ZIP Code · MI

ZIP 48009

Pop. 21,772·Oakland County·1st most expensive ZIP in Michigan
Median rent (all units)
$2,682/mo
Year-over-Year
+4.1%
Month-over-Month
+0.2%
vs US Median
+$750
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 48009 · $2,682
More expensive than 84% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,520
1 BR
$1,690
2 BR
$2,120
3 BR
$2,590
4 BR+
$2,810
Research median
$2,120/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 48009 usually run 1.6% below trend in February and 1.3% above it in August, about $78 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 48009 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Michigan

Rent in ZIP 48009 changed +4.1% over the year to September 2026. Across the 134 Michigan ZIP codes Zillow tracks, the typical change was +4.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 48009 rose 34.7% while median household income rose 24.9% ($122,804 to $153,401). Rent outpaced income.

Since before the pandemic

Rent in ZIP 48009 is 48.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($153,401) is $3,835 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,810).

Cheaper nearby

ZIP 48084, 2 miles away, rents for 38% less ($1,671/mo), about $12,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48009. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$32,184/yr
At $2,682/mo median
Location
StateMI
CountyOakland County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.1% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 48009 (Birmingham, MI) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 76.8% of residents hold a bachelor's degree or higher.

Population
21,772
Median income
$153,401
Median age
41.8
Renters
22.9%
Age distribution
25.3%
13.5%
28.7%
14.3%
18.2%
Under 1825.3%
18–3413.5%
35–5428.7%
55–6414.3%
65+18.2%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
84.5%
White84.5%
Black2.8%
Hispanic4.4%
Asian5%
Other3.2%
Education (25+)
16.2%
76.8%
No HS diploma1.2%
HS diploma5.9%
Some college16.2%
Bachelor's+76.8%
Housing tenure
77.1%
22.9%
Owner77.1%
Renter22.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 48009 in Birmingham, MI has changed in 5 years

Rent
$1,979 → $2,682
up 35.5%
Income
$137,907 → $153,401
up 11.2%
Population
21,728 → 21,772
up 0.2%
Renter share
25.2% → 22.9%
-2.3 pts
Bachelor's+
77.1% → 76.8%
-0.3 pts
Median age
42.3 → 41.8
-0.5 yrs

Across the past five years, the going rent in ZIP 48009 in Birmingham, MI has shifted from $1,979 to $2,682, up 35.5% since 2021. Local incomes tracked alongside that move, going from a median of $137,907 in 2021 to $153,401 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 25.2% to 22.9%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 48009 in Birmingham, MI market of 2021.

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About renting in ZIP 48009

Last updated: October 17, 2026

ZIP code 48009 covers Birmingham, MI. The median rent here is $2,682/mo as of October 2026. A 1-bedroom rents for a median of $1,690/mo. A 2-bedroom rents for a median of $2,120/mo.

At 21% of local median household income ($153,401/yr), ZIP 48009 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48009?

To keep rent at or below 30% of gross income, you would need to earn at least $107,000/year (about $51/hour full-time) to afford the median rent of $2,682/mo in ZIP 48009. The local median household income is $153,401/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 48009?

Rent in ZIP 48009 has risen 4.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 48009?

Asking rents in ZIP 48009 are usually lowest in February, about 1.6% below their yearly trend, and highest in August, about 1.3% above it. At today's median that is a gap of roughly $78 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 48009?

Yes. From 2019 to 2024, rent in ZIP 48009 rose 34.7% while median household income rose 24.9%, from $122,804 to $153,401. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 48009 compare to other ZIPs in Michigan?

ZIP 48009 is one of the pricier among Michigan ZIP codes for rent, ranking #1 of 168 at $2,682/mo. Over the year to September 2026, rent in ZIP 48009 changed +4.1%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.

How does ZIP 48009 compare to the rest of Birmingham?

ZIP 48009 sits right at the Birmingham citywide median of $2,682/mo.
Income Affordability
21%
VERY AFFORDABLE

At $2,682/mo, rent takes ~21% of ZIP 48009's median household income ($153,401/yr). The standard benchmark is 30%.

ZIP 48009 21%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48009 (Birmingham, MI)

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