Apartments in 48864

13 rentals

Apartments For Rent Near 48864

We found 30 more apartments matching your filters just outside 48864

Average Rent Trends in 48864

Rent in 48864 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.
MonthAverage rent
Jun 2025$1,407
Jul 2025$1,468
Aug 2025$1,400
Sep 2025$1,578
Oct 2025$1,383
Nov 2025$1,350
Dec 2025$1,290
Jan 2026$1,426
Feb 2026$1,423
Mar 2026$1,435
Apr 2026$1,304
May 2026$1,723
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$1,407$1,592$2,100$1,188$1,850
Townhomes—$1,200$2,900—$2,650
Apartments and Condos—$1,800$2,100—$1,800
Houses——$3,322$3,999$3,322

Frequently Asked Questions about Apartments and Condos for rent in 48864

  • What is the average rent of an apartment in 48864?
    The average rent of an apartment in 48864 is $1,722 per month. This is about 11% lower than the national average.
  • When is the average rent cheapest in 48864?
    In the last year, the average rent in 48864 was lowest in Apr 2025 when it was $1,240 per month.
  • When is the average rent most expensive in 48864?
    In the last year, the average rent in 48864 was highest in Jan 2025 when it was $2,465 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 48864?
    The average rent of a 1 bedroom apartment in 48864 is $1,407 per month. That is about $262 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 48864?
    There are 15 available apartments or condos to rent in 48864.
  • What are some cities near 48864?
    Some nearby cities include: Okemos, Haslett, East Lansing, Williamston, Bath, Holt. These cities may have more rental options to explore.