48023 rental market

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Last updated August 18, 2025

Rental market summary

The average rent for 3 bedroom properties in 48023 is $1,545.

Average rent

$1,545

Month-over-month change

-$55

Year-over-year change

+$203

Available rentals

4

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,269 to $2,000.

Rent frequencies
Rent priceNumber of rental properties
$1,4001
$1,5001
$1,7001
$1,9001
$2,000+1

Average rent price over time

In the last year, rent has increased by $203 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,150$1,423
Feb$2,150$1,457
Mar$2,150$1,499
Apr$1,416$1,612
May$1,469$1,699
Jun$1,256$1,699
Jul$1,382$1,749
Aug$1,361$1,563
Sep$1,394No data
Oct$1,475No data
Nov$1,495No data
Dec$1,451No data

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.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 48023 is 30% lower than the national average.

48023vs.

$1,545

$2,213

Rent in 48023

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Frequently asked questions

1. What is the average rent in 48023?

The average rent in 48023 is $1,495.

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 $1,495.

3. How has the rent in 48023 changed in the last year?

In the last year, the rent in 48023 increased by $83

4. How much has the rent in 48023 increased/decreased in the last month?

In the last month, the rent in 48023 decreased by $17

5. How many available rentals are there in 48023?

There are currently 5 rentals available in 48023.

6. How do rent prices in 48023 compare with the national average?

The average rent in 48023 is $1,495 — Infinity% higher the national average of $0.