Apartments in 48240

2 rentals

Apartments For Rent Near 48240

We found 17 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 for a apartment decreased in Jun 2026 compared to the previous month. Rent for apartments peaked in Feb 2026.
MonthAverage rent
Apr 2025$1,248
May 2025$1,098
Jun 2025$1,145
Sep 2025$1,252
Oct 2025$1,214
Nov 2025$1,148
Dec 2025$1,148
Jan 2026$1,121
Feb 2026$1,495
Mar 2026$1,300
May 2026$1,195
Jun 2026$1,006
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,300$1,583$1,725$1,545
Apartments and Condos—$1,175$1,400—$1,175
Houses—$1,300$1,675$1,725$1,583

Frequently Asked Questions about Apartments and Condos for rent in 48240

  • What is the average rent of an apartment in 48240?
    The average rent of an apartment in 48240 is $1,175 per month. This is about 40% lower than the national average.
  • When is the average rent for an apartment cheapest in 48240?
    In the last year, the average rent in 48240 was lowest in Feb 2025 when it was $850 per month.
  • When is the average rent for an apartment most expensive in 48240?
    In the last year, the average rent in 48240 was highest in Mar 2025 when it was $1,300 per month.
  • How many apartments or condos are available to rent in 48240?
    There are 2 available apartments or condos to rent 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.
View this page in Spanish: Apartamentos en 48240 - 19 Apartamentos | Trulia