48051 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in 48051 is about $1,103 per month. This puts it in the 85th percentile compared to the state average cost of rent, which is $1,036. Households in 48051 have a median income of $6,994 per month so the average renter in 48051 is spending roughly 16% of their earnings on housing.
Nationally, and in 48051, home values are the data point most closely correlated with the cost of rent. The median price of a home in 48051 is $193,185 right now, which is lower than nearby zip codes, meaning that rents in 48051 also tend to be lower versus these nearby zip codes.
Higher rent prices are common in the western parts of 48051 while lower rent rates are often available in southern areas.
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