Luxury Apartments for Rent in 48864
19 rentals
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- PET FRIENDLY$3,158 - $3,200/mo3 Beds2 BathsOkemos Grand Reserve | 1580 Woodland Way #2f74534f5,
Okemos, MI 48864 - PET FRIENDLY$1,517 - $2,946/mo1-3 Beds1-3 BathsElevation Apartments | 3595 Jolly Oak Rd #9371f4545,
Okemos, MI 48864 - APPLY INSTANTLY
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- $1,197 - $2,045/mo1-3 Beds1-2 BathsMeridian Meadows Apartments | 4555 Paddock Dr #R-4548,
Okemos, MI 48864 - Total price$1,035 - $1,450/mo1-3 Beds1-2 BathsCedar Creek Apartments | 4394 Okemos Rd #d7dd83e7f,
Okemos, MI 48864 Save Search in 48864
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Apartments For Rent Near 48864
We found 30 more apartments matching your filters just outside 48864
- PET FRIENDLY
- PET FRIENDLY
- APPLY INSTANTLY
- APPLY INSTANTLY
- Total price$1,611 - $2,696/mo1-3 Beds1-2 BathsThe View on Collins Apartments | 4540 Collins Rd #3123,
Lansing, MI 48910
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 Jul 2025.
| Month | Average rent |
|---|---|
| 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 |
| May 2026 | $1,850 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,407 | $1,592 | $2,100 | $1,188 | $1,850 |
| Townhomes | — | $2,650 | $2,900 | — | $2,650 |
| Apartments and Condos | $1,800 | $1,800 | $2,100 | — | $1,800 |
| Houses | — | — | $3,322 | $3,999 | $3,322 |
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.