Cheap Apartments for Rent in 48328
24 rentals
- PET FRIENDLY
- NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$974 - $1,439/mo1-2 Beds1-2 BathsWaterford Square | 950 Village Green Blvd #1-1001,
Waterford, MI 48328 - PET FRIENDLY$1,005 - $1,910/mo1-2 Beds1-2 BathsCass Lake Shore Club | 3530 Denise Ct #1135304,
Waterford, MI 48328 - APPLY INSTANTLYPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$1,075 - $1,355/mo1-2 Beds1 BathCherokee Hills Apartments | 2750 Cherokee Dr #2855-18,
Waterford, MI 48328 - PET FRIENDLY$1,075 - $1,135/mo1-2 Beds1 BathHeritage Park Apartments | 3325 Watkins Lake Rd #O3,
Waterford, MI 48328 - $1,099 - $1,283/mo1-2 Beds1 BathGlengarry Park - Waterford Twp, MI | 850 Williamsbury Dr #127R,
Waterford, MI 48328 Save Search in 48328
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Apartments For Rent Near 48328
We found 30 more apartments matching your filters just outside 48328
- PET FRIENDLY
- PET FRIENDLY
- PET FRIENDLYINCOME RESTRICTED$800 - $900/mo1-2 Beds1 BathBloomfield on the River | 311 S Telegraph Rd #1B-1Ba-625Sqft,
Pontiac, MI 48341 - APPLY INSTANTLY
- APPLY INSTANTLYPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
- Total price$950 - $1,050/mo1-2 Beds1 BathEmbassy West Apartments | 5331 Highland Rd #1B-1Ba-700Sqft,
Waterford, MI 48327 - $950 - $1,100/mo1-2 Beds1 BathEdgewood Park Apartments | 370 W Hopkins Ave #380-306,
Pontiac, MI 48340 - $1,025 - $1,363/mo1-2 Beds1-2 BathsBloomfield On The Green - West Bloomfield, MI | 2510 Woodrow Wilson Blvd #2316-05,
West Bloomfield, MI 48324
Average Rent Trends in 48328
Rent in 48328 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 Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,550 |
| Jul 2025 | $1,505 |
| Aug 2025 | $1,400 |
| Sep 2025 | $1,350 |
| Oct 2025 | $1,350 |
| Nov 2025 | $1,300 |
| Dec 2025 | $1,300 |
| Jan 2026 | $1,475 |
| Feb 2026 | $1,495 |
| Mar 2026 | $1,389 |
| Apr 2026 | $1,350 |
| May 2026 | $1,450 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,030 | $1,250 | $2,100 | $2,150 | $1,700 |
| Apartments and Condos | $950 | $1,175 | — | — | $950 |
| Houses | — | $1,450 | $2,100 | $2,150 | $2,100 |
Frequently Asked Questions about Rentals in 48328
- What is the average rent of an apartment in 48328?The average rent of an apartment in 48328 is $1,063 per month. This is about 45% lower than the national average.
- What is the average rent of a house in 48328?The average rent of a house in 48328 is $2,100 per month. This is about 9% higher than the national average.
- When is the average rent cheapest in 48328?In the last year, the average rent in 48328 was lowest in Nov 2025 when it was $1,300 per month.
- When is the average rent most expensive in 48328?In the last year, the average rent in 48328 was highest in Jan 2025 when it was $1,850 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 48328?The average rent of a 1 bedroom apartment in 48328 is $1,030 per month. That is about $337 more than the cost of a studio apartment.
- How many available rental listings are in 48328?There are 31 available rental listings in 48328.
- What are some cities near 48328?Some nearby cities include: Waterford, Sylvan Lake, Keego Harbor, Pontiac, Lake Angelus, Orchard Lake. These cities may have more rental options to explore.