ZIP Code · MI

ZIP 48033

Part of Southfield, MI

Pop. 17,277·Oakland County·83rd most expensive ZIP in Michigan

Median rent (all units)

$1,476/mo

Year-over-Year

+2.2%

Month-over-Month

+0.3%

vs US Median

-$456

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 48033 · $1,476

More affordable than 75% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,100

1 BR

$1,220

2 BR

$1,540

3 BR

$1,880

4 BR+

$2,040

Research median

$1,540/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

Compared with the peak

Rent in ZIP 48033 is at its highest level since Zillow's records here began in February 2022.

Past year vs. the rest of Michigan

Rent in ZIP 48033 changed +2.2% over the year to September 2026. Across the 134 Michigan ZIP codes Zillow tracks, the typical change was +4.4%.

Recent direction

Rent has risen 4 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($61,016) is $1,525 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,220); a 2-bedroom is $1,540.

Rank in Southfield

2nd cheapest of 3 ZIP codes in Southfield.

Cheaper nearby

ZIP 48223, 5 miles away, rents for 31% less ($1,023/mo), about $5,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48033. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,712/yr

At $1,476/mo median

Location

CitySouthfield

StateMI

CountyOakland County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.2% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 48033 (Southfield, MI) is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 35.8% of residents hold a bachelor's degree or higher.

Population

17,277

Median income

$61,016

Median age

49.2

Renters

48.1%

Age distribution

16.3%

19.1%

23.3%

15.7%

25.5%

Under 1816.3%

18–3419.1%

35–5423.3%

55–6415.7%

65+25.5%

Gender

45.7%

54.3%

Male45.7%

Female54.3%

Race & ethnicity

22.4%

69.8%

White22.4%

Black69.8%

Hispanic1.4%

Asian1.9%

Other4.5%

Education (25+)

20.7%

37.5%

35.8%

No HS diploma5.9%

HS diploma20.7%

Some college37.5%

Bachelor's+35.8%

Housing tenure

51.9%

48.1%

Owner51.9%

Renter48.1%

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

2022 vs 2026

How ZIP 48033 in Southfield, MI has changed in 5 years

Rent

$1,349 → $1,476

up 9.4%

Income

$53,096 → $61,016

up 14.9%

Population

17,154 → 17,277

up 0.7%

Renter share

50% → 48.1%

-1.9 pts

Bachelor's+

32.5% → 35.8%

+3.3 pts

Median age

44.2 → 49.2

+5.0 yrs

Rent in ZIP 48033 in Southfield, MI has increased 9.4% since 2022, going from about $1,349 per month to roughly $1,476 today. Household income in the area moved from $53,096 to $61,016 across the same window, up 14.9% versus 2021. Income growth outran rent by about 5.5 percentage points, easing the affordability math somewhat compared with 2021. About 48.1% of households rent today, against 50% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 32.5% to 35.8%. Reading these numbers side by side helps frame whether current listings in ZIP 48033 in Southfield, MI look reasonable against where the market sat half a decade ago.

Community

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About renting in ZIP 48033

Last updated: October 17, 2026

ZIP code 48033 covers Southfield, MI. The median rent here is $1,476/mo as of October 2026. A 1-bedroom rents for a median of $1,220/mo. A 2-bedroom rents for a median of $1,540/mo.

At 29% of local median household income ($61,016/yr), ZIP 48033 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48033?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (about $28/hour full-time) to afford the median rent of $1,476/mo in ZIP 48033. The local median household income is $61,016/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 48033?

Rent in ZIP 48033 has risen 2.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2022.

How does ZIP 48033 compare to other ZIPs in Michigan?

ZIP 48033 is in the middle among Michigan ZIP codes for rent, ranking #83 of 168 at $1,476/mo. Over the year to September 2026, rent in ZIP 48033 changed +2.2%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.