48623 rental market
Last updated August 29, 2025
Rental market summary
The average rent for all bedrooms and all property types in 48623 is $1,667.
$1,667
+$467
+$467
5
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,049 to $2,950.
| Rent price | Number of rental properties |
|---|---|
| $1,000 | 1 |
| $1,300 | 1 |
| $1,600 | 1 |
| $2,400 | 1 |
| $2,900+ | 1 |
Average rent price over time
In the last year, rent has increased by $467 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,600 | $1,049 |
| Feb | $1,950 | $1,750 |
| Mar | $1,950 | $1,367 |
| Apr | $1,950 | $1,350 |
| May | $1,612 | $1,149 |
| Jun | $1,850 | $1,787 |
| Jul | $1,099 | $1,640 |
| Aug | $1,719 | $1,200 |
| Sep | $1,200 | No data |
| Oct | $1,099 | No data |
| Nov | $1,750 | No data |
| Dec | $1,738 | No data |
Market temperature
The 48623 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 48623 is 21% lower than the national average.
$1,667
$2,100
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Frequently asked questions
1. What is the average rent in 48623?
The average rent in 48623 is $1,667.
2. How much does it cost to rent a house in 48623?
Houses in 48623 rent between $1,049 - $2,950 with an average rent of $1,667.
3. How has the rent in 48623 changed in the last year?
In the last year, the rent in 48623 increased by $467
4. How much has the rent in 48623 increased/decreased in the last month?
In the last month, the rent in 48623 increased by $467
5. How many available rentals are there in 48623?
There are currently 5 rentals available in 48623.
6. How do rent prices in 48623 compare with the national average?
The average rent in 48623 is $1,667 — 20.62% lower the national average of $2,100.