48023 rental market
Last updated August 13, 2025
Rental market summary
The average rent for 2 bedroom properties in 48023 is $1,192.
$1,192
-$69
+$36
3
Source: Zillow Rentals data
Rental price range
The price range for 2 bedroom properties is $950 to $1,750.
| Rent price | Number of rental properties |
|---|---|
| $900 | 1 |
| $1,100 | 1 |
| $1,700+ | 1 |
Average rent price over time
In the last year, rent has increased by $36 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Apr | $1,149 | $1,159 |
| May | $1,149 | $1,114 |
| Jun | $1,139 | $1,195 |
| Jul | $1,329 | $1,148 |
| Aug | $950 | $1,309 |
| Oct | $1,800 | $1,268 |
| Nov | $1,189 | $1,369 |
| Dec | $1,214 | $1,260 |
Market temperature
The 48023 rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 48023 is 37% lower than the national average.
$1,192
$1,895
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Rent trends near 48023
Frequently asked questions
1. What is the average rent in 48023?
The average rent in 48023 is $1,505.
2. How much does it cost to rent a house in 48023?
Houses in 48023 rent between $950 - $2,000 with an average rent of $1,505.
3. How has the rent in 48023 changed in the last year?
In the last year, the rent in 48023 increased by $80
4. How much has the rent in 48023 increased/decreased in the last month?
In the last month, the rent in 48023 decreased by $22
5. How many available rentals are there in 48023?
There are currently 6 rentals available in 48023.
6. How do rent prices in 48023 compare with the national average?
The average rent in 48023 is $1,505 — Infinity% higher the national average of $0.