48623 rental market
Last updated August 19, 2025
Rental market summary
The average rent for 2 bedroom properties in 48623 is $1,074.
$1,074
-$66
-$426
4
Source: Zillow Rentals data
Rental price range
The price range for 2 bedroom properties is $875 to $2,420.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $1,000 | 1 |
| $1,500 | 1 |
| $2,400+ | 1 |
Average rent price over time
In the last year, rent has decreased by $426 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,460 | $1,029 |
| Feb | $1,518 | $1,200 |
| Mar | $1,500 | $1,367 |
| Apr | $1,449 | $1,150 |
| May | $1,438 | $925 |
| Jun | $800 | $1,149 |
| Jul | $979 | $1,099 |
| Aug | $1,488 | $1,140 |
| Sep | $1,200 | No data |
| Oct | $1,049 | No data |
| Nov | $1,500 | No data |
| Dec | $1,049 | 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 43% lower than the national average.
$1,074
$1,895
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Rent trends near 48623
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 $875 - $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 decreased by $6
4. How much has the rent in 48623 increased/decreased in the last month?
In the last month, the rent in 48623 increased by $527
5. How many available rentals are there in 48623?
There are currently 6 rentals available in 48623.
6. How do rent prices in 48623 compare with the national average?
The average rent in 48623 is $1,667 — Infinity% higher the national average of $0.