48623 rental market

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Last updated August 30, 2025

Rental market summary

The average rent for 3 bedroom properties in 48623 is $1,774.

Average rent

$1,774

Month-over-month change

+$32

Year-over-year change

-$126

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,645 to $2,950.

Rent frequencies
Rent priceNumber of rental properties
$1,7001
$2,900+1

Average rent price over time

In the last year, rent has decreased by $126 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,775$2,950
Feb$1,782$1,810
Mar$1,795$1,794
Apr$1,950$1,736
May$1,770$1,758
Jun$1,950$2,000
Jul$1,099$1,693
Aug$1,099$1,732
Sep$1,900No data
Oct$1,850No data
Nov$1,900No data
Dec$1,848No data

Market temperature

The 48623 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 48623 is 19% lower than the national average.

48623vs.

$1,774

$2,200

Rent in 48623

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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 — Infinity% higher the national average of $0.