48723 rental market
Last updated August 21, 2025
Rental market summary
The average rent for 3 bedroom properties in 48723 is $1,100.
$1,100
$0
+$200
3
Source: Zillow Rentals data
Rental price range
The price range for 3 bedroom properties is $1,100 to $1,400.
| Rent price | Number of rental properties |
|---|---|
| $1,000 | 2 |
| $1,100 | 2 |
| $1,300 | 1 |
| $1,400+ | 1 |
Average rent price over time
In the last year, rent has increased by $200 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Feb | $474 | $1,000 |
| Mar | $474 | $1,000 |
| Apr | $395 | $1,100 |
| May | $398 | $1,100 |
| Oct | $900 | 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 50% lower than the national average.
$1,100
$2,200
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Rent trends near 48723
Frequently asked questions
1. What is the average rent in 48723?
The average rent in 48723 is $825.
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 $825.
3. How has the rent in 48723 changed in the last year?
In the last year, the rent in 48723 increased by $140
4. How much has the rent in 48723 increased/decreased in the last month?
In the last month, the rent in 48723 decreased by $275
5. How many available rentals are there in 48723?
There are currently 8 rentals available in 48723.
6. How do rent prices in 48723 compare with the national average?
The average rent in 48723 is $825 — Infinity% higher the national average of $0.