ZIP Code · MI

ZIP 48030

Pop. 14,963·Oakland County·76th most expensive ZIP in Michigan
Median rent (all units)
$1,525/mo
Year-over-Year
+2.8%
Month-over-Month
Stable
vs US Median
-$407
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 48030 · $1,525
More affordable than 71% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,190
2 BR
$1,500
3 BR
$1,830
4 BR+
$1,990
Research median
$1,500/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

January. Asking rents in ZIP 48030 usually run 1.3% below trend in January and 1% above it in October, about $35 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 48030 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Michigan

Rent in ZIP 48030 changed +2.8% 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 48030 rose 47.1% while median household income rose 72.4% ($38,903 to $67,073). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 48030 is 51% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($67,073) is $1,677 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,500); a 3-bedroom is $1,830.

Cheaper nearby

ZIP 48203, 3 miles away, rents for 14% less ($1,313/mo), about $2,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48030. 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
$18,300/yr
At $1,525/mo median
Location
StateMI
CountyOakland County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.8% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 48030 (Hazel Park, MI) is majority owner-occupied, 27% of residents hold a bachelor's degree or higher.

Population
14,963
Median income
$67,073
Median age
37.5
Renters
33.9%
Age distribution
17.5%
27%
29.3%
13.8%
12.4%
Under 1817.5%
18–3427%
35–5429.3%
55–6413.8%
65+12.4%
Gender
52%
48%
Male52%
Female48%
Race & ethnicity
74.7%
White74.7%
Black11.4%
Hispanic5.3%
Asian1.1%
Other7.5%
Education (25+)
34%
28%
27%
No HS diploma11%
HS diploma34%
Some college28%
Bachelor's+27%
Housing tenure
66.1%
33.9%
Owner66.1%
Renter33.9%

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

2021 vs 2026

How ZIP 48030 in Hazel Park, MI has changed in 5 years

Rent
$1,125 → $1,525
up 35.6%
Income
$50,871 → $67,073
up 31.8%
Population
15,213 → 14,963
down 1.6%
Renter share
42.9% → 33.9%
-9.0 pts
Bachelor's+
19.1% → 27%
+7.9 pts

The median rent in ZIP 48030 in Hazel Park, MI stood at $1,125 in 2021 and currently runs about $1,525, reflecting a 35.6% increase over the period. Median household income rose from $50,871 to $67,073 between 2021 and 2024, a 31.8% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.6% since 2021, moving from about 15,213 residents to roughly 14,963. Renters now make up 33.9% of households, compared with 42.9% five years ago. College-educated residents now make up 27% of adults here, versus 19.1% in 2021. Taken together, the five-year picture in ZIP 48030 in Hazel Park, MI reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 48030

Last updated: October 17, 2026

ZIP code 48030 covers Hazel Park, MI. The median rent here is $1,525/mo as of October 2026. A 1-bedroom rents for a median of $1,190/mo. A 2-bedroom rents for a median of $1,500/mo.

At 27% of local median household income ($67,073/yr), ZIP 48030 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48030?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,525/mo in ZIP 48030. The local median household income is $67,073/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 48030?

Rent in ZIP 48030 has risen 2.8% 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 48030?

Asking rents in ZIP 48030 are usually lowest in January, about 1.3% below their yearly trend, and highest in October, about 1% above it. At today's median that is a gap of roughly $35 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 48030?

No. From 2019 to 2024, rent in ZIP 48030 rose 47.1% while median household income rose 72.4%, from $38,903 to $67,073. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 48030 compare to other ZIPs in Michigan?

ZIP 48030 is in the middle among Michigan ZIP codes for rent, ranking #76 of 168 at $1,525/mo. Over the year to September 2026, rent in ZIP 48030 changed +2.8%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.

How does ZIP 48030 compare to the rest of Hazel Park?

At $1,525/mo, ZIP 48030 is $4 above the Hazel Park citywide median of $1,521/mo.
Income Affordability
27%
AFFORDABLE

At $1,525/mo, rent takes ~27% of ZIP 48030's median household income ($67,073/yr). The standard benchmark is 30%.

ZIP 48030 27%Benchmark 30%
State income tax4.25%
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Public schools near ZIP 48030 (Hazel Park, MI)

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