Average Rent in 48197, Ypsilanti, MI

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Current Versus Historical 48197, Ypsilanti, MI Rents

48197 rentals average $470 for a studio rental to $3,300 for a 4-bedroom rental. The median price of all currently available listings is $1,200, or roughly $18 per square feet.

For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $93 (-15.34%) year-over-year from $608 to $515. 1-bedroom rentals prices have decreased by $40 (-4.02%) year-over-year from $995 to $955. 2-bedroom rentals prices have increased by $340 (24.55%) year-over-year from $1,385 to $1,725. 3-bedroom rentals prices have increased by $547 (31.18%) year-over-year from $1,753 to $2,300. 4-bedroom rentals prices have increased by $802 (32.09%) year-over-year from $2,498 to $3,300. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 10.17% this month. 1-bedroom rents have gone up by 6.80% this month. 2-bedroom rents have gone up by 23.21% this month. 3-bedroom rents have gone up by 15.38% this month. 4-bedroom rents have gone up by 10.61% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$14.12	$515	$608 (-15.34%)	$827 (-37.70%)
1 BR	$33.35	$955	$995 (-4.02%)	$904 (5.62%)
2 BR	$17.88	$1,725	$1,385 (24.55%)	$1,182 (45.98%)
3 BR	$20.44	$2,300	$1,753 (31.18%)	$1,550 (48.39%)
4+ BR	$15.18	$3,300	$2,498 (32.09%)	$2,524 (30.74%)

Historical Rents in 48197, Ypsilanti, MI

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 48197

There are a total of 2 cities nearby 48197. The average rent in 48197 is currently $1,551 per month. Our records show that Ypsilanti, MI, with an average rent of $1,203, is the most affordable city nearby. In contrast, the most expensive city near 48197, Ypsilanti, MI is Ann Arbor, MI. Monthly rents here are on average $1,900 per month.

Let's compare 48197, Ypsilanti, MI's rent against other top cities nearby by bedroom size. Typically, rent for studios in 48197, Ypsilanti, MI is 87.23% more affordable than other cities nearby. One bedrooms are about 22.61% more affordable. Two bedrooms in 48197, Ypsilanti, MI are about 32.91% more affordable. Finally, rent for three bedrooms are about 36.28% more affordable. Want more information? Check out the top 2 cities near 48197, Ypsilanti, MI in the following table.

City	Studio	1 Bed	2 Bed	All
Ypsilanti, MI	$470	$1,045	$1,365	$1,203
Ann Arbor, MI	$1,290	$1,395	$2,038	$1,900

Top Neighborhoods Near 48197

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 48197

There are a total of 2 counties located by 48197, Ypsilanti, MI. Some of these counties include Ypsilanti, MI and Ann Arbor, MI. The average rent for rentals in these counties is $1,551. That's roughly around $23 per sqft. The county that is the most affordable is Ypsilanti, MI. Its average rent per month is $1,203. Vice versa, with an average rent of $1,900, Ann Arbor, MI is the most expensive county by 48197, Ypsilanti, MI.

Typically, rent for studios in 48197, Ypsilanti, MI is 87.23% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 48197, Ypsilanti, MI is 22.61% more affordable than other counties nearby. Finally, rent for two bedrooms in 48197, Ypsilanti, MI is 32.91% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Ypsilanti, MI	$470	$1,045	$1,365	$1,203
Ann Arbor, MI	$1,290	$1,395	$2,038	$1,900

Top Zipcodes Near 48197

There are a total of 2 zipcodes in or near 48197, Ypsilanti, MI. The average rent for all of these zipcodes is $2,050.

Studios in these zipcodes have an average rent of $1,200. That's at least $39 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 48197, Ypsilanti, MI is $1,275 per month. Or in other words, $49 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,038 per month. Which comes out to $23 per sqft. The following table includes the top 2 zipcodes in 48197, Ypsilanti, MI. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
48105, Ann Arbor, MI	$1,300	$1,150	$2,200	$2,200
48103, Scio, MI	$1,100	$1,400	$1,875	$1,900

Frequently Asked Questions - 48197 Average Rents

What is the average rent price in 48197, Ypsilanti, MI?

The average monthly rental price for 48197, Ypsilanti, MI apartments for rent is approximately $1,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 48197, Ypsilanti, MI rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 48197, Ypsilanti, MI.

How much is a studio apartment in 48197, Ypsilanti, MI?

The average monthly rental price for studio apartments is $470 and an average price per square feet of $14.12. There are a total of 18 studio apartment listings currently available for rent in 48197.

How much is a one bedroom apartment in 48197, Ypsilanti, MI?

The average monthly rental price for one bedroom apartments is $995 and an average price per square feet of $33.35. There are a total of 8 one bedroom apartment listings currently available for rent in 48197.

How much is a two bedroom apartment in 48197, Ypsilanti, MI?

The average monthly rental price for two bedroom apartments is $1,280 and an average price per square feet of $17.88. There are a total of 14 two bedroom apartment listings currently available for rent in 48197.

How have rent prices in 48197, Ypsilanti, MI changed this year?

Rent prices for rentals in 48197, Ypsilanti, MI can fluctuate yearly. Specifically, studio rental prices have changed by -0.15%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.25%, three bedroom rental prices have changed by 0.31% year-over-year.

What is a reasonable rent price in 48197, Ypsilanti, MI?

A reasonable rent price in 48197, Ypsilanti, MI is around $960/month. You can search for these reasonably priced rental listings on RentHop.