A developer won approval for 48 market-rate apartments on Morrill Road in central Riverbank.
Each of the two-bedroom units could rent for about $2,300 to $2,445, developer Annie Gurpreet Sandhu said by email Wednesday, July 16. The figures are tentative.
They are higher than the area’s average rent because the apartments will be relatively large, at 978 square feet each, and brand new…