Cheap Apartments for Rent in 48640
18 rentals
- INCOME RESTRICTED
- PET FRIENDLY$782 - $1,182/mo1-2 Beds1 BathWoodland Place Apartments | 4512 N Saginaw Rd #1113,
Midland, MI 48640 - PET FRIENDLY$804 - $1,447/mo1-2 Beds1-2 BathsThe Dean Apartments @ Eastlawn | 115 Eastlawn Dr #eccd7f3dc,
Midland, MI 48640 - PET FRIENDLY
- APPLY INSTANTLYFURNISHED
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Apartments For Rent Near 48640
We found 27 more apartments matching your filters just outside 48640
- APPLY INSTANTLY
- PET FRIENDLY
- APPLY INSTANTLYPET FRIENDLY
- PET FRIENDLY
- NEW - 1 DAY AGOPET FRIENDLY$1,073 - $1,561/mo1-3 Beds1-2 BathsForest Glen Townhomes | 400 Alpine Way #13-203,
Midland, MI 48642 - $1,550 - $1,575/mo2 Beds2 BathsFreeland Rental Homes - Freeland/Bay City, MI | 8364 Nuthatch Dr,
Freeland, MI 48623 - $1,620 - $1,975/mo1-3 Beds1-3 BathsPerry Creek Townhomes - Midland, MI | 2798 W North Union Rd #37W,
Midland, MI 48642
Average Rent Trends in 48640
Rent in 48640 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,600 |
| Jul 2025 | $1,300 |
| Aug 2025 | $1,599 |
| Sep 2025 | $1,200 |
| Oct 2025 | $1,550 |
| Nov 2025 | $1,300 |
| Dec 2025 | $1,550 |
| Jan 2026 | $1,300 |
| Feb 2026 | $1,500 |
| Mar 2026 | $1,499 |
| Apr 2026 | $1,275 |
| May 2026 | $1,100 |
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 | $950 | $1,100 | $1,500 | $1,850 | $1,200 |
| Townhomes | — | — | $1,600 | $1,600 | $1,600 |
| Apartments and Condos | $1,025 | $1,100 | $1,500 | — | $1,100 |
| Houses | — | — | $1,500 | $1,850 | $1,850 |
Frequently Asked Questions about Rentals in 48640
- What is the average rent of an apartment in 48640?The average rent of an apartment in 48640 is $926 per month. This is about 52% lower than the national average.
- What is the average rent of a house in 48640?The average rent of a house in 48640 is $1,850 per month. This is about 4% lower than the national average.
- What is the average rent of a townhome in 48640?The average rent of a townhome in 48640 is $1,600 per month. This is about 17% lower than the national average.
- When is the average rent cheapest in 48640?In the last year, the average rent in 48640 was lowest in Mar 2025 when it was $1,200 per month.
- When is the average rent most expensive in 48640?In the last year, the average rent in 48640 was highest in Jan 2025 when it was $1,899 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 48640?The average rent of a 1 bedroom apartment in 48640 is $950 per month. That is about $1,250 less than the cost of a studio apartment.
- How many available rental listings are in 48640?There are 21 available rental listings in 48640.
- What are some cities near 48640?