type of rental.
- How does the rent in 48216 compare to the national average?Average rent in 48216 is about 34% lower than the national average rent of $1,910. That means it is less expensive to rent in 48216 compared to the U.S. average.
- What is the average rent in 48216, by number of bedrooms?The average rent in 48216 is $823 for a studio, $1,100 for a 1 bedroom, $1,800 for a 2 bedroom, $1,525 for a 3 bedroom, and $4,000 for a 4 bedroom.
- How have rent prices in 48216 changed compared to last year?In the past year, the average rent price in 48216 has decreased by $136. That means the average rent is 11% lower than last year.
- How many available rental listings are in 48216?There are 18 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.