Cheap Apartments for Rent in 48840

20 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 increased in Oct 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
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
Sep 2026$1,495
Oct 2026$1,550
View as a graph

Average Rent By Bedroom and Home Type

In October 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$1,160$1,337$1,950$2,244$1,625
Townhomes—$1,795$2,000—$1,950
Apartments and Condos$1,495—$1,750—$1,495
Houses—$1,625$2,000$2,244$1,850

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 $1,267 per month. This is about 35% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 48840?
    Last year, the cheapest month to find an apartment to rent was Nov 2025 when it was $992 per month.
  • How many cheap apartments are available in 48840?
    There are 10 apartments to rent that are cheaper than the city’s average rent of $1,625.
  • 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.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 48840 - 97 Rentas | Trulia