Apartments For Rent in 48240

11 rentals

Apartments For Rent Near 48240

We found 30 more apartments matching your filters just outside 48240

Average Rent Trends in 48240

Rent in 48240 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Apr 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
May 2025$1,450
Jun 2025$1,350
Jul 2025$1,550
Aug 2025$1,550
Sep 2025$1,475
Oct 2025$1,370
Nov 2025$1,450
Dec 2025$1,400
Jan 2026$1,350
Feb 2026$1,495
Mar 2026$1,500
Apr 2026$1,650
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,195$1,600—$1,549
Apartments and Condos—$1,195——$1,195
Houses—$1,295$1,600—$1,600

Frequently Asked Questions about Rentals in 48240

  • What is the average rent in 48240?
    The average rent in 48240 is $1,575. Rent prices range from $1,195 to as much as $1,800, depending on the type of rental.
  • How does the rent in 48240 compare to the national average?
    Average rent in 48240 is about 18% lower than the national average rent of $1,910. That means it is less expensive to rent in 48240 compared to the U.S. average.
  • What is the average rent in 48240, by number of bedrooms?
    The average rent in 48240 is $ for a studio, $ for a 1 bedroom, $1,195 for a 2 bedroom, $1,650 for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices in 48240 changed compared to last year?
    In the past year, the average rent price in 48240 has increased by $125. That means the average rent is 8% higher than last year.
  • How many available rental listings are in 48240?
    There are 13 available rental listings in 48240.
  • What are some cities near 48240?
    Some nearby cities include: Redford, Livonia, Southfield, Farmington, Farmington Hills, Lathrup Village. These cities may have more rental options to explore.