Cheap Apartments for Rent in 48864

22 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 decreased in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jul 2025$2,500
Aug 2025$2,350
Sep 2025$2,500
Oct 2025$1,975
Nov 2025$1,850
Dec 2025$2,160
Jan 2026$1,900
Feb 2026$2,000
Mar 2026$1,700
Apr 2026$1,756
May 2026$1,850
Jun 2026$1,733
View as a graph

Average Rent By Bedroom and Home Type

In July 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$1,435$1,599$2,773$1,202$2,239
Townhomes—$2,245$2,850—$2,800
Apartments and Condos$1,450$1,250——$1,450
Houses——$2,600$3,200$2,600

Frequently Asked Questions about Rentals in 48864

  • What is the average rent of an apartment in 48864?
    The average rent of an apartment in 48864 is $1,512 per month. This is about 22% 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 Nov 2025 when it was $1,850 per month.
  • When is the average rent most expensive in 48864?
    In the last year, the average rent in 48864 was highest in Jul 2025 when it was $2,500 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 $1,435 per month. That is about $270 less than the cost of a studio apartment.
  • How many available rental listings are in 48864?
    There are 26 available rental listings 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.