48723 rental market
Last updated August 29, 2025
Rental market summary
The average rent for all bedrooms and all property types in 48723 is $1,100.
$1,100
$0
+$225
9
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $673 to $1,800.
| Rent price | Number of rental properties |
|---|---|
| $600 | 1 |
| $700 | 2 |
| $800 | 1 |
| $1,000 | 3 |
| $1,100 | 3 |
| $1,300 | 1 |
| $1,400 | 1 |
| $1,700 | 1 |
| $1,800+ | 1 |
Average rent price over time
In the last year, rent has increased by $225 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $975 | $686 |
| Feb | $850 | $825 |
| Mar | $775 | $690 |
| Apr | $775 | $1,000 |
| May | $490 | $1,000 |
| Jun | $686 | $1,000 |
| Jul | $686 | $1,000 |
| Aug | $686 | $1,100 |
| Sep | $686 | No data |
| Oct | $900 | No data |
| Nov | $875 | No data |
| Dec | $825 | No data |
Market temperature
The 48723 rental market temperature is WARM. 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 48723 is 48% lower than the national average.
$1,100
$2,100
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Frequently asked questions
1. What is the average rent in 48723?
The average rent in 48723 is $1,100.
2. How much does it cost to rent a house in 48723?
Houses in 48723 rent between $673 - $1,800 with an average rent of $1,100.
3. How has the rent in 48723 changed in the last year?
In the last year, the rent in 48723 increased by $225
4. How much has the rent in 48723 increased/decreased in the last month?
In the last month, the rent in 48723 did not change.
5. How many available rentals are there in 48723?
There are currently 9 rentals available in 48723.
6. How do rent prices in 48723 compare with the national average?
The average rent in 48723 is $1,100 — 47.62% lower the national average of $2,100.