48040 rental market
Average rent price over time
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,050 | $1,093 |
| Feb | $895 | $1,098 |
| Mar | $1,050 | $1,121 |
| Apr | $1,050 | $1,105 |
| May | $1,050 | $995 |
| Jun | $1,075 | $1,155 |
| Jul | $1,075 | No data |
| Aug | $1,050 | No data |
| Sep | $1,040 | No data |
| Oct | $1,071 | No data |
| Nov | $1,075 | 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.
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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 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 — Infinity% higher the national average of $0.