48040 rental market
Last updated August 23, 2025
Rental market summary
The average rent for 1 bedroom properties in 48040 is $980.
$980
$0
+$20
1
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $980 to $1,255.
| Rent price | Number of rental properties |
|---|---|
| $900+ | 1 |
Average rent price over time
In the last year, rent has increased by $20 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $860 | $800 |
| Feb | $833 | $890 |
| Mar | $860 | $800 |
| Apr | $860 | $890 |
| May | $750 | $980 |
| Jun | $960 | $950 |
| Jul | $960 | $980 |
| Aug | $985 | $980 |
| Sep | $850 | No data |
| Oct | $960 | No data |
| Nov | $960 | 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 38% lower than the national average.
$980
$1,587
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Rent trends near 48040
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 did not change.
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 — Infinity% higher the national average of $0.