Cheap Apartments for Rent in 48223
488 rentals
Use arrow keys to navigateSPECIAL OFFER$650 - $850/mo
Studio-1 Bed
1 BathParkside Apartments | 23740 Fenkell Ave #121a82f88,
Detroit, MI 48223
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Average Rent Trends in 48223
Rent in 48223 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $900 |
| Jul 2025 | $900 |
| Aug 2025 | $900 |
| Sep 2025 | $900 |
| Oct 2025 | $900 |
| Nov 2025 | $950 |
| Dec 2025 | $900 |
| Jan 2026 | $900 |
| Feb 2026 | $900 |
| Mar 2026 | $950 |
| Apr 2026 | $950 |
| May 2026 | $950 |
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 | $800 | $985 | $1,396 | $1,475 | $950 |
| Townhomes | $900 | $1,050 | — | — | $985 |
| Apartments and Condos | $695 | $975 | $1,500 | — | $795 |
| Houses | $795 | $985 | $1,396 | $1,475 | $985 |
Frequently Asked Questions about Rentals in 48223
- What is the average rent of an apartment in 48223?The average rent of an apartment in 48223 is $855 per month. This is about 56% lower than the national average.
- What is the average rent of a house in 48223?The average rent of a house in 48223 is $985 per month. This is about 49% lower than the national average.
- What is the average rent of a townhome in 48223?The average rent of a townhome in 48223 is $985 per month. This is about 49% lower than the national average.
- When is the average rent cheapest in 48223?In the last year, the average rent in 48223 was lowest in Apr 2025 when it was $900 per month.
- When is the average rent most expensive in 48223?In the last year, the average rent in 48223 was highest in Jan 2025 when it was $1,050 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 48223?The average rent of a 1 bedroom apartment in 48223 is $800 per month. That is about $150 more than the cost of a studio apartment.
- How many available rental listings are in 48223?There are 493 available rental listings in 48223.
- What are some cities near 48223?Some nearby cities include: Redford, Dearborn Heights, Southfield, Royal Oak Township, Dearborn, Oak Park. These cities may have more rental options to explore.