Luxury Apartments for Rent in 48823
76 rentals
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PET FRIENDLY$1,195 - $1,849/mo
Studio-4 Beds
1-5 BathsHannah Townhomes & Lofts | 2929 Hannah Blvd #2-810132,
East Lansing, MI 48823
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NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY$1,155 - $1,361/mo1-2 Beds1 BathHomestead Apartments | 426 W Lake Lansing Rd #B09,
East Lansing, MI 48823
$1,040 - $1,355/mo2 Beds1-2 BathsCambria Heights Apartments and Townhomes | 1340-1397 Compton Ct #434690,
East Lansing, MI 48823
PET FRIENDLY$850 - $1,325/moStudio-2 Beds1-2 BathsStonehedge | 2210 Stonehedge Dr #2322B,
East Lansing, MI 48823
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Average Rent Trends in 48823
Rent in 48823 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 Oct 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,575 |
| Jul 2025 | $1,600 |
| Aug 2025 | $1,575 |
| Sep 2025 | $1,695 |
| Oct 2025 | $1,850 |
| Nov 2025 | $1,600 |
| Dec 2025 | $1,536 |
| Jan 2026 | $1,484 |
| Feb 2026 | $1,357 |
| Mar 2026 | $1,360 |
| Apr 2026 | $1,300 |
| May 2026 | $1,250 |
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 | $1,075 | $1,226 | $2,100 | $660 | $1,250 |
| Townhomes | — | $1,250 | $2,150 | $1,995 | $1,995 |
| Apartments and Condos | $1,195 | $1,550 | $1,700 | $660 | $1,200 |
| Houses | — | $1,000 | $2,322 | $2,600 | $2,400 |
Frequently Asked Questions about Rentals in 48823
- What is the average rent of an apartment in 48823?The average rent of an apartment in 48823 is $2,095 per month. This is about 9% higher than the national average.
- What is the average rent of a house in 48823?The average rent of a house in 48823 is $2,400 per month. This is about 24% higher than the national average.
- What is the average rent of a townhome in 48823?The average rent of a townhome in 48823 is $1,995 per month. This is about 3% higher than the national average.
- When is the average rent cheapest in 48823?In the last year, the average rent in 48823 was lowest in May 2025 when it was $1,460 per month.
- When is the average rent most expensive in 48823?In the last year, the average rent in 48823 was highest in Oct 2025 when it was $1,850 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 48823?The average rent of a 1 bedroom apartment in 48823 is $1,075 per month. That is about $273 more than the cost of a studio apartment.
- How many available rental listings are in 48823?There are 66 available rental listings in 48823.
- What are some cities near 48823?