Cheap Apartments for Rent in 48864

19 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 Apr 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
May 2025$1,975
Jun 2025$2,350
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
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$1,397$1,594$2,100$2,495$1,900
Townhomes—$2,650$2,075—$2,075
Apartments and Condos$1,800$1,550$2,100—$1,800
Houses—$1,995$2,700$2,495$2,700

Frequently Asked Questions about Rentals in 48864

  • What is the average rent in 48864?
    The average rent in 48864 is $1,850. Rent prices range from $1,035 to as much as $3,999, depending on the type of rental.
  • How does the rent in 48864 compare to the national average?
    Average rent in 48864 is about 3% lower than the national average rent of $1,910. That means it is less expensive to rent in 48864 compared to the U.S. average.
  • What is the average rent in 48864, by number of bedrooms?
    The average rent in 48864 is $1,668 for a studio, $1,407 for a 1 bedroom, $1,592 for a 2 bedroom, $2,100 for a 3 bedroom, and $1,188 for a 4 bedroom.
  • How have rent prices in 48864 changed compared to last year?
    In the past year, the average rent price in 48864 has decreased by $262. That means the average rent is 14% lower than last year.
  • How many available rental listings are in 48864?
    There are 22 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.