Cheap Apartments for Rent in 48840

15 rentals

Apartments For Rent Near 48840

We found 30 more apartments matching your filters just outside 48840

Average Rent Trends in 48840

Rent in 48840 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Sep 2025$1,435
Oct 2025$1,275
Nov 2025$992
Dec 2025$1,165
Jan 2026$1,175
Feb 2026$1,295
Mar 2026$1,295
Apr 2026$1,250
May 2026$1,300
Jun 2026$1,495
Jul 2026$1,400
Aug 2026$1,366
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Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,193$1,273$2,000$2,400$1,495
Townhomes——$2,750—$2,750
Apartments and Condos$1,495—$1,856$3,000$1,495
Houses——$2,000$2,400$2,000

Frequently Asked Questions about Rentals in 48840

  • What is the average rent of an apartment in 48840?
    The average rent of an apartment in 48840 is $1,809 per month. This is about 8% lower than the national average.
  • When is the average rent cheapest in 48840?
    In the last year, the average rent in 48840 was lowest in Nov 2025 when it was $992 per month.
  • When is the average rent most expensive in 48840?
    In the last year, the average rent in 48840 was highest in Aug 2025 when it was $1,500 per month.
  • How many available rental listings are in 48840?
    There are 16 available rental listings in 48840.
  • What are some cities near 48840?
    Some nearby cities include: Haslett, Bath, Okemos, East Lansing, Williamston, Perry. These cities may have more rental options to explore.