48840 rental market
Last updated August 23, 2025
Rental market summary
The average rent for 1 bedroom properties in 48840 is $850.
$850
-$75
-$50
2
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $850 to $1,684.
Rent price | Number of rental properties |
---|---|
$800 | 1 |
$1,300+ | 1 |
Average rent price over time
In the last year, rent has decreased by $50 compared to the previous year.
Last year (2024) | This year (2025) | |
---|---|---|
Jan | $845 | $900 |
Feb | $900 | $925 |
Mar | $990 | $900 |
Apr | $995 | $925 |
May | $900 | $1,075 |
Jun | $1,095 | $925 |
Jul | $900 | $950 |
Aug | $895 | $995 |
Sep | $900 | No data |
Oct | $945 | No data |
Nov | $925 | No data |
Dec | $900 | No data |
Market temperature
The 48840 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 48840 is 46% lower than the national average.
$850
$1,587
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Rent trends near 48840
Frequently asked questions
1. What is the average rent in 48840?
The average rent in 48840 is $1,999.
2. How much does it cost to rent a house in 48840?
Houses in 48840 rent between $850 - $2,650 with an average rent of $1,999.
3. How has the rent in 48840 changed in the last year?
In the last year, the rent in 48840 increased by $499
4. How much has the rent in 48840 increased/decreased in the last month?
In the last month, the rent in 48840 increased by $499
5. How many available rentals are there in 48840?
There are currently 9 rentals available in 48840.
6. How do rent prices in 48840 compare with the national average?
The average rent in 48840 is $1,999 — Infinity% higher the national average of $0.