48040 rental market
Last updated August 28, 2025
Rental market summary
The average rent for all bedrooms and all property types in 48040 is $1,200.
$1,200
$0
+$282
3
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $800 to $1,300.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $1,100 | 1 |
| $1,200 | 2 |
| $1,300+ | 1 |
Average rent price over time
In the last year, rent has increased by $282 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $885 | $896 |
| Feb | $885 | $957 |
| Mar | $885 | $890 |
| Apr | $1,100 | $1,000 |
| May | $885 | $974 |
| Jun | $1,300 | $950 |
| Jul | $1,200 | $995 |
| Aug | $1,050 | $1,200 |
| Sep | $918 | No data |
| Oct | $1,000 | No data |
| Nov | $937 | No data |
| Dec | $800 | No data |
Market temperature
The 48040 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 48040 is 43% lower than the national average.
$1,200
$2,100
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Frequently asked questions
1. What is the average rent in 48040?
The average rent in 48040 is $1,200.
2. How much does it cost to rent a house in 48040?
Houses in 48040 rent between $800 - $1,300 with an average rent of $1,200.
3. How has the rent in 48040 changed in the last year?
In the last year, the rent in 48040 increased by $282
4. How much has the rent in 48040 increased/decreased in the last month?
In the last month, the rent in 48040 did not change.
5. How many available rentals are there in 48040?
There are currently 3 rentals available in 48040.
6. How do rent prices in 48040 compare with the national average?
The average rent in 48040 is $1,200 — 42.86% lower the national average of $2,100.